Country: Asia Page 384 / 403
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- September 29 2015
Vietnam imposes higher premiums on employers
New insurance premium calculations to be applied in 2016 disappoint garment industry.
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- September 29 2015
China eyes Bermuda reinsurance market after Tianjin
The explosions in Tianjin are spurring China to consider new sources of insurance.
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- September 28 2015
Allianz Life sees market need for takaful solutions
The company would like to start offering Islamic products to customers in Malaysia.
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- September 28 2015
KB Financial launches first one-stop financial shop
Banking, securities, life insurance and non-life insurance all offered under one roof.
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- September 28 2015
Healthcare top concern for China’s super rich
A majority of China's wealthy individuals are opting for high-end retirement communities.
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- September 25 2015
Malaysians buying more life insurance online
U for Life is investing up to M$5m over the next 12 months in its internet platform.
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- September 25 2015
Gadgets won’t help insurers’ bottom lines, says Pru
Smart devices could lead to the decline of conventional risk pools as preventable accidents drop.
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- September 25 2015
China plans crackdown on illegal insurance activity
CIRC is deploying new technology to monitor and regulate the growing agency force.
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- September 24 2015
Chinese insurers’ global buying spree hits US$6.1bn
Moody's says the outbound trend will continue unless there is a big change in interest rates.
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- September 24 2015
Japanese insurers’ face US$165m claims for Tianjin blasts
The country's top-four nonlife insurers will pay out claims for damage to finished automobiles.
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- September 24 2015
Korean insurers’ RBC ratios hit two-year low
Risk-based capital ratios of 56 insurers dipped to an average of 278.2% in the second quarter.
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- September 23 2015
Moody’s keeps stable outlook for Chinese insurers
The credit rating agency warned China's insurers on headwinds that may affect creditworthiness.
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- September 23 2015
Tokio Marine wins approval to buy HCC for US$7.5bn
The deal was initiated in June but had to wait for approval from shareholders.
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- September 23 2015
Markel appoints new head in China
Hu Qianhai has been appointed to lead the team providing solutions to Chinese insurers.
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- September 22 2015
Fire premiums on the rise in Japan
The increase is being driven a number of large-scale natural disasters in recent years.
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- September 22 2015
Chinese insurers now allowed to set up PE funds
Insurers can set up growth, buyout, mezzanine, real estate and venture capital funds.
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- September 22 2015
Hong Kong to launch Insurance Authority by year-end
The proposed Insurance Authority will replace the Office of the Commissioner of Insurance.
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- September 21 2015
Vietnam’s PM wants 85% health coverage by 2020
Nguyen Tan Dung says he wants those living in poverty to fully benefit from health insurance.
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- September 21 2015
China Re wins approval for US$2bn Hong Kong IPO
The company is offering up to 15% and expects to pitch the deal to investors in early October.
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- September 21 2015
Thailand launches SME loan insurance scheme
SMEs with outstanding debt payments will be able to insure loans for as much as US$2.8bn.
