Country: East Asia Page 149 / 206
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- February 1 2018
Operating cash flow of China’s insurers drops 65% in 2017
The decline is attributed to the intensified and widespread crackdown on risks and foul play in the sector.
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- January 31 2018
Korea to increase number of online insurers
The regulator's aim is to lower barriers to entry and ramp up competition in the country's financial sector.
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- January 30 2018
Japan’s Rakuten to acquire Asahi Fire & Marine Insurance
The e-commerce group has confirmed that it is considering buying the insurer from Nomura.
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- January 30 2018
Chubb names Edward Ler country head for Korea
He replaces Edward Kopp, who was recently appointed country president for general insurance in Thailand.
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- January 30 2018
M&A activity among Hong Kong insurers to remain robust
M&A involving insurers in the city hit US$2.84bn in 2017 and growth is expected to continue this year.
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- January 29 2018
Nippon Life eyes more acquisitions
The company's new president says the strategy is driven by Japan’s shrinking population and low interest rates.
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- January 29 2018
SoftBank eyes backing Indian insurance startup
PolicyBazaar, an online insurance aggregator, was valued at US$500m during its last funding round.
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- January 26 2018
Shimizu expected to become Nippon Life president
Hiroshi Shimizu is the company's current director and senior managing executive officer.
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- January 24 2018
Chinese insurers post 29.7% profit growth in 2017
Despite increasingly tough regulation, Chinese insurers continue to deliver double-digit profit growth.
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- January 24 2018
MetLife mulls sale of Hong Kong unit
The New York-based insurer is following in the footsteps of global counterparts Axa and MassMutual in exiting the city.
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- January 23 2018
Chinese insurtech market attracting more players
A new generation of disruptors is emerging on the scene to compete in the vibrant and emerging insurance technology landscape.
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- January 23 2018
China urges insurance for belt-and-road initiative
Companies undertaking projects under the initiative are being told to take advantage of insurance to minimise risks.
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- January 22 2018
HK’s FTLife Insurance names new CEO
Gerard Yang, who joined FTLife in 2016, previously worked for MetLife and takes on the chief executive role.
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- January 22 2018
Ping An eyes spinning off four subsidiaries
The units include Lufax, China's biggest online wealth management platform, and Ping An Good Doctor, an online medical platform.
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- January 19 2018
Chinese crackdown on insurers intensifies
The China Insurance Regulatory Commission is aiming to stiffen regulation of insurers' shareholders.
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- January 17 2018
Ping An premium income surges 33.4% in 2017
Individual business growth fuelled the rise in the accumulated gross premium income of the life insurance business.
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- January 16 2018
Zurich officially pulls out of Taiwan
The Switzerland-based insurer has dissolved its local life insurance business after selling to Hotai Motor Co in 2016.
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- January 12 2018
Chinese insurers’ premium income up nearly 20%
The strong figures were achieved despite the authorities’ tightened regulation of the sector.
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- January 11 2018
China’s first tech insurer set for launch
Taiping Technology Insurance will be the first insurer to focus on the country's technology sector.
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- January 10 2018
Japan insurers shift to longevity plans
As the elderly population grows, companies are offering plans that accept customers up to 90 years of age.
