Country: Asia Page 350 / 396
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- May 30 2016
Underwriting earnings key for Japan’s life insurers, says Fitch
Life companies are maintaining strong profitability despite declining bond yields in local fixed-income markets.
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- May 30 2016
Korea orders insurers to apply stricter lending rules
The move is part of the government's efforts to keep the country's household debt in check.
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- May 30 2016
Sompo Japan to launch volcano insurance in June
Companies suffering losses due to volcanic activity in Japan will soon have access to insurance protection.
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- May 27 2016
Blockchain technology coming to China?
Ping An has become the first Chinese insurer to join a global consortium exploring ways to use the technology in financial markets.
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- May 27 2016
Japan’s regulator holds off enforcement of commissions disclosure
Opposition from regional banks prompts FSA to set aside plan to require banks to disclose commission details.
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- May 27 2016
Korean insurers post 6.3% profit gains in Q1
However, the companies suffered declines in profitability due to the unfavourable business environment.
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- May 26 2016
Allianz launches Singapore innovation hub
The company's Asia Lab will seek to harness digital innovation and advanced analytics to deliver intuitive solutions.
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- May 26 2016
Ping An joins blockchain consortium
The Chinese insurer has joined a global consortium working on ways that blockchain technology can be used in financial markets.
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- May 26 2016
Asean plans insurance sector integration
A working committee will look measures to develop the sector, including encouraging greater participation of foreign partners.
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- May 26 2016
Sale of ING Life generates lower-than-expected interest
Korean private equity firm MBK Partners has extended the sales offer deadline to allow more potential bids.
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- May 25 2016
China Mobile to invest US$306m in insurance market
China's largest wireless carrier plans to buy a 20% stake in two insurers from China Merchants Group.
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- May 24 2016
World Bank sets up US$500m catastrophe fund
The fund, which is the first of its kind in the world, will combat pandemics in poor nations.
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- May 24 2016
Thailand eyes compulsory insurance for rice farmers
The scheme is intended to ease the government's burden in helping farmers in the event of a calamity.
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- May 23 2016
Solvency ratios of 11 Chinese insurers near regulatory limit
At least 10 life insurance firms and one property insurance firm have solvency ratios that are nearing the regulatory red line.
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- May 23 2016
Kumamoto quake payouts are Japan’s second-largest
The recent earthquakes in and around Kumamoto Prefecture have incurred insurance payouts US$1.13 billion.
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- May 23 2016
Chinese operations boost Ageas’s Q1 profit
Ageas has posted a better-than-expected net profit for the first quarter of the year, thanks to new business premiums in China.
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- May 23 2016
Friends Provident names new Singapore MD
Andrew Waddell was previously principal and executive director at Lahinch Partners and co-led the establishment of AMP Advice.
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- May 20 2016
Shanghai insurance exchange to launch next month
Ninety-one Chinese companies have agreed to pool their resources to come up with the capital needed for the exchange.
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- May 20 2016
Japan’s top non-life insurers post record profit
Among other contributing factors, the mainstay auto cover business continued to boost earnings.
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- May 20 2016
India to revise IPO guidelines for insurers
The regulator has been working on changes to the existing public offering norms and expects to announce them soon.
