Country: Asia Page 352 / 415
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- November 25 2016
Mitsui Sumitomo to offer cover for bitcoin losses
Developed with bitcoin exchange operator bitFlyer, the product aims to protect both exchanges and their customers.
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- November 25 2016
Tencent and investors sign HeTai Life deal
The Chinese internet giant invested through a subsidiary, while other shareholders include Citic Guoan and Munson Capital.
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- November 24 2016
Cost of fraudulent NHI claims hits new record in Taiwan
Among the 2,285 medical facilities the NHIA investigated in the past three years, 1,108 breached the regulations.
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- November 24 2016
China’s insurance regulator to get strict on trading habits
CIRC will beef up scrutiny after an insurer was recently found to be engaging in “rat trading”.
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- November 23 2016
Indian life insurers hit by demonetisation
The demonetisation of 500 and 1,000 rupees notes is affecting payments of renewal premiums.
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- November 23 2016
Anbang eyes US$2.3bn Japanese property acquisition
The China-based insurer is now in talks with Blackstone to buy the residential property assets.
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- November 23 2016
China to boost healthcare insurance system
The government will expand coverage to the entire population, according to Premier Li Kequiang.
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- November 23 2016
AIG loses on Fuji Life, gains on Seoul finance centre
The expected US$30m loss on the Fuji sale will be cushioned by a deal to sell the Seoul IFC.
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- November 22 2016
UK government urged to prioritise China, India links
The Association of British Insurers wants Westminster to help crack foreign markets after the Brexit referendum.
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- November 22 2016
Prudential partners with Citic to open new China branch
The new branch in Hefei adds to Citic-Pru Life's domestic network, spanning 66 cities across 16 provinces.
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- November 21 2016
Taiwan insurers urged to buy long-term debt
The regulator's call comes at a time when the government's bond sales are struggling.
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- November 21 2016
HNA quits Taiwan venture to launch own unit
The Chinese conglomerate is dropping its money-losing venture with Shin Kong Life.
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- November 21 2016
Hanwha’s Vietnam strategy finally pays off
For the first time since launching in the country, the Korean insurer has posted a profit.
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- November 18 2016
The investment challenge facing Thai life insurers
InsuranceAsia News and BlackRock hosted an event in Bangkok recently to help the industry navigate the current environment.
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- November 18 2016
Korean authorities brace for new accounting rule
The International Accounting Standards Board is setting a schedule for the introduction of IFRS 4 Phase II.
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- November 18 2016
Future disasters to cost Vietnam $6.7b
About 60% of the country's land and 71% of its population are at risk of typhoons, tornadoes and floods.
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- November 18 2016
Peak Re appoints head of life and health
Christopher Lee will oversee the company’s life and health reinsurance business, including medical.
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- November 18 2016
AIA eyes infrastructure investments in Indonesia
The country needs US$400b to fund projects until 2020, most of which will come from private investors.
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- November 17 2016
Taikang Life to buy NorthStar senior care assets
China's fifth-largest insurer by sales has agreed to pay US$1b for the more than 460 healthcare properties.
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- November 17 2016
AXA to strengthen general insurance presence in Korea
The French group says that it plans to pour in W25b (US$21.4m) into its Seoul-based subsidiary.
