Country: East Asia Page 157 / 206
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- August 14 2017
Ping An to invest $1bn in tech R&D
The group will invest more on tech research and development this year, particularly in the field of artificial intelligence.
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- August 14 2017
Samsung Life posts 26% profit growth
The insurer added that its value of new business was W598.3 billion, up 6.5% over the same period.
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- August 11 2017
Japan’s major life groups post weaker revenues
A decline in premium income dragged down revenues of six of the country's seven leading life groups.
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- August 10 2017
Asia suffers US$10bn catastrophe losses in six weeks
The losses were recorded in July alone due to severe flooding, a catastrophe report from Aon says.
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- August 8 2017
Asian insurance M&A slumps by 40%
The decline is largely due to more stringent capital controls implemented in China, according to a study by Clyde & Co.
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- August 7 2017
Korean non-life insurers pressure to cut premiums
The big non-life firms raked in higher profits, but this has led to pressure on pricing.
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- August 7 2017
Aviva, Tencent to launch Hong Kong online insurer
The two companies are seeking regulatory approval to launch the disruptive startup.
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- August 4 2017
China’s asset dilemma
The investment patterns of Chinese life companies such as Anbang continue to raise concerns.
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- August 4 2017
China insurers’ profits up 10% in H1
Industry players raked in Rmb116.1bn during the first six months of the year.
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- August 3 2017
JLT joins HKMA’s infrastructure financing facilitation office
The partnership will aim to capitalise on China's Belt and Road initiative to promote connectivity and long-term development.
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- August 3 2017
Asian health insurance among world’s most expensive
Hong Kong, Singapore and China are among the top five most expensive locations for international health insurance.
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- August 2 2017
Hong Kong official wants insurers to share information
The call is aimed at addressing the challenge posed by the increasing number of fraud cases in the industry.
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- August 2 2017
China tells Anbang to sell overseas assets
The company has been urged to channel its overseas investments back to China and dispose of its offshore assets.
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- July 31 2017
AIA results boosted by HK and China
The strong results are the first to be reported under new group CEO Ng Keng Hooi.
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- July 31 2017
China to boost oversight on insurers’ ALM
Asset liability management practices will be the next area to face stricter supervision.
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- July 28 2017
Japanese life majors to cut foreign bond investment
Limited yields and yen risks have prompted a loss of appetite for overseas bond investments this year.
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- July 26 2017
Hong Kong exchange rejects AMTD’s insurance IPO
The prospectus was reportedly described as “substantially incomplete” and an attempted appeal ended in failure.
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- July 25 2017
Only 10% of Asian firms prepared for cyberattacks
Businesses in the region are ill-equipped against and not covered for cyber attacks, says QBE survey.
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- July 24 2017
China continues to rein in financial risks
Insurers in the country are now barred from offering credit products to companies for financing.
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- July 21 2017
Foresea Life to set up Communist Party committee
The move follows Xi Jinping's call for the enhancing of Party leadership in financial operations.
