Country: East Asia Page 177 / 211
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- October 12 2016
Koreans spend W100tn on social insurance
Costs last year increased 6.3% from the preceding year, according to the Korea Employers Federation.
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- October 10 2016
New payback scheme for savings insurance in South Korea
New scheme begins with completion of insurance premium payment.
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- October 10 2016
Berkshire Hathaway enters Macau market
The new office will add to BHSI’s regional presence in Singapore and Hong Kong.
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- October 10 2016
Dai-ichi looks to acquire local rivals as industry returns plummet
Japanese life giant looks to acquire local competitors.
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- October 7 2016
Insurer powers Formula E debut in Hong Kong
The data-crunching expertise of an insurance company will be helping two of the Formula E cars in Hong Kong this weekend.
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- October 7 2016
NN Life Japan and Sumitomo Life sign collaboration deal
The two Japanese insurers have agreed to work together to target small and medium-sized enterprises.
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- October 7 2016
Zhong An hires three banks for Hong Kong IPO
The Chinese internet insurer has hired Credit Suisse, JP Morgan and UBS to help it go public in Hong Kong.
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- October 6 2016
Qianhai Authority will pay close to US$1b for ACR Capital
State-owned buyers see the deal as a way to develop Shenzhen Qianhai into a reinsurance hub.
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- October 4 2016
China vows to improve health insurance system
The government aims to head off a public health crisis caused by its ageing population.
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- October 4 2016
Japan plans free-trade insurance for farmers
Authorities are negotiating a deal to help cushion farmers from the effects of the Trans Pacific Partnership.
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- October 4 2016
Japan Post Insurance launches alternative investments division
The division will explore investment opportunities amid the country's persistent negative rate environment.
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- October 3 2016
Typhoon Meranti losses could hit US$650m in China
Intense rains and damaging winds caused widespread power outages, flooding and disrupted water supplies.
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- September 30 2016
Transparency issues hinder Chinese expansion abroad
In the hunt for potential deals in the US, it is easier for Japanese insurers than their Chinese counterparts.
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- September 29 2016
Sompo trials blockchain technology
The Japan-based insurer has been testing the technology for its catastrophe and weather-linked derivative transactions.
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- September 29 2016
At least 200 firms seek insurance licence in China
Investors ranging from garment makers to liquor firms have expressed their intention to enter the industry.
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- September 27 2016
Munich Re scales back HK office, expands in Beijing
The reinsurer also intends to expand its office in Singapore as part of an effort to reorganise its business.
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- September 26 2016
XL Catlin appoints HK insurance head
Jamie Chambers has been appointed as country manager for the firm's Hong Kong insurance business.
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- September 23 2016
Brokers and insurers in HK urged to use fintech
The government of Hong Kong wants the industry to compete better with foreign rivals such as Singapore.
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- September 23 2016
Chinese life firms see dip in solvency ratios
China’s new risk-based capital rules have led to a declining solvency trend, according to Moody’s.
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- September 22 2016
Captives set to flourish in China
With authorities determined to achieve ambitious insurance growth targets, captives and mutuals are expected to flourish.
