Country: East Asia Page 150 / 206
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- January 9 2018
Ping An value hits US$101bn in 2017
The stock of Ping An Insurance Group Co continues to soar, despite the lack of hype that insurers have as compared with tech companies.
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- January 5 2018
Sompo Holdings to buy Lexon units
The deal to acquire the second-biggest surety insurer in the US is estimated at up to US$266m.
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- January 5 2018
Zurich buys HK telematics startup Bright Box
The company provides smartphone-based cloud technology that links drivers, vehicles and automakers.
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- January 4 2018
Korea doubles number of insurance patents
The increase is credited in part to the implementation of IFRS17, which has helped to drive innovation.
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- January 3 2018
Life premiums in China to climb 15%
Increasing household income and growing awareness of risk management are driving interest in coverage.
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- January 3 2018
Assets held by Korean insurers top W1,000tn
The total is broken down into W782.1tn in assets controlled by life insurers and over W252tn by non-life firms.
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- December 22 2017
AIMA, IAMAC sign insurance collaboration agreement
Among the areas being looked at for collaboration are educational programmes and joint events.
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- December 21 2017
Taiwan insurers urged to invest more in infrastructure projects
The message is part of efforts to increase private investment in government-led projects
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- December 20 2017
AIR Worldwide partners with PICC Re
The Chinese reinsurance arm of PICC has already received regulatory approval for the partnership.
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- December 19 2017
Low-rated insurers to face curbs in China
Affected companies will face restrictions from the regulator, the official Xinhua news agency reports.
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- December 18 2017
Manulife ties up with Agricultural Bank of China
The agreement indicates that they will explore financial solution distribution opportunities in the country.
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- December 14 2017
China considers revising insurance security fund rules
The move will allow the fund to provide necessary liquidity support to insurers in case of crisis.
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- December 14 2017
Ping An life insurance premium income up 34%
Increased sales of individual policies have helped to spur growth for China's second-biggest insurer.
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- December 12 2017
Ping An on the hunt for more tech investment abroad
The company's innovation drive includes a facial recognition app that can spot lying borrowers.
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- December 12 2017
ZhongAn teams with Sinolink to expand overseas
China's first online insurer has partnered with the Hong Kong-listed investment holding company.
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- December 8 2017
ZhongAn takes inspiration from Ping An on insurtech
China’s first and largest online-only issuer says the market is big enough to support both companies' ambitions.
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- December 7 2017
Vision Fund eyes investing in Chinese insurer Ping An
The fund is in discussions to invest in three firms Lufax, OneConnect or Ping An Good Doctor.
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- December 6 2017
Taiwan Financial approved to inject new capital in insurance unit
The Taiwanese financial group has proposed adding US$330m of capital into Bank Taiwan Life Insurance.
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- December 5 2017
Eight Korean insurers tap online-only bank
K Bank has released 20 savings and protection "mobilessurance" policies through a mobile app.
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- December 5 2017
Nippon Life to buy 24.75% stake in TWC Group
The Japanese insurer will acquire 24.75% of the US investment firm from Carlyle for an estimated US$488m.
