Country: East Asia Page 133 / 215
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- August 22 2019
Fresh Japan Post policy scandal linked to Aflac
A failure to update the customer data management system could be to blame for double charging and underinsurance.
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- August 20 2019
MS&AD receives Challenger stake and board approval
The Japanese giant owns 16% of the Australian annuity firm and will gain a seat on the board.
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- August 19 2019
Ping An backs Hong Kong as profits increase 68%
The Chinese insurer has five entities in the city which is being hampered by protests.
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- August 16 2019
Pru’s Hong Kong move
Prudential will be overseen by Hong Kong's regulator.
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- August 16 2019
Typhoon Lekima to cost market US$855m
The storm could be the second most expensive ever in China and result in US$7.4bn of economic damage.
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- August 15 2019
Blackstone aiming buyback of Anbang’s Japan property
US private equity player wants residential buildings to hedge against a downturn.
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- August 15 2019
Aflac to delist from the Tokyo Stock Exchange
US giant to leave the exchange after over 30 years.
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- August 14 2019
Clarity needed to boost Asia’s business confidence
The Hong Kong protests have created another level of uncertainty but pan-regional insurers are well placed.
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- August 14 2019
South Korean firm could buy Anbang’s hotels: report
The Mirae Asset Financial Group is understood to be in pole position for a US$5.5bn US luxury hotel group.
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- August 12 2019
Will Aviva be the next UK firm to exit Asia?
The UK giant could simplify its operations and reinvest elsewhere but lose out on the next phase of a key growth region.
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- August 12 2019
30 dead and billions in losses as typhoon slams China
Economic losses from Typhoon Lekima amount to at least US$2bn.
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- August 9 2019
Taiwan considers life support
A new proposal could force the island’s life insurers to raise equity capital.
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- August 9 2019
Well Link enters Hong Kong life market
The smaller Hong Kong player has entered the crowded life sector.
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- August 9 2019
Super Typhoon Lekima threatens China and Taiwan
Claims professionals will on high alert as businesses shutter in Taiwan and the storm could even hit Shanghai.
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- August 7 2019
PBOC shows regulatory teeth to non-financial firms
A holding company license rule from the People’s Bank of China could help prevent contagion risk.
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- August 7 2019
Japan’s majors to raise motor rates
The 3% rise will come as claims inflation is set to rise in the country.
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- August 6 2019
No-deal Brexit could benefit Hong Kong and Singapore
The scenario could see insurers and reinsurers relocate business to Asia, according to an EY survey.
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- August 5 2019
Will storm pilot help Macau’s SMEs?
The Monetary Authority of Macau has teamed up with five insurers and a reinsurer to help protect SMEs from powerful typhoons and storm surges.
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- August 5 2019
Munich Re’s Steven Chang becomes Greater China CEO
The senior exec helped establish the reinsurer's China operations in 2007.
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- August 2 2019
Aviva examining sale of Asian operations: report
The UK firm has a portfolio across six Asian countries which could be worth as much as US$2bn.
