Country: Asia Page 351 / 396
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- May 20 2016
Korea seeks to revamp health insurance policies
The overhaul is part of an attempt to reduce the number of insurance fraud cases in the country.
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- May 19 2016
Fairfax mulls acquisition of Indonesian insurer
The Canadian insurer is reportedly in advanced talks to acquire majority shares in the non-life unit of Paninvest.
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- May 19 2016
Korean life companies’ investment returns forecast to fall
High interest-rate policies and the introduction of new accounting rules are affecting profitability in asset management units.
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- May 19 2016
Vietnamese insurers told to gear up for AEC and TPP
The country's legal framework for the sector is outdated and incomplete, and the industry lacks good governance, says one critic.
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- May 19 2016
Japanese insurers lower dividend payments
Four of Japan's top insurance companies are expected to report a decline in dividend payments on corporate pensions.
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- May 18 2016
China rolls out catastrophe home insurance plan
At least 45 insurers have joined the programme, which will issue special insurance products providing post-earthquake compensation.
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- May 18 2016
Singapore insurers told to boost sale of cyber policies
With penetration at less than 10%, local insurers have been urged to look to cyber risk management for growth.
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- May 17 2016
China Life to be a cornerstone in BOC Aviation IPO
China Life has committed to invest US$50 million in the public offering of the biggest aircraft lessor in Asia.
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- May 17 2016
Sun Life Grepa sees record growth in the Philippines
The Philippine joint venture insurance company posted premium income up 44% year-on-year in 2015.
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- May 17 2016
China looks to UK for advice on financial super regulator
Chinese regulators head to London to discuss plans to merge its banking, securities and insurance regulators into one entity.
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- May 16 2016
Taiwan Life adds US$41m to CTBC’s Q1 earnings
The contribution reversed CTBC's net loss in the final quarter of 2015, though profits were still down significantly.
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- May 16 2016
Five bidders competing for Dah Sing Life
At least five companies have now expressed interest in buying the insurance unit of Hong Kong's Dah Sing Financial Holdings.
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- May 16 2016
Malaysian consumers ask for more protection on claims
Lack of effective guidelines covering accident insurance claims has resulted in many policyholders being defrauded.
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- May 13 2016
Perfect storm for Chinese life companies
The weak domestic economy, new solvency rules and increased scrutiny from the regulator are squeezing profits.
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- May 13 2016
Berkley sets up insurance unit in Asia
Berkley Insurance Asia will offer specialty commercial coverage to clients in North and South-East Asia.
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- May 13 2016
Tokio Marine raises stake in Vietnamese JV
The Japanese insurer is raising its stake in Bao Viet Tokio Marine Insurance to 51% from 49%.
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- May 12 2016
Philippine government sells National Life
The insurance regulator has approved the sale to a consortium of Filipino businessmen for US$23 million.
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- May 12 2016
Cross-border reinsurers win approval in India
Indian insurers are now allowed to make placements with a large number of reinsurers.
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- May 12 2016
Singapore life industry’s premiums up 5% in Q1
The steady growth of direct purchase insurance products has attracted S$730,000 in premiums since launch in April 2015.
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- May 12 2016
Allianz buoyed by demand for sharia policies in Indonesia
Allianz Life Syariah posted a 7.2% gross premium income increase in 2015, rising to US$56 million.
