Country: East Asia Page 161 / 215
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- November 21 2017
New shipowners’ insurance launched in Hong Kong
The Hong Kong China War Risk Syndicate covers marine hulls for acts of war, piracy and other potential dangers.
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- November 21 2017
Life insurers to benefit from China’s eased restrictions
The decision to ease restrictions on foreign ownership of financial firms is expected to attract more investment.
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- November 20 2017
Korean insurers ask for government help on earthquake risk
Insurers say earthquake policies will not be profitable unless the government shares a bigger financial burden.
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- November 17 2017
AIA launches HK’s first blockchain-enabled bancassurance
The technology will cut the time it takes to process insurance applications while improving transparency.
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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.
