Country: East Asia Page 154 / 211
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- February 14 2018
Rising demand for IPO legal insurance in Hong Kong
New stock market listing rules are set to boost sales for legal insurance to cover liabilities from initial public offerings.
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- February 14 2018
Chinese regulator puts cap on insurers’ overseas financing
The China Insurance Regulatory Commission has limited foreign borrowing to 20% of an insurer's net assets.
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- February 13 2018
China Life reportedly acquiring AMP’s life assets for US$3bn
A possible deal to buy the troubled life insurance assets could be announced in May, according to reports.
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- February 13 2018
XL Catlin appoints China country manager
Phil Xue joins from Guy Carpenter to take up role of chief executive officer of XL Insurance (China).
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- February 12 2018
Samsung names new CEOs for insurance units
Samsung Life Insurance and Samsung Fire & Marine Insurance have new leaders after the resignation of the previous heads.
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- February 12 2018
China, India priority markets for UK insurers after Brexit
The Association of British Insurers has said the two nations will be key targets after departure from the EU in 2019.
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- February 9 2018
Open for business?
Chinese acquirers are watching Oceanwide’s revived attempt to buy US insurer Genworth with interest.
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- February 9 2018
Korean insurers post higher profits in 2017
The improvement is driven by hefty gains on investment coupled with a rise in interest rates.
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- February 9 2018
China’s Sina to venture into internet insurance
The tech firm follows in the footsteps of the country's big three internet players Alibaba, Tencent and Baidu.
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- February 9 2018
Manulife Hong Kong reports strong 2017 growth
The healthy premium sales were a result of strong market demand for insurance and wealth products.
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- February 8 2018
Genworth, China Oceanwide refile acquisition plan
The company is seeking financing as it aims to address maturing debt of about US$600 million.
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- February 6 2018
Ping An Insurance’s units raise US$2.2bn in private financing
Investors in the three tech units included SoftBank, which placed US$400m with Ping An Good Doctor.
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- February 6 2018
FWD Group appoints Ken Lau for Greater China role
He joins from Union Life and will lead FWD in Hong Kong and Macau, and oversee expansion in Greater China.
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- February 2 2018
Rakuten takes on Japan’s big three
The Japanese e-tailer’s acquisition of Asahi Fire & Marine shows how tech players are set to disrupt.
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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.
