Country: East Asia Page 159 / 211
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- October 24 2017
Anbang resumes sale of high-yield products
Experts say government regulators must have extended a new lease on the group’s operations.
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- October 23 2017
AIA’s value of new business hits projections, grows 20%
The performance comes after robust growth in China that made up for slower sales through IFAs in Hong Kong.
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- October 20 2017
Allianz to sell part of life insurance business in Taiwan
The German insurance group has agreed to sell a portfolio of 78,000 policies to China Life.
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- October 19 2017
John Leung warns of ‘grey rhinos’
CEO of Hong Kong’s Insurance Authority warns the city’s industry that it faces challenges in 2018.
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- October 18 2017
Yunfeng’s MassMutual acquisition to take another year
It could take at least one year for the Chinese group to complete its US$1.7 billion acquisition.
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- October 18 2017
Mitsui Sumitomo to invest more in foreign bonds, ETFs
The Japanese insurance company intends to increase investment in higher-risk assets by as much as US$268m.
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- October 17 2017
AIG launches Hong Kong cyber products
The insurer is targeting cyber insurance growth as policy requests rise 87% following WannaCry and NotPetya cyber attacks.
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- October 16 2017
AIA, Bangkok Bank renew bancassurance deal
The Hong Kong-based insurer has extended its agreement with the Thai bank for a further 15 years.
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- October 16 2017
Tencent-backed insurance agency gets approval
Weimin got the green light to begin operations from the China Insurance Regulatory Commission.
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- October 16 2017
Aviva exits Taiwan
The British-headquartered insurer has decided to sell its stake in a local joint venture with First Financial.
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- October 13 2017
Games, trains and electricity
What institutional investors are looking at ahead of China’s next five-year plan.
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- October 13 2017
Five Chinese insurers barred from financing parent companies
The move is part of a government effort to curb funding for some of the nation’s most aggressive asset acquirers.
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- October 13 2017
Drastic changes ahead in China’s insurance sector
The government plans to implement changes in policies, environment and technology, according to CIRC.
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- October 12 2017
HK regulator to fast track online-only insurers
Companies applying to operate online-only insurance firms in Hong Kong can expect faster processing of their applications.
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- October 12 2017
China revises rules on securities insurance
A new regulation is in place starting Tuesday that will give insurance funds priority to subscribe to new shares offline.
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- October 11 2017
China insurers’ premium income up 20.45%
CIRC attributed the steady growth of premium income during August to improved regulations and risk protection.
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- October 11 2017
UN warns of more destructive disasters in Asia
The warning comes from the UN's Economic and Social Commission for Asia and the Pacific.
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- October 9 2017
MS&AD buys 15% stake in ReAssure
The group has agreed to pay Swiss Re £800m (US$1.05bn) for its investment in the UK-based closed-book life insurer.
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- October 6 2017
Nippon Life to buy MassMutual Japan for up to US$1.77bn
If the deal pushes through, it will be the first consolidation in the Japanese life insurance market since 2015.
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- October 5 2017
Japanese life insurers seek to acquire global asset managers
Challenging returns at home prompt Japanese majors to seek opportunities and expertise abroad.