Country: Asia Page 347 / 396
-
- June 29 2016
Korea set to ease insurance regulations
To help insurers boost their financial standing, the government will lift limitations on investments.
-
- June 28 2016
Allianz to sell Indian stakes to partner Bajaj Finserv
The German insurer is poised to sell its investments in two insurance units, Bajaj Allianz Life and Bajaj Allianz General Insurance.
-
- June 28 2016
Taiwan regulator warns on Brexit
The FSC says that the country’s insurance industry is the most exposed financial sector to the UK after its EU referendum.
-
- June 28 2016
Chinese insurers turn to alternatives for yield
Non-traditional investments are largely aimed at combating the adverse effects of low interest rates and volatile stock markets.
-
- June 27 2016
CIMB to reap M$1bn revenue from banca deal
The Malaysian group expects to generate US$245m from its 15-year bancassurance deal with Sompo Japan Nipponkoa.
-
- June 27 2016
Thanahart and MBK form joint venture
Thailand's sixth-biggest lender and a property developer have formed a life and non-life insurance broker JV.
-
- June 24 2016
Korea’s insurance, pension assets hit new record in 2015
Savings have soared as more people increase their assets to prepare for retirement amid low interest rates.
-
- June 24 2016
China gives mutual insurance its approval
Three mutual insurance associations have been given the go-ahead by the regulator for a one-year trial.
-
- June 24 2016
Indian life premiums up by more than a quarter
New premium collections increased by 26.6% to US$1.57 billion during May, led by state-run companies.
-
- June 24 2016
Dai-ichi Life ups stake in Indian insurance venture
The Japanese company has paid US$80m to Bank of India to extend its stake in Star Union Dai-ichi Life to 44%.
-
- June 23 2016
Berkshire enters accident and health market in Asia
Philip Brain joins from Chubb to lead entry into group personal accident and business travel products.
-
- June 23 2016
Japanese majors raise capital for 2020 rule
Among those that are increasing their capital are Sumitomo Life, Meiji Yasuda Life, Nippon Life and Dai-ichi Life.
-
- June 22 2016
Restructuring to hurt Korean insurers in short term
Corporate restructuring initiated by the government may further hurt the capital soundness of domestic insurers.
-
- June 22 2016
WeLab considers insurance venture
China's largest mobile lending and credit analytics platform is entering the insurance services business.
-
- June 22 2016
Hong Kong market grows strongly in Q1
The upbeat tempo has been attributed to the establishment of the Independent Insurance Authority.
-
- June 21 2016
Asean pushes for integration of insurance sector
Member countries have set up a working group that will look into the integration of the sector within the region.
-
- June 21 2016
Zurich sells general insurance operations in Taiwan
The sale is part of its efforts to restructure its global organisation and curb a decline in profitability.
-
- June 21 2016
China Life vies with Yunfeng in iKang bid
A bidding war has ensued between the two Chinese buyers, who both want to delist the healthcare provider from Nasdaq.
-
- June 21 2016
Max Financial and HDFC eye merger
The deal will potentially create the biggest private insurer in the country, overtaking ICICI Prudential.
-
- June 20 2016
Fitch cuts outlook on 11 Japanese insurers
Increasingly difficult for insurers to be rated above the sovereign if they hold high levels of government debt.
