Country: Asia Page 395 / 436
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- April 22 2016
AIA bullish on Philippines despite low penetration
Insurance penetration has slowed to a growth rate of less than 2% during the past seven years.
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- April 21 2016
China’s property players eye insurance sector
High land costs and a growing need for cash-yielding assets is driving developers to bid on insurance operations.
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- April 21 2016
Japan’s negative rates seen forcing premiums hikes
Rates for savings-type products could go up by 10% to 20% by April 2017 to counteract the interest rate environment.
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- April 20 2016
Korea to reform motor premiums to punish bad drivers
Insurance will be priced based on the specifics of each case to encourage reckless drivers to be more careful.
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- April 20 2016
Fubon Life’s Hong Kong subsidiary opens
Hong Kong chief executive Jerry Chou says the local life market still has great potential for further growth.
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- April 19 2016
Indian life companies warned on bancassurance
An industry group has warned life companies about relying too much on banks for selling insurance policies.
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- April 19 2016
China to name systemically important insurers
The Chinese regulator is set to release a list of insurers that may be considered too big to fail.
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- April 19 2016
Insurance shares drop following Japan quakes
The economic effect of the earthquakes in southern Japan has started to surface as the damage is surveyed.
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- April 19 2016
Fitch warns of Chinese insurers’ rising risks
The country's insurers could face rising risks in a number of areas as they increasingly invest overseas.
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- April 18 2016
Generali Group strengthens Thai operations
The company plans to boost its premium income tenfold, to become one of Thailand’s top 10 players.
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- April 15 2016
Shanghai is home to 55 insurance headquarters
The city plans to build the industry further towards its goal of becoming an international centre for the sector by 2020.
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- April 15 2016
China’s Sunshine Life launches US$1.5bn bond offer
The sale ends the recent drought among Chinese companies tapping the offshore bond market.
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- April 15 2016
Future Land bids US$1bn for Dah Sing Life
The bid is part of a plan to sell Hong Kong insurance products to homebuyers in China.
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- April 14 2016
Indian firms exploit rising demand for D&O cover
Panama Papers revelations are among factors fuelling growing demand for large D&O policies.
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- April 14 2016
Sompo nears US$200m bancassurance deal with CIMB
The 10-year deal will allow the company to distribute general insurance products through CIMB's branches across Asia.
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- April 14 2016
Aioi Nissay Dowa teams up with Toyota for US auto cover
The non-life arm of MS&AD is teaming up with Toyota Motor to enter the auto insurance market in the US.
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- April 14 2016
Tokio Marine Life Singapore to name new CEO
Lance Tay is reportedly stepping down on May 31 after steering the business to MAS Tier 1 Significant Insurer status.
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- April 13 2016
Taiwanese financial firms hit by falling insurance earnings
The sluggish performance of insurance companies is taking a toll on the nation's top financial groups.
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- April 13 2016
Insurance complaints up 7% in Hong Kong in 2015
The city's insurance industry self-regulator says the number of new complaints last year increased to 647 cases.
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- April 13 2016
Korean insurers post worst returns in more than a decade
Investment income ratio dropped to an average of 4% last year, the lowest return on invested capital since 1991.
