Country: East Asia Page 140 / 206
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- August 13 2018
Competition, low premiums pull down Korean auto insurance
The country's motor market saw a 1.2% contraction during the first half of the year.
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- August 10 2018
Ping An targets US$50bn+ Pru acquisition
Rumours about the potential acquisition came as a surprise to many, including the Pru.
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- August 10 2018
Ping An eyeing Pru’s Asia business
The Chinese insurer has reportedly already sought its government’s initial approval on the matter.
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- August 9 2018
China resumes inquiry into insurance officials
Close to 40 regulatory personnel have been under investigation since mid-July.
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- August 6 2018
Fubon Life fined for inadequate documentation
Poor record keeping of company business practices has resulted in fines of US$411,000 by the FSC.
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- August 3 2018
China’s solar challenge
Solar power poses a particularly tricky problem due to panel warranties that typically provide a 25-year guarantee.
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- August 3 2018
FWD considering Singapore IPO?
Hong Kong billionaire Richard Li is reportedly weighing the possibility of listing away from home.
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- August 3 2018
Stable outlook for China’s P&C insurers amid crackdown
The outlook is underpinned by regulatory measures that protect the industry from intensified motor insurance competition.
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- August 2 2018
China’s motor premium deregulation squeezes insurer margins
Fitch forecasts weaker underwriting margins due to deterioration in the claim ratio from the motor segment.
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- August 1 2018
Export credit insurance up in Belt and Road countries
Coverage by Sinosure grew 12.8% to reach US$290.36bn during the first half of the year.
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- August 1 2018
China gives preferential treatment to HK reinsurers
Qualified reinsurers in the city will benefit from a lower credit risk charge under C-ROSS.
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- July 31 2018
China Life fined US$103K for disclosure issues
China's central bank found the company guilty of disclosure-related issues.
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- July 30 2018
Cheung to replace Leung at Hong Kong’s Insurance Authority
John Leung to end CEO role in the middle of August.
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- July 26 2018
Fosun eyeing purchase of Belgian insurer Ageas
An offer for all or part of Belgian insurer is being proposed by the Guo Guangchang-backed group.
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- July 25 2018
Tata AIA Life CEO takes group distribution role in Hong Kong
Naveen Tahilyani is taking over as CEO, group partnership distribution, at AIA Group in Hong Kong.
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- July 23 2018
Samsung Life selling properties to rebalance assets
The move by the country's biggest life insurer comes as it responds to the planned introduction of IFRS 17.
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- July 20 2018
Sharing risk
Providing protection within the sharing economy is a thorny puzzle for insurers, but also a great opportunity — particularly in China.
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- July 20 2018
US tariffs could drive up cost of insurance
The US government’s trade war with China and the EU could drive up the cost of auto repairs.
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- July 18 2018
Anbang eyes sale of health insurance unit
Hexie Health Insurance could be the troubled company's next asset up for sale.
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- July 18 2018
Chinese insurers covered US$467tr in Jan-May period
However, CBIRC data showed that the sector's premium income fell 5.86% year on year.
