Country: East Asia Page 161 / 221
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- April 12 2018
Sompo International creates retail platform for global integration
The group envisions bringing all its international businesses outside Japan under the ownership of one unit by 2020.
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- April 12 2018
Prudential to increase investment in China
The company is aiming to boost its product coverage and sales distribution in the country.
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- April 11 2018
PICC eyes Shanghai listing
The parent of China’s biggest non-life insurer is planning a secondary listing to raise over Rmb10bn in fresh capital.
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- April 11 2018
China to speed up insurance industry opening
President Xi Jinping said the country will accelerate liberalisation and significantly broaden market access.
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- April 6 2018
Anbang’s rehab
The Chinese government has injected US$9.65bn into the troubled company, while its former chairman admits charges.
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- April 6 2018
Farglory Life fined over corporate governance breach
Taiwan’s regulator has imposed the penalty for corporate governance breaches on a series of real estate projects.
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- April 6 2018
US broker Alliant targets Asia expansion
The move is a consequence of its acquisition of Dumortier Risk Management, which has ties to Taiwan and China.
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- April 5 2018
China injects US$9.7bn into Anbang
The capital injection is aimed at ensuring the solvency and stability of the group.
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- April 5 2018
China’s premium income falls 18.5%
The year-on-year decline happened in the January-February period.
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- April 5 2018
China’s new regulator appoints seven vice-chairmen
The Chinese government has added staff to the newly merged banking and insurance watchdog.
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- April 1 2018
Former Anbang chairman no longer contests charges
Wu Xiaohui appeared to change his stance and requested leniency in his closing statement.
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- March 29 2018
Fubon Life to become Hyundai Life’s largest shareholder
The Taiwanese life insurance company is set to take up the forfeited options of Hyundai Mobis.
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- March 29 2018
Anbang’s Wu Xiaohui goes on trial in China
The proceedings come a year after he was detained on accusations of fraudulently raising Rmb65bn.
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- March 27 2018
China’s low penetration an opportunity for global insurers
Manulife president and CEO Roy Gori sees great potential as the country rolls back foreign ownership caps.
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- March 26 2018
Fosun advances plan to buy Greek insurer
The Chinese group has formally expressed interest in buying Greece’s leading insurance firm, Ethniki.
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- March 26 2018
China Life net profit soars 68%
Earnings of more than US$5bn in 2017 were driven by its exclusive individual agent channel.
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- March 23 2018
Japan cat pricing unmoved
Last year’s huge nat-cat losses in the US do not appear to be pushing prices up in Asia.
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- March 23 2018
Ping An plans spinoff and listing of four unicorns
Ping An Good Doctor and Lufax are among the startups being slated for initial public offerings.
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- March 23 2018
Six Japanese life insurers consolidate pension businesses
The move is aimed at combatting the effects of the government’s persistent, low interest rate policy.
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- March 23 2018
Guo Shuqing named head of China’s merged regulator
The former banking regulator is set to take over the new combined banking and insurance watchdog.
