Country: Asia Page 455 / 481
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- December 2 2015
Zurich withdraws Singapore life insurance business
The Swiss insurer stopped writing new business in Singapore on Tuesday to streamline its business.
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- December 2 2015
AXA ups it stake in Indian joint ventures
The French insurer has raised its stake to 49% in both its life and general insurance JVs with Bharti.
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- December 1 2015
China Life completes London property acquisition
The Chinese insurer has acquired a 40% interest in 99 Bishopsgate, a premium office building.
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- December 1 2015
Nippon Life plans to launch Japan’s largest Reit
The trust will target a 4% return, aimed at large Japanese investors such as pension funds and banks.
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- December 1 2015
Taikang mulls US$16bn investment in Chinese elderly care
The Chinese insurer is planning to increase its investment in the sector during the next five years.
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- November 30 2015
China’s top court moves to protect insurance consumers
An increase in disputes in China's insurance industry has prompted a new judicial interpretation.
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- November 30 2015
Rapid growth of China’s agency force gives rise to concerns
Chinese insurers are hiring an army of sales agents, prompting warnings about mis-selling.
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- November 30 2015
Fubon Life set to acquire London building for US$715m
The Taiwanese insurer continues to snap up London properties as it seeks to diversify its portfolio.
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- November 27 2015
Chinese insurers’ overseas real estate splurge continues
DTZ/Cushman & Wakefield says that Chinese insurers will spend US$73bn on overseas properties in the next five years.
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- November 27 2015
Indonesia growth to continue despite slowdown
Growth will be buoyed by the country's low penetration rate, improving risk awareness and rising population and affluence.
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- November 27 2015
Sompo sets up reinsurance unit in Zurich
The Japanese insurer has set up a reinsurance company in Switzerland under its wholly owned subsidiary Canopius.
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- November 26 2015
Korean online insurance supermarket to launch next week
The Insurance Damoa website will let customers compare different insurance plans online.
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- November 26 2015
Taiwan trims yield requirement for property investments
The FSC has cut insurers' mandated yield from domestic commercial real estate to 2.555%.
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- November 26 2015
Chinese investment in insurance industry set to continue
The sustained influx of Chinese capital is triggering competition among insurers around the world.
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- November 26 2015
Allianz teams with Baidu for online China JV
The new venture will offer a range of products, including travel, health and internet finance insurance.
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- November 25 2015
Manulife completes US$1bn fundraising
The 12-year subordinate bonds pay a coupon of 3.181% and are guaranteed by Manulife Financial.
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- November 25 2015
Malaysia’s AmGeneral mulls takaful expansion
AmBank chairman Azman Hashim says the group's insurance unit is looking into a takaful licence.
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- November 25 2015
Sichuan province launches earthquake insurance trial
Under the plan, the provincial government will subsidise 60% of the insurance fees for most residents.
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- November 24 2015
Evergrande buys stake in Chinese insurance JV
The Chinese property developer will pay US$617m for a 50% stake in Great Eastern Life Assurance (China).
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- November 24 2015
Fosun completes Ironshore acquisition
The Shanghai-based company has won approvals for the remaining 80% equity stake it didn't yet own.
