Country: East Asia Page 186 / 216
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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.
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- July 26 2016
China underinsured based on recent flood claims
Claims arising from the recent flooding are expected to reach a small fraction of the full economic loss.
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- July 25 2016
Discovery enters Japan market with Sumitomo, Softbank
South Africa’s third-biggest insurer plans to introduce its health reward programme, Vitality, with its new partners' help.
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- July 25 2016
Korean insurers log record outbound investment
Low yields at home have driven increased overseas investment in a bid to generate higher returns.
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- July 22 2016
Foreign health insurers need to take risks in China
The market is huge and growing rapidly, but regulatory challenges will prevent all but the biggest foreign players from succeeding.
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- July 22 2016
Korean policyholders spend US$3,000 on average on cover
Korea’s premium per person is 18th highest in the world according to Swiss Re.
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- July 21 2016
Chinese insurers hampered by weak risk management
Insufficient risk management professionals and tools make transition to a new risk-oriented solvency system challenging, says PwC.
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- July 20 2016
Taiwan set to tighten rules on life insurance products
Regulators intend to lower the current 5% insurance policy bancassurance fees to 3.5% to contain costs.
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- July 18 2016
Regulations hinder Chinese firms’ Israeli ambitions
Transparency issues are making it hard for Chinese companies to pursue controlling stakes in Israeli insurance firms.
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- July 15 2016
Berkshire launches two new D&O solutions
The products cover liabilities associated with capital raising Side A protection for corporate board members.
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- July 14 2016
Baoneng resumes hostile takeover of Vanke
The Chinese insurer raised its stake to 25% when the developer's shares resumed trading after a six-month suspension.
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- July 13 2016
Metlife Japan names David Gee new CIO
The new chief investment officer will launch a major technology transformation project as it migrates from older systems.
