Country: East Asia Page 172 / 221
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- August 23 2017
Japan Post additional sell-down likely delayed
The government may have to wait until 2018 to further sell down its stake if price remains weak.
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- August 21 2017
Jack Ma-backed firm eyes Asian unit of MassMutual
A consortium led by Yunfeng Financial Group has expressed interest to pay about US$1.7bn for the business.
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- August 21 2017
Ping An registers best half-year profit in a decade
The results were driven by strong growth in life premiums and came despite a government crackdown on the industry.
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- August 17 2017
Euler Hermes names senior executives to lead expansion
The trade credit insurer has appointed Clemens Philippi as CEO for Asean and Benoit Ganzmann as CEO for China.
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- August 16 2017
Korean insurers post 28.3% profit rise
Results for the first half of this year reflect robust dividend income growth and a drop in the loss ratio, said the FSS.
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- August 16 2017
MS&AD to spend US$401m for stake in Challenger
The Japanese group will acquire a 6%-plus interest in the leading player in Australia's superannuation industry.
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- August 15 2017
Asian insurance sector’s embedded value up 15.3%
China and Hong Kong seen as the main drivers, according to a survey from global consulting firm Milliman.
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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.
