Country: Asia Page 365 / 396
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- January 14 2016
Ironshore joins Lloyd’s China platform in Shanghai
Subsidiary Pembroke Managing Agency will initially focus on agriculture, marine and healthcare sectors.
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- January 14 2016
China to merge medical insurance programmes
The move is aimed at making medical insurance accessible for urban and rural residents alike.
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- January 14 2016
Dah Sing Financial exploring options for life unit
The group has notified the Hong Kong exchange that it is currently exploring options for its life business.
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- January 13 2016
AIA says Philippine business will be one of its top units
CEO Mark Tucker cited the growing economy and low penetration rate as reasons for optimism.
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- January 13 2016
Fairfax buys 35% stake in Vietnamese insurer
The insurance arm of Hanoi-based BIDV has sold up to 41 million new shares for an undisclosed sum.
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- January 13 2016
Fubon Life pays US$267m for stake in China United
The acquisition will give the Taiwanese insurer an opportunity to expand its footprint in China.
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- January 13 2016
More foreign insurers looking to enter Philippine market
Local regulator says it has received a lot of interest after the successful entry of two foreign firms in 2015.
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- January 12 2016
Vietnam offers more social insurance incentives
Sweeteners include subsidies, elimination of age limits and more choices in payment terms.
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- January 12 2016
IKBZ plans Myanmar’s first online insurance platform
The company aims to launch its online platform this month to list its 11 different insurance policies.
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- January 12 2016
Eight nonlife insurers in the Philippines for sale this year
A new capitalisation requirement is encouraging a wave of consolidation among smaller insurers.
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- January 11 2016
Bank Rakyat Indonesia cancels sale of insurance arm
State-controlled lender has reportedly scrapped the sale of 40% stake in its life insurance arm.
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- January 11 2016
Marine reinsurance prices fall even after Tianjin blasts
The blasts at China's Tianjin port has had little or no impact on marine reinsurance prices.
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- January 11 2016
Lombard to offer insurance-based wealth solutions
The Philadelphia-based insurer will launch its brokerage business in Hong Kong and Singapore.
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- January 8 2016
Insurers urged to set up fund management firms in Beijing
The new Beijing insurance industrial park is developing into a showcase for the insurance industry.
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- January 8 2016
Sumitomo Life approved for US$3.8bn Symmetry deal
Approval issued after regulator says deal is not hazardous or prejudicial to the insurance-buying public.
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- January 8 2016
China’s Macrolink backs out of Clal talks
Deal to buy Israel's second-biggest insurer has fizzled out after the local regulator spooks Macrolink.
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- January 7 2016
Sompo beats rivals to enter Myanmar’s auto market
The Japanese insurer will write vehicle insurance in the Thaliwa special economic zone in south-east Yangon.
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- January 7 2016
Cathay Life invests further US$900m in logistics sector
The Taiwanese firm has broke ground on another logistics facility in Taichung's Wuri District.
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- January 7 2016
DBS, Manulife officially launch US$1.2bn bancassurance deal
The deal allows the Canadian insurer to distribute its products in DBS branches across the region.
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- January 7 2016
Fitch forecasts growth for Malaysia’s takaful sector
After strong growth in 2015, the momentum will continue thanks to demographics and government support.
