Country: Asia Page 438 / 458
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- October 8 2015
SM Malls to offer prepaid life insurance products
The Manulife products will soon be available at counters in Philippine shopping malls.
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- October 8 2015
Philippine bank gets nod to invest in insurance JV
Bangko Sentral ng Pilipinas has approved the life JV between East West Bank and Ageas.
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- October 7 2015
ACE names new regional marine risk manager
Sivakumaran Divakaaran joins the multiline insurer from Charles Taylor Marine in Malaysia.
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- October 7 2015
Foreign insurance capital continues to enter Vietnam
Foreign investors are helping local insurers to develop better strategies and risk management.
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- October 6 2015
Financial fundamentals of Taiwan’s insurers still sound
The FSC has responded to an IMF warning about potential liquidity risks in global markets.
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- October 6 2015
Bangladesh insurers warned on money laundering
IDRA says insurers need to do more to stop money laundering and terrorist financing.
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- October 5 2015
Cambodia urged to insure bank deposits
Cambodia and Myanmar are the only countries in Asean that do not insure deposits.
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- October 5 2015
Anbang Insurance tops bid to buy Fidelity Life
If successful, the deal will mark the Chinese insurer's first acquisition of a US competitor.
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- October 5 2015
Quake insurance could rise by up to 50% in Japan
Japanese nonlife insurers plan to raise quake insurance premium rates in 36 prefectures.
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- October 5 2015
ACE introduces insurance for PE, VC firms in Asia
The new product protects private equity and venture capital firms in Hong Kong and Singapore.
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- October 2 2015
China, Switzerland sign social insurance deal
Workers are now exempted from mandatory social insurance contributions.
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- October 2 2015
UAE firm acquires Singapore unit of Zurich Life
Nexus Investment will be one of the largest advisory firms in Singapore following the acquisition.
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- October 2 2015
Dai-ichi Life, Mizuho integrate asset management units
The two firms will have AUM of US$449 billion, creating one of Asia's biggest asset managers.
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- October 2 2015
Imported luxury cars pose liability risk in Korea
A consumer group has called for a cap on insurance payments on expensive imported cars.
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- October 1 2015
Japan’s Nippon Life mulls hiking stake in India
Japan's biggest life insurer by assets is planning to increase its stake in Reliance Life.
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- October 1 2015
China’s insurance premium growth slowing
CIRC data shows growth slowed to 19.5% during the first eight months of the year.
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- October 1 2015
Contamination in Tianjin to push up cost to insurers
Chemical contamination in the Chinese port of Tianjin is likely to add to the total losses.
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- September 30 2015
Korea amends insurance rule for foreign workers
Foreign workers must now wait three months before they can apply for health insurance.
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- September 30 2015
China removes life insurance interest-rate cap
The new policy will return pricing power to insurers and encourage market-based products.
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- September 30 2015
More challenges ahead for Malaysian insurers
A weakening ringgit, new sales tax and low oil prices will continue to affect consumer sentiment.
