Country: East Asia Page 156 / 210
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- November 17 2017
Asia drives Prudential’s new-business profit
Higher sales volumes and a boost from higher interest rates have driven results so far this year.
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- November 16 2017
Moody’s welcomes China’s removal of foreign ownership cap
The new regime is credit positive for both foreign and domestic life insurers, says the rating agency.
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- November 15 2017
HK to collect levy from insurance policyholders
The Insurance Authority will start at 0.04% during the first phase and will gradually increase.
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- November 14 2017
Huaxia Life raises stake in China Minsheng Bank
Although its owner is believed to be detained by mainland authorities, the insurer continues to make investments.
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- November 13 2017
Peak Re wins MAS authorisation
The company has been authorised as a life and general reinsurer by the Monetary Authority of Singapore.
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- November 13 2017
Chinese internet-only insurers still register losses
The profits of China’s four online-based insurers saw a rise in premium income, but still ended up registering a loss.
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- November 10 2017
Chinese insurers post lower premium income growth
A crackdown on insurance companies' risky and aggressive investment behaviour has taken a toll.
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- November 10 2017
Chinese app to acquire insurance broker
Toutio, a Chinese news app, is poised to be the latest Chinese media platform looking to get into fintech.
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- November 9 2017
Allianz opens Beijing branch
The office will provide commercial and consumer P&C solutions to customers in the Chinese capital.
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- November 8 2017
Korean official warns interest rate hike could disrupt insurers
FSC vice-chairman Kim Yong-beom made the pronouncement ahead of the Bank of Korea's plan to raise its key rate.
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- November 7 2017
Willis Towers Watson hires North Asia P&C consulting lead
Evariste Yeung will head up property and casualty insurance consulting across the region.
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- November 6 2017
China Life to boost global exposure
The Chinese insurer plans to be more visible internationally as it expands its overseas presence.
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- November 6 2017
L&G targets Japanese market
Britain's Legal & General is set to offer company pension scheme insurance and investment management.
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- November 3 2017
The times are not a-changing
Economy outlook: the Fed’s new governor signals policy continuity, while Japan and China also pursue more of the same.
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- November 3 2017
HK regulator keen to encourage insurtech
The Insurance Authority has called for innovations that will help to cut premiums paid by customers.
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- November 2 2017
CDFHC expects gains after Taiwan insurer acquisition
Development Financial Holding Corp says it is expecting “synergistic gains” after gaining a foothold in the Taiwanese market.
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- November 2 2017
Aioi Nissay Dowa to relocate UK subsidiary post Brexit
It unveils plans to move one of its subsidiaries from London to Luxembourg after Britain’s exit from the EU.
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- October 31 2017
ZhongAn Online to apply AI to improve service
China's first online-only insurance firm says that it plans to deploy artificial intelligence to improve its offering.
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- October 31 2017
Chinese broker set to list on Shenzhen SME board
Jiang Tai Insurance Brokers said it would float its shares on the board by the second half of 2018.
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- October 30 2017
China Life profit grows 365%
Earnings have been buoyed by a leap in investment income amid an increasing stock market and robust premiums.
