Country: Asia Page 334 / 395
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- November 14 2016
Taiwan’s healthcare system wins top marks
Public satisfaction with the National Health Insurance system is at 83.1%, according to poll.
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- November 14 2016
Prudential sells Korean insurance business to Mirae
The UK insurer announced on its website that it has agreed to sell 100% of PCA Life for US$146m.
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- November 10 2016
Singapore insurance group to study healthcare costs
The city's Life Insurance Association will study recommendations of Health Insurance Task Force.
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- November 10 2016
Japan insurance industry a model of deregulation
CEO of MS&AD says the country's deregulation of its insurance sector provides a good lesson.
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- November 9 2016
Ping An opens 10,000 health clinics in China
The clinics are part of its Wanjia Clinics platform, serving the 110 million users of its Ping An Doctor portal.
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- November 9 2016
Hong Leong calls off talks to sell insurer stakes
After failing to reach a deal with any of the potential buyers, the group abandons the sale.
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- November 9 2016
Philippines protection gap valued at US$300bn
Many Filipinos are still not covered and the industry is not focused on selling protection at present.
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- November 9 2016
MetLife appoints new HK chief executive
Formerly at Allianz Taiwan Life Insurance, Lee Wood will lead MetLife's business in Hong Kong.
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- November 8 2016
ICIEC, K-sure agree on mutual cooperation
The partnership comes at a time when Korean companies are increasingly investing in ICIEC member countries.
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- November 8 2016
Lloyd’s onshore reinsurance branch in India approved
It plans to open a branch in Mumbai in 2017 as UK trade secretary praises the approval as "symbolic".
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- November 7 2016
Japan not tapping full potential of its captive market
As cross-shareholdings in corporate Japan weaken, the role of captives could be set to rise.
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- November 7 2016
Korean insurers post stellar earnings in Q3
Samsung Fire & Marine and Dongbu have profited from big-data analysis of clients' driving habits.
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- November 7 2016
HK regulator optimistic despite Beijing restrictions
Independent Insurance Authority sees demand remaining strong because of high quality of products.
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- November 4 2016
Indonesia urged to use cat bonds
The SE Asian nation is the latest country to be urged to transfer risk via capital markets.
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- November 3 2016
Profit drop eases for China’s insurers
Lower yields on insurance funds dragged down the profits of China's insurance firms in the first nine months.
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- November 3 2016
Philippine lawmakers back lower taxes on non-life insurance
Hopes are high that proposals to reduce taxes imposed on non-life insurance in the Philippines will eventually be approved.
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- November 2 2016
Negotiations extended for sale of Felda’s AXA Affin stake
Talks between Affin and the state-run planter’s stake will be allowed to extend for another three months.
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- November 2 2016
India’s non-life gross premiums up 86% in September
Among the 23 private sector players, HDFC Ergo General's underwritten premium almost tripled.
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- November 2 2016
India requires reinsurance applicants to bring in capital
IRDA moves closer to final approval with a capital request of Rs5 billion (US$75 million) each.
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- November 2 2016
Korean life insurers cut workforce amid profit decline
The layoffs are primarily geared toward cutting costs in an environment of low interest rates.
