Country: Asia Page 383 / 415
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- January 22 2016
China’s life market forecast to become world’s third biggest
McKinsey predicts double-digit growth during the next five years as it shifts focus to pursue value-creation.
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- January 22 2016
XL Catlin to open reinsurance branch in India
The decision to pursue a licence is part of a strategy to expand its presence in emerging markets.
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- January 22 2016
S&P assigns A+ rating to Metlife Hong Kong
Standard & Poor's has assigned an "A+" rating with stable outlook to MetLife Hong Kong,
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- January 21 2016
Anbang seeks more investment opportunities in NY
After paying nearly US$2bn for the Waldorf Astoria hotel, the group says it has plans for more investments.
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- January 21 2016
Larger Chinese life firms set for robust growth in 2016
Strong increase in sales forces and more competitive yields has set the scene for expansion.
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- January 21 2016
Japan Post Insurance seeks reinsurance licence
The move is reportedly part of an effort to diversify earnings and enhance convenience for customers.
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- January 20 2016
Dai-ichi Life in distribution deal with Vietnam Post
Japan's third-largest life insurer will sell its products exclusively at branches of state-run Vietnam Post.
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- January 20 2016
QBE appoints Anthony Cloney to head Vietnam
A QBE veteran, he will be responsible for developing and steering strategic initiatives in the country.
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- January 19 2016
Malaysia market forecast to stay flat this year
Stagnant economic outlook for 2016 is expected to take a toll on the country's insurance industry.
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- January 19 2016
Philippine nonlife industry outperforms in 2015
From January to September 2015, net income in the nonlife insurance sector grew 122% to US$76m.
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- January 19 2016
Thailand to ease foreign investment rules
Foreign investors will no longer need approval to hold more than 50% in the country's local insurers.
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- January 18 2016
Smaller life firms in China worst-hit by stock sell-off
Small and medium-sized life insurers tend to have the most aggressive risk appetites, says Fitch.
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- January 18 2016
EastWest Ageas Life wins Philippines licence
Joint venture between EastWest Bank and Ageas has been approved by the Insurance Commission.
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- January 18 2016
Asia premium growth to outperform world average in 2016
Premium growth will increase despite tougher regulations and a slowing economy, says Swiss Re.
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- January 18 2016
China United Insurance US$1bn Hong Kong IPO rumoured
The state-backed insurer is reportedly planning to raise about US$1bn in the second quarter.
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- January 15 2016
Taiwan Life forecasts 6% premium rise under CTBC
The Taiwanese insurer said its total assets would swell to NT$1.6 trillion after the union with CTBC Financial.
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- January 15 2016
AIA Korea names new CEO
The appointment of Cha Tae-jin comes just five months after he joined AIA as vice-president of sales.
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- January 15 2016
Nippon Life eyes asset management firms abroad
Japanese insurer seeking opportunities abroad to reduce reliance on domestic government bonds.
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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.
