Country: Asia Page 327 / 395
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- February 7 2017
Japanese firms turn to health data to set premiums
Individualised premiums could be based on exercise times, sleep length, heart rates and other data.
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- February 7 2017
Global insurers capitalising on India’s demonetisation
The government's radical experiment has pushed millions of Indians to enter the formal financial system.
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- February 6 2017
More Japanese insurers to raise premium rates
The Bank of Japan's ultra-low interest rates are squeezing the profitability out of savings-type policies.
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- February 6 2017
Pru Life UK, GIZ tie up for Philippine initiative
The microinsurance partnership will address financial literacy and provide low-cost life insurance products.
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- February 6 2017
Former KIDI chairman to lead Allianz Life Korea
Kim Soo-bong will make a comeback to the insurance industry as vice-president level auditor.
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- February 3 2017
ACR completes acquisition of Malaysia units
The consolidation is part of a long-term strategy to enhance the operational efficiency of the ACR group.
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- February 3 2017
RGA starts operations in Mumbai
The opening comes after the branch secured a licence and the required approvals from the regulator.
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- February 2 2017
Blockchain-based insurance platform launched in Thailand
The decentralised platform was launched by the creators of the peer-to-peer YoCoin digital currency.
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- February 2 2017
ING Life Korea head secures another term
Cheong Mun-kuk will serve for another three-year term and oversee IPO planned for May.
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- February 1 2017
Future Generali seals India bancassurance deal
The deal with state-owned Bank of Maharashtra gives access to distribution through 1,896 branches.
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- February 1 2017
Union Bank inks bancassurance deal with Insular Life
The Philippines bank offers a network of more than 300 branches and six million customers.
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- February 1 2017
India’s SBI Life eyes IPO within next fiscal year
Chief executive officer Arijit Basu says the life insurer may sell a 10% stake by March 2018
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- January 31 2017
S Korean insurers post 34.3% rise in online sales
Non-life firms sales had risen to a total of W1.4 trillion (US$1.19 billion) in 2016.
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- January 30 2017
India drafts guidelines on outsourcing insurers’ activities
IRDAI proposed rules designed to ensure firms comply with prudent risk management practices.
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- January 30 2017
Zurich, Chinese bank tie up on bancassurance
Indonesian entity of Swiss giant partners with Bank of China to explore bancassurance services.
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- January 27 2017
Microinsurance success in the Philippines
The country’s insurance regulator forecasts that the penetration rate will reach close to 50% during the next five years.
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- January 27 2017
Japanese insurers expand cyber attack coverage to IoT
Several of the country's major non-life insurers are offering wider coverage and higher payout limits.
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- January 27 2017
Samsung Life’s 2016 net profits hit US$1.83bn
However, excluding a one-time profit, actual net profits slightly declined from a year earlier.
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- January 27 2017
China introduces new agri insurance subsidies
The new measures will better evaluate performance the subsidies, the Ministry of Finance said.
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- January 26 2017
China limits insurers’ stock investments to 20%
Chinese insurers will be restricted from buying listed firms or partnering with non-insurance parties.
