Country: Asia Page 341 / 391
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- July 13 2016
ING Life sale expected to drag on
JD Capital and PICC have emerged as the most aggressive preliminary bidders in the sale of the Korean insurer.
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- July 12 2016
Major Chinese insurers to face stricter rules
The country's top insurance regulator is set to release a list of domestic systemically important insurers.
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- July 12 2016
Taiwan’s NHI launches open data website
The government launch of an insurance website has given the public access to six categories of open insurance data.
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- July 12 2016
MetLife posts stellar growth in Hong Kong
The business grew 116% year-over-year, a performance catapulting the firm to the list of fastest-growing insurers in the market.
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- July 12 2016
MAS concerns for consumers amid Singaporean talent war
The regulator has acknowledged that there is a need to institute control mechanisms to protect consumers.
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- July 11 2016
AIA hires new CEO in the Philippines
Ariel Cantos will head the business after Axel Bromley relocated to the US for personal reasons.
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- July 11 2016
Insurance earnings under the spotlight for Japanese banks
There are growing concerns that Japanese banks should be more transparent to their customers.
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- July 8 2016
China draws on insurers to fund One Belt One Road
CIRC has made it easier for mainland insurers to invest in infrastructure as part of a bid to direct capital to projects.
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- July 8 2016
Swiss Re names new corporate solutions head for China
Jingwei Jia has been appointed chief executive officer for the operations for the Swiss insurer's China corporate solutions business.
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- July 8 2016
Huagui Life gets regulatory approval in China
The Chinese-listed holding firm is getting closer to achieving its plan to establish a new life insurance company.
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- July 7 2016
Malaysian insurers to benefit from tariff reductions
Many in the industry are seeing the detariffication process as leading to more competition and price wars.
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- July 7 2016
Taiwan deposit insurance coverage is world’s third highest
Coverage of NT$3 million indicates the country is succeeding at protecting local consumers and their assets, says the regulator.
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- July 6 2016
China eases rules on infrastructure investment
A slow economy and low returns have prompted China to ease regulation governing insurers' investments in projects.
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- July 6 2016
Mitsui Sumitomo issues corporate catastrophe bonds
The service provides a way for corporations to access capital quickly after a disaster occurs, with no lengthy claims process.
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- July 6 2016
Hong Leong gets go ahead on sale of life unit
The group is exploring the sale of its life insurance business in Malaysia, in a move analysts describe as a surprise.
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- July 5 2016
Korean insurers’ assets to hit W1,000tn in H2
Growing demand for post-retirement products will boost assets under management sometime in the second half of 2016.
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- July 5 2016
RGA enters India
The Reinsurance Group of America has secured approval from the regulator to establish a branch in the country.
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- July 5 2016
Sun Life Financial buys CIMB Sun Life
The Malaysian group has reportedly agreed to divest its entire stake in the joint venture for US$41.8m in a deal signed in March.
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- July 4 2016
Manulife Indonesia to spin off sharia unit
To expand its market share, the Canadian insurer intends to spin off its sharia business unit.
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- July 1 2016
Allianz appoints chief digital officer for Asia Pacific
The German insurer has hired Robin Loh for the newly created role of chief digital officer for the Asia-Pacific region.
