Country: East Asia Page 184 / 215
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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.
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- August 5 2016
Mirae Asset eyes PCA Life acquisition
The deal is part of the midsize life insurer's plan to become one of Korea's top-five life insurers, outranking ING Life.
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- August 5 2016
Sun Life HK to buy FWD Life’s Bermuda pension business
The two companies will also enter into an exclusive 15-year pension distribution agreement.
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- August 3 2016
Korean non-life profits recover in first half
The favourable performance has been credited to the easing of losses in the auto sector.
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- August 3 2016
Anbang’s plan to buy Allianz Korea still in limbo
The group hasn't applied for government approval, drawing speculation that the acquisition has stalled.
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- August 1 2016
China sells first quake policy
The country's first earthquake insurance policy was recently sold in Tangshan province.
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- August 1 2016
China insurance industry sees 54% drop in profits
The falling returns were largely due to the gloomy stock market, low interest rates and economic slowdown.
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- July 29 2016
Manulife and QBE enter distribution agreement
The products under the agreement cover travel, motor, home and employee compensation insurance.
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- July 29 2016
China calls for slowdown on global capital standards
Chinese insurance regulators have asked for a go-slow approach in developing international insurance capital standards.
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- July 29 2016
AIA Group posts record growth in new business
The largest independent publicly-listed pan-Asian life insurance group posted a record 37% growth in the first half.
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- July 28 2016
China begins checking on insurers’ bad practices
The country's insurance regulator is cracking down on insurers whose bad industry practices have gone unchecked.
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- July 28 2016
Korea’s KDB Life struggles for buyers
There seems to be no takers so far for the insurance unit of state-owned lender Korea Development Bank.
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- July 28 2016
Foresea Life likely to win bid for Asia Capital Re
The Chinese company, owned by Baoneng Group, is expected to win the bid for the Singapore-based reinsurer.
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- July 28 2016
Asian insurance markets face headwinds
But outlook remains positive as fundamental drivers of demand growth remain intact, at least for now.
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- July 27 2016
Hong Kong insurers defy asset slide
Insurers in the city managed to report a 3.5% increase in assets under management during 2015.
