Country: Asia Page 348 / 391
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- May 3 2016
Great Eastern drags down OCBC’s Q1 profit
Losses in the investment portfolio of its insurance arm led to a 14% decline in net profit for the first quarter.
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- May 3 2016
Allianz hit by Indonesia’s troubled life market
Huge challenges in the country's life market have taken a toll on the German insurer's gross premium income.
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- April 29 2016
A window of growth in Malaysia’s Islamic market
Demand in Asia’s biggest takaful market is growing at multiples of the conventional industry.
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- April 29 2016
Willis strengthens HK team with Deutsche hire
Vincent Lien has joined as managing director of Willis Capital Markets & Advisory in Hong Kong.
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- April 29 2016
Zurich to take over Malaysia’s MAA Takaful
The deal proposed in November 2015 has won regulatory approval from the country’s central bank.
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- April 29 2016
Everest Bank, MetLife Nepal ink bancassurance deal
The deal represents a rare bancassurance tie-up in one of the poorest countries in Asia.
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- April 29 2016
Japan Post Insurance looks to stocks, risk assets
Negative interest rates on Japanese government bonds have led to a quest for higher returns.
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- April 28 2016
Ping An expected to join US$3bn ING Life Korea bid
Korea’s fifth-largest insurance firm is expected to fetch more than US$3bn in a highly contested bidding process.
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- April 28 2016
SEG aims for third spot in Thai market
Southeast Insurance and Financial Group is aiming to become one of the country's top three players.
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- April 28 2016
Vietnam plagued with malware
The country continues to be targeted by hackers linked to the political dispute over the South China Sea.
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- April 27 2016
Samsung Life signs infrastructure co-investment deal
The Samsung group aims to invest US$500 million over five years into loans originated globally by Natixis.
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- April 27 2016
Japan quakes unlikely to affect non-life sector
Prudent underwriting and effective reinsurance will protect the industry's financial position, says Fitch.
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- April 27 2016
Edelweiss Tokio Life names new chief actuary
Subhrajit Mukhopadhyay will be responsible for all actuarial processes and controls in India.
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- April 26 2016
Indonesia mandates greater allocation to bonds
Domestic pension funds and insurers will be required to invest a minimum of 20% of their assets in bonds.
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- April 26 2016
Alibaba sets up online health cover JV
The company, founded by Jack Ma, has teamed up with six other investors to establish a partnership with China Taiping.
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- April 26 2016
Korea to ease curbs on insurance firms’ investments
The Financial Services Commission is to allow insurers in the country to increase their foreign investments.
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- April 25 2016
China Insurance Investment raises US$4.63 billion
The newly established fund will invest in various infrastructure projects in Shanghai.
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- April 25 2016
Korean online sales growing rapidly
Sales have more than quadrupled since 2012, according to the Korea Life Insurance Association.
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- April 25 2016
Nearly US$4bn of losses for Japan, Ecuador quakes
Property losses may reach as much as US$2.9 billion for the earthquakes in Japan alone.
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- April 25 2016
Philippines tightens rules on pre-need, health insurance
The regulatory tightening follows a shortage in the trust fund of a local pre-need company.
