Country: East Asia Page 171 / 213
-
- April 7 2017
Dai-ichi Life seeks higher market share in South-East Asia
The Japanese insurer has been aggressively pursuing business opportunities in the region.
-
- April 6 2017
Scor Global Life wins approval for Japan branch
The opening of the branch is part of a strategic plan to expand and deepen its franchise.
-
- April 5 2017
Fosun joins bid to buy Greek insurer
The Chinese insurer has submitted a binding offer for the insurance unit of National Bank of Greece.
-
- April 4 2017
New reporting standards to bring more investors to Korea
The introduction of IFRS 17 will make the country's insurers more comparable with global peers.
-
- April 4 2017
People’s Insurance Group of China hires new head
The Chinese insurer has hired Miao Jianmin, former chief of China Life, to be its chairman and president.
-
- April 3 2017
Aviva appoints CEO for China, Indonesia and Vietnam
Randy Lianggara, who joined from AXA last year, takes on a newly created role to drive growth in these key markets.
-
- March 31 2017
Manulife names Asia head as global president
Roy Gori, the former Citi banker who joined the Canadian insurer just two years ago, has been appointed global president.
-
- March 30 2017
Chinese JV acquires Standard Life Asia
Heng An Standard Life Insurance has acquired the Hong Kong arm of British insurer Standard Life.
-
- March 29 2017
Japanese life insurers likely to cut premiums next year
With longer life expectancy in Japan, life insurers in the country are expected to reduce premiums by 5–10% beginning 2018.
-
- March 27 2017
China’s first tech insurer to launch by 2020
Enterprises affiliated with the China Academy of Sciences are sponsoring the establishment of China’s first tech insurance company.
-
- March 27 2017
China Life profit declines 45% in 2016
Chairman Yang Mingsheng said the performance was due to a decline in gross investment income.
-
- March 27 2017
Chubb appoints Hong Kong life head
Michael Ho joins from Prudential as head of life insurance division Chubb Life in Hong Kong.
-
- March 24 2017
Ping An profit up 15% in 2016
China’s biggest insurer reported strong performance in 2016 thanks to improved sales and a gain from restructuring.
-
- March 24 2017
China orders insurers to submit bond transaction report
The move is part of the insurance regulator’s move to tighten scrutiny as it becomes increasingly alert to risks.
-
- March 23 2017
Disappointing results forecast for China’s big insurers
Analysts say the lacklustre year was due to fierce competition, depressed returns and reserves top-ups.
-
- March 22 2017
Hong Kong Life sold for US$914m
First Origin International, a Hong Kong-based investment firm, has paid HK$7.1b for the city's 10th-biggest insurer.
-
- March 21 2017
China leads global insurance growth in 2016
Initial projections show that the Asian economic powerhouse contributed nearly half of the world insurance market.
-
- March 21 2017
Taiwan market set to lose up to US$4.9bn
The Taiwanese dollar’s appreciation and insurers’ foreign investment exposure could take a toll on the industry.
-
- March 20 2017
Regulator lowers punishment against CEOs of Korean insurers
FSS says the penalty against the CEOs is now a precautionary warning, or a notch lower than the one previously announced.
-
- March 20 2017
Global M&A activity at lowest level in three years
However, Asian transactions were still robust, with 12 of the top 20 deals by value in 2016 involving an Asian insurer.
