Country: East Asia Page 177 / 215
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- December 21 2016
Chinese insurer Zhongan scraps HK IPO plan
Instead, the insurer, which has more than 400 million customers, is considering listing in mainland China.
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- December 20 2016
Hong Kong caps insurance purchases of Chinese residents
Authorities roll out a series of curbs to control insurance-related outflows.
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- December 19 2016
China warns insurers on failed self-inspections
CIRC has warned 10 companies that failed to properly undertake self-inspections on their risk levels.
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- December 19 2016
2016 disasters cost US$158bn, says Swiss Re
Insured losses rose by 30%, but covered less than a third of the costs incurred from catastrophes.
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- December 16 2016
China cracks down on “impure” insurers
CIRC will further limit single-investor shareholding in insurers and scrutinise funds used to buy stakes in insurers.
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- December 15 2016
CIRC to set news rules on leverage acquisitions
The Chinese regulator has denounced insurers' leveraged buying spree and announced tougher new rules.
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- December 14 2016
Japanese optional auto insurance premiums set to drop
Improvements in vehicle safety may be good for car owners in Japan, but not so good for insurers.
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- December 13 2016
AIA stresses quality over quantity
Productivity and protection policies have been the secret to why business in China has been so successful.
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- December 9 2016
Taiwan premiums set to break record
Total premium payments collected this during the first 10 months of this year is up by more than 6%.
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- December 7 2016
Liberty Mutual agrees to acquire Ironshore for US$3b
The specialty insurer is being sold by Chinese conglomerate Fosun, which had been considering an IPO.
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- December 7 2016
Stable outlook for Japanese life industry, says Moody’s
After a protracted period of low interest rates, the ratings has agency changed its outlook from negative to stable.
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- December 2 2016
Hong Kong’s popularity grows for mainland insurance buyers
The city remains a top attraction for wealthy Chinese who want to get their cash out of the country.
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- December 2 2016
China cracks down on trophy acquisitions
Plans to rein in the country's overseas shopping spree are likely to affect acquisitive Chinese insurers.
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- December 2 2016
Mainlanders’ spending on HK insurance doubles
A total of US$6.3b was spent on Hong Kong insurance products during the first nine months of the year.
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- November 30 2016
Japan's employment insurance premiums to hit record low
The government is bent on cutting premiums to spur personal consumption and corporate spending.
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- November 30 2016
Japan’s quake cover remains low
Penetration rates remain surprisingly low despite being one of the most seismically active countries in the world.
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- November 29 2016
Taiwan life firms post decline in earnings
Aggregate earnings dropped by NT$46.2b (US$1.45b) to NT$95.9b during the first 10 months of the year.
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- November 28 2016
Korea to enforce stricter monitoring on insurers
Unfair and irregular sales activities will be targeted, with plans to impose sanctions against violating insurers.
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- November 28 2016
Macau life insurance market expands by more than 50%
The popularity of life products helped the city's insurance sector surge during the first three quarters of this year.
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- November 28 2016
Anbang to offer international bond to fund more acquisitions
It remains unclear how much the Chinese company is seeking to raise through the offering.
