Country: East Asia Page 153 / 211
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- March 8 2018
China’s premium income up 18% in 2017
The growth comes despite regulators' strengthened efforts to reduce risk-taking in the sector.
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- March 7 2018
Korean insurers turn to hybrid securities to boost capital
The issuance comes ahead of the introduction of the new global accounting and stricter local capital standards.
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- March 7 2018
Hong Kong lawmakers to tackle policyholder protection bill
Legislators aim to establish two compensation funds to protect against insurance firm bankruptcies.
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- March 6 2018
Korean insurers ask to postpone new capital standards
The K-Insurance Capital Standards are posing a heavy burden on the country's insurance industry.
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- March 5 2018
Nippon Life eyes majority stake in MassMutual for US$980m
The 85% stake will add a bigger branch network to the Japanese insurer's traditional female agency force.
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- March 2 2018
Nationalising Anbang
The Chinese government’s takeover of the troubled insurer has raised questions about industry oversight.
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- March 2 2018
Chinese banking, insurance regulators may merge
The country is weighing plans to combine financial watchdogs to bring enhance oversight of the sector.
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- March 1 2018
AIA targets China’s hinterland provinces
Relaxed regulations on foreign ownership of financial entities is opening the door to smaller provincial markets.
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- March 1 2018
Allianz gets regulatory nod for sale of Taiwan portfolio
The insurer hopes to sell more than 78,000 life policies to Taipei-based China Life Insurance.
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- February 28 2018
AIA’s boosts new business by 28%
The company said that the growth was due to sustained demand in its core markets of Hong Kong and China.
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- February 28 2018
Anbang says it supports government’s takeover
A spokesman has said that the insurer back CIRC’s move to take control of the company for one year.
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- February 27 2018
Three Chinese insurers sanctioned for foreign investment breaches
China Re Asset Management, China Life and Ping An Insurance violated regulations on investable countries.
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- February 26 2018
Chinese government takes over Anbang Insurance
The state is taking temporary control of the insurer and prosecuting its founder over allegations of fraud.
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- February 26 2018
Willis Towers Watson appoints new Hong Kong leadership
Ex-Sun Life Hong Kong CEO Roger Steel becomes managing director for Hong Kong and Macau.
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- February 23 2018
China mulls share ownership limit
CIRC is planning several new measures to limit the ownership of single shareholders in insurers.
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- February 22 2018
Taiwan insurers urged to fund public projects
Insurers have been urged tap into their funds to help support national infrastructure and development projects.
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- February 22 2018
Risk culture still lacking in Asia – EY
Less than half of insurers across the region have developed a risk culture or risk conduct framework.
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- February 20 2018
China’s public insurance adjusters to see more scrutiny
CIRC has said public insurance regulators should be organised as either partnerships or corporations.
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- February 19 2018
China’s Rongfeng asked to justify plan to buy stake in Greek insurer
Doubts emerge it may not have the capacity to engage in the deal with Ethniki Hellenic General Insurance
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- February 15 2018
Peak Re says goodbye to IFC
Prudential Financial has acquired IFC's shareholding as the business outgrows its original emerging-market remit.
