Country: East Asia Page 155 / 211
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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.
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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.