Country: Asia Page 374 / 478
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- March 27 2018
China’s low penetration an opportunity for global insurers
Manulife president and CEO Roy Gori sees great potential as the country rolls back foreign ownership caps.
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- March 26 2018
Fosun advances plan to buy Greek insurer
The Chinese group has formally expressed interest in buying Greece’s leading insurance firm, Ethniki.
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- March 26 2018
China Life net profit soars 68%
Earnings of more than US$5bn in 2017 were driven by its exclusive individual agent channel.
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- March 23 2018
Japan cat pricing unmoved
Last year’s huge nat-cat losses in the US do not appear to be pushing prices up in Asia.
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- March 23 2018
Ping An plans spinoff and listing of four unicorns
Ping An Good Doctor and Lufax are among the startups being slated for initial public offerings.
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- March 23 2018
Six Japanese life insurers consolidate pension businesses
The move is aimed at combatting the effects of the government’s persistent, low interest rate policy.
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- March 23 2018
Guo Shuqing named head of China’s merged regulator
The former banking regulator is set to take over the new combined banking and insurance watchdog.
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- March 22 2018
Ping An beats expectations with 2017 results
The Chinese insurer posted 43% growth in net profit and will double its dividend payment.
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- March 22 2018
Etiqa reports record profits for 2017
The Malaysian insurer said its pre-tax earnings reached a record US$280m, up 18.5% from 2016.
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- March 21 2018
Financial Risk Solutions opens second Asia office
The unit-linked investment administration and compliance oversight software provider has opened in Hong Kong.
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- March 21 2018
JLT Re appoints new head of treaty business in Asia
Vinod Krishnan will be responsible for building the company’s treaty reinsurance offering in Korea and South-East Asia.
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- March 21 2018
Korea Development Bank postpones sale of life unit
The former Kumho Life will not be sold for at least two years or until it becomes more competitive.
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- March 20 2018
Allianz expands entertainment insurance to Asia
Damian Kerin, head of entertainment for Asia Pacific, is overseeing the Singapore launch.
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- March 20 2018
China’s two top insurers to report increased profits
Analysts are expecting Ping An and China Life to show double-digit profit increases.
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- March 20 2018
AIG names new head of Korea business
Douglas Min joins as president and CEO in Seoul, taking over from Steven Barnett.
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- March 19 2018
PolicyPal raises $20m from ICO
The Singapore insurtech startup raised 23,809 ethereum tokens through its initial coin offering.
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- March 19 2018
Japan to help develop Myanmar’s insurance sector
Prime minister Shinzo Abe made the commitment during the Myanmar-Japan Joint Economic Conference.
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- March 19 2018
Rescue plan for Indonesian life insurer collapses
Evergreen's planned rescue of the embattled Bumiputera has failed after disagreements over funds.
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- March 16 2018
Joined-up regulation
China’s banking and insurance regulators are merging as the country seeks to better control risks.
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- March 16 2018
Singapore’s LIA adopts new measures on incentives
The proposals cover sales targets, sign-on incentives and the monitoring of representatives.
