Country: Asia Page 450 / 461
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- July 20 2015
Japanese insurers seek overseas growth
With a shrinking population at home, Japanese insurers continue to pursue growth opportunities through overseas M&A.
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- July 20 2015
India fines public-sector insurers for rigging bids
The Competition Commission of India found four insurance firms guilty of rigging a tender in Kerala in 2009.
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- July 20 2015
Hong Kong’s top insurance bodies merge
IIHK and CII merger aimed at improving and strengthening standards in the city's insurance and financial services market.
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- July 20 2015
Typhoon Chan-hom claims predicted at US$350m
Insured losses are unlikely to exceed US$354.3m, according to AIR Worldwide's catastrophe risk modelling.
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- July 17 2015
Ageas seeks buyer for Hong Kong unit
Morgan Stanley is reportedly seeking bidders for a deal that could fetch more than US$1 billion.
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- July 17 2015
Skilled insurance brokers in demand in Singapore
A skills shortage in the Lion City is forcing insurers to look overseas for talented insurance specialists.
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- July 16 2015
Philippine insurers likely to hit US$4.4bn sales target
Sales growth likely to come from the country's non-life insurance sector, according to PhilNaRe.
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- July 16 2015
China Life posts record-high net income
China's largest life insurer posts a 103% rise in net income to NT$5.71 billion.
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- July 15 2015
‘No insurance, no entry’ for Chinese visiting Taiwan
Tourism bureau will require insurance that covers unexpected illnesses or injuries sustained while in Taiwan.
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- July 15 2015
Singapore mandates compareFIRST submissions
MAS will require all insurers in Singapore to submit information to new one-stop online portal.
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- July 15 2015
Guy Carpenter hails Panda bond as “historic”
Cat bond exemplifies the benefits of convergence between reinsurance and capital markets, says David Priebe.
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- July 15 2015
Peak Re appoints director for underwriting
Railovy Boyer will work with Peak Re’s underwriting, markets and analytics teams in Hong Kong.
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- July 14 2015
Japan curbs Venezuela trade insurance deals
Depressed oil prices have led to fears that the South American producer may not meet its obligations.
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- July 14 2015
S&P warns Chinese insurers of equity risks
Insurers should stay prudent after China's relaxation of regulatory limits on equity investments.
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- July 14 2015
PICC buys US$1.6bn stake in Fujian bank
The acquisition increases PICC's stake in Hong Kong-listed Industrial Bank Co to 14%.
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- July 13 2015
Allianz Malaysia lowers 2015 growth target
CEO Zakri Khir, however, tells reporters that the insurer continues to expect satisfactory growth for 2015.
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- July 13 2015
India may remove foreign investment cap
India could relax rules as insurance broking is not a "capital-intensive business", says government.
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- July 13 2015
Chinese insurers inject US$18bn of liquidity
Regulator increases the limits for insurers to invest in blue-chip stocks to prop up sky-high stock market valuations.
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- July 13 2015
Fosun completes Meadowbrook acquisition
US insurer will keep its headquarters in Michigan and continue to operate under the Meadowbrook brand.
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- July 10 2015
China’s insurers spend billions to buy shares as stock market tumbles
Purchasing spree comes after emergency rescue measures were launched to save the country's stock market from crashing.
