Country: Asia Page 335 / 455
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- October 4 2018
Berjaya Sompo looking for acquisition targets
The company, which is 70% owned by Sompo Holdings, is planning to acquire competitors.
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- October 4 2018
India set to allow 100% foreign investment for broking
The move will give the sector the needed boost to make it more competitive.
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- October 3 2018
Shin Kong acquires MasterLink Securities
The Taiwanese company has said that it will centre its efforts on the insurance, banking and securities businesses.
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- October 3 2018
Hong Kong launches consultation on intermediaries
The Insurance Authority is finalising its requirements for intermediaries in preparation for a new regulatory regime.
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- October 2 2018
PICC gets approval for Shanghai IPO
The company and its underwriters are set to confirm the schedule for listing on the Shanghai Stock Exchange.
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- October 2 2018
OCBC abandons plan to sell stake in Hong Kong Life
The sale to First Origin International has been terminated by the Singaporean bank.
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- October 2 2018
GIC to retain first preference to offer reinsurance in India
New rules for the reinsurance market will not change the company's preferential position.
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- October 1 2018
Insurance firms in Malaysia told to consolidate
The central bank governor has urged consolidating to boost their competitive edge and lift performance.
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- October 1 2018
Taiwan life insurers cut forex losses
The weakening of the New Taiwan dollar in August has helped to reduce hedging costs.
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- October 1 2018
Stephen Clark named CEO of Zurich Life Malaysia
The industry veteran will succeed Philip Smith, who is leaving at the end of September.
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- September 28 2018
Typhoon Mangkhut losses could hit US$2bn
The strongest storm in the world this year could be one of the region’s most costly ever for insurers.
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- September 28 2018
Asia’s digital protection gap
A data breach at SingHealth shows that even Asia’s richest nations are vulnerable.
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- September 28 2018
Anbang to sell $200m worth of Japanese assets
The bidders include the previous owners, Blackstone, who sold the portfolio two years ago.
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- September 28 2018
Zurich to acquire Indonesia’s Adira Insurance
The deal means Zurich will become the largest foreign property-casualty insurer in the country.
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- September 27 2018
Over $1bn insured losses from Mangkhut, says AIR
This year's most powerful storm caused major property damage and business interruption in China, Hong Kong and Macau.
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- September 27 2018
Allianz in share-swap deal with Sri Ayudhya
The deal is aimed at creating synergies and enlarging the market share of both insurers.
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- September 27 2018
Singapore partners with four insurers to promote tech
The government has forged the partnerships to fast-track the development of the digital capabilities.
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- September 26 2018
BNP Paribas Cardif likely to cut stake in SBI Life
The sale is intended to comply with India's minimum public shareholding requirement.
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- September 26 2018
Singapore motor insurers post underwriting losses
The losses were incurred as claims increased significantly in the January-June 2018 period.
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- September 26 2018
Japan flood claims hit US$1.5bn
The flooding in July was prompted by extreme levels of rainfall.
