Country: Asia Page 325 / 403
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- June 2 2017
Chinese counties to offer agri disaster insurance
The scheme is aimed at 200 pilot counties that are primarily engaged in planting rice, wheat and corn.
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- June 1 2017
Life premiums in Indonesia up 28%
Data released by the OJK shows that life insurers enjoyed solid premium growth in the first three months of this year.
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- May 31 2017
Korea relaxes rules as IFRS implementation nears
The FSS aims to help insurers alleviate potential fallouts from changes in global accounting rules.
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- May 30 2017
Interest rate risk hounds Japanese insurers
Life insurers are failing to extend the duration of their assets because of lingering low bond yields in Japan.
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- May 30 2017
Fairfax sells stake in Indian JV
The Canadian company has sold 12.18% of its stake in general insurance firm ICICI Lombard General Insurance.
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- May 30 2017
India’s general market posts 16% premium growth
Private sector general insurers have overtaken their state-owned peers in terms of premiums for the first time.
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- May 29 2017
Anbang to invest US$2.67bn more in two Korean insurers
The Korean insurer is considering additional investments in Tongyang and Allianz ahead of tightened regulations.
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- May 26 2017
Downgrading China
Moody's has downgraded the country’s sovereign rating for the first time since 1989.
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- May 26 2017
Top Japanese life firms post steep premium income fall
The negative interest rate policy of Japan’s central bank has weighed on investment income.
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- May 26 2017
Strong currency puts pressure on Taiwan life insurers
The venture offshore in search for higher yields is creating exposure to unfavourable capital and currency fluctuations.
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- May 25 2017
Doubts on HDFC Life, Max Life merger unresolved
The proposed merger has not received any opinion from the country’s attorney general.
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- May 25 2017
Tokio Marine to pare down stake in Malaysia business
The move is part of Bank Negara Malaysia’s ruling for foreign insurers to cut their stake to 70% in local life insurers.
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- May 25 2017
China insurers’ solvency remains at a healthy level
First-quarter capital adequacy reflects efforts to keep risks within control, says the insurance regulator.
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- May 24 2017
WannaCry hit Asia hard but won’t boost cyber policies
Companies that haven’t taken basic security measures aren’t about to start buying insurance.
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- May 24 2017
Korean insurers’ profit climbs on dividend income
The country's insurers' posted a 24.4% on-year combined net profit rise in the first three months of the year.
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- May 24 2017
Chinese insurers urged to invest in infrastructure
The Chinese regulator says that such projects will be given easier access to insurance funds to boost economy.
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- May 24 2017
Malaysian liberalisation could raise penetration rate to 75%
The insurance and takaful penetration rate in the country has ranged between 54% and 56% over the last five years.
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- May 23 2017
Foreign insurers eyeing up Syarikat Takaful Malaysia
A number of foreign insurers have reportedly expressed interest in acquiring the takaful operator.
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- May 23 2017
DBS India inks two bancassurance deals
The new partnerships are with Tata AIA Life and Birla Sun Life, after its agreement with Aviva India Life.
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- May 22 2017
PICC plans US$2bn share sale in mainland China
The sale comes more than four years after its subsidiary went public in Hong Kong through a US$3.1bn offering.
