Country: Asia Page 432 / 474
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- April 27 2016
Samsung Life signs infrastructure co-investment deal
The Samsung group aims to invest US$500 million over five years into loans originated globally by Natixis.
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- April 27 2016
Japan quakes unlikely to affect non-life sector
Prudent underwriting and effective reinsurance will protect the industry's financial position, says Fitch.
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- April 27 2016
Edelweiss Tokio Life names new chief actuary
Subhrajit Mukhopadhyay will be responsible for all actuarial processes and controls in India.
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- April 26 2016
Indonesia mandates greater allocation to bonds
Domestic pension funds and insurers will be required to invest a minimum of 20% of their assets in bonds.
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- April 26 2016
Alibaba sets up online health cover JV
The company, founded by Jack Ma, has teamed up with six other investors to establish a partnership with China Taiping.
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- April 26 2016
Korea to ease curbs on insurance firms’ investments
The Financial Services Commission is to allow insurers in the country to increase their foreign investments.
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- April 25 2016
China Insurance Investment raises US$4.63 billion
The newly established fund will invest in various infrastructure projects in Shanghai.
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- April 25 2016
Korean online sales growing rapidly
Sales have more than quadrupled since 2012, according to the Korea Life Insurance Association.
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- April 25 2016
Nearly US$4bn of losses for Japan, Ecuador quakes
Property losses may reach as much as US$2.9 billion for the earthquakes in Japan alone.
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- April 25 2016
Philippines tightens rules on pre-need, health insurance
The regulatory tightening follows a shortage in the trust fund of a local pre-need company.
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- April 22 2016
India’s coming IPO wave?
HDFC Life is set to become the country’s first publicly listed life insurer, potentially heralding a wave of deals.
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- April 22 2016
Korean woes
The depths of Korea's problems came into sharp relief when Allianz sold its life unit for less than a Gangnam apartment.
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- April 22 2016
Dai-ichi Life boosts foreign bond and alternative asset holdings
The move is aimed at diversifying the insurer's portfolio risk and strengthening income generation.
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- April 22 2016
Japan, Ecuador quakes forecast to hit earnings
Recent earthquakes in Japan and Ecuador will substantially affect second-quarter earnings, says Morgan Stanley.
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- April 22 2016
China Life warns of big net profit decline for Q1
Asia-Pacific's biggest insurer says the drop could be as much as 60% due to a plunge in investment income.
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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.
