Country: East Asia Page 174 / 205
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- August 25 2016
China’s reinsurance market to reach US$198bn by 2020
As the market grows, reinsurance premiums are expected to increase at a rate of 10% to 15% over the next few years.
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- August 24 2016
Dai-ichi’s subsidiary to acquire US Warranty Corp
The US$127m acquisition of the asset protection specialist is expected to conclude as early as this year.
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- August 24 2016
Taikang aims for public listing in three years
The group will first consolidate its structure and lay out a clear strategy for the future.
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- August 23 2016
Korea Deposit Insurance seeks Woori Bank buyers
The government is attempting to dispose of the controlling stake in the bank for the fifth time.
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- August 22 2016
Samsung Life to buy bigger stake in Samsung Securities
The Korean insurer is set to buy the 8% stake from its affiliate, Samsung Fire & Marine, it said in a statement.
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- August 19 2016
How Ping An is crushing the competition
The group comfortably beat analyst estimates with its first-half results announced this week, delivering profit growth of 17.7%.
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- August 19 2016
Growth in Hong Kong life sector slowing
Weak domestic demand and new regulations in China are beginning to curb expansion.
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- August 19 2016
Japanese life firms want independent oversight
Key players in the industry are urging corporate Japan to strengthen oversight by outside investors.
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- August 18 2016
Chinese insurers urged to list on OTC stock market
CIRC is promoting a new national over-the-counter market to exchange equity shares in non-public firms.
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- August 17 2016
Manulife-Sinochem banks on digitalisation
The company's new strategy is no longer just about numbers, but personal engagement with customers.
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- August 17 2016
China Life to issue second hybrid security
The mainland life insurer's second US dollar subordinated bond could come as early as next month.
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- August 16 2016
Insurers cater to Hong Kong’s ageing population
Hongkongers are the longest-lived people in the world and some insurers are catering to this ageing population.
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- August 16 2016
Profit drop for Ping An offset by banking arm
China’s second-largest insurer is expected to report a 3% decline in its profit for the first half.
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- August 15 2016
Japan’s life insurers see drop in income
A strong yen, gloomy stock market and negative interest rates are weighing on performance.
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- August 12 2016
Asian ports are world’s riskiest
Ports at Nagoya in Japan and Guangzhou in China pose the biggest risk of financial loss in the world.
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- August 12 2016
Korea’s life and non-life insurers suffer contrasting fates
Life firms have performed poorly because of the prolonged low-interest environment and economic slowdown.
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- August 11 2016
Taiwan revision on equity charges hurts risk profiles
The recent move to revise risk charges on local insurers’ equity positions is credit negative, says Moody’s.
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- August 10 2016
Japan urges better risk management over cross shareholdings
Waiting to be rescued by friendly companies is no way to deal with crises, warns Japanese industry body.
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- August 9 2016
Three new firms join domestic competition in China
Fosun United Health Insurance, Hetai and Aizin Life have been given the green light to launch.
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- August 8 2016
Only 2% of China flood losses covered by insurance
Economic losses from the recent Mei-Yu rainfall dwarfed the insurance claims, according to Aon Benfield.
