Country: East Asia Page 187 / 215
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- June 17 2016
Taiwan firms warned against policy violations
The regulator is concerned about the high number of insurers burdened with excessive fees paid on sales .
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- June 17 2016
Chinese, European regulators to share information
The two industry watchdogs have agreed to share information on their frameworks for pensions and insurance.
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- June 15 2016
Korean Re hits new record-high profit
Banking on swelling demand, Korea’s sole reinsurer is confident of continued strong growth.
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- June 15 2016
China Life pours $600m into car-hailing app
The investment in Didi Chuxing comes at a time when the top Chinese car-hailing app is struggling to fend off Uber.
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- June 14 2016
Korean insurers sell property to meet new accounting rule
Changes in international accounting standards will require additional reserves once the new rules take effect.
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- June 13 2016
Japanese industry halts sales of savings-type plans
Negative interest rates have forced leading Japanese nonlife insurers to stop selling savings-type policies, according to reports.
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- June 13 2016
Claims from global disasters in May hit US$7bn
Five separate instances of flooding in China contributed economic losses of more than US$1.5bn.
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- June 10 2016
Manulife taps yield-hungry Taiwanese life insurers
Borrowing in Taiwan is an increasingly popular option among global corporates as local investors shun domestic debt.
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- June 10 2016
Korea Development Bank life unit up for sale again
After two failed attempts to sell a majority stake in KDB Life Insurance in 2014, state-run KDB is trying again.
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- June 9 2016
Baidu sets up new online car insurance firm
The Chinese insurer is venturing into the business through a partnership with China Pacific Property & Casualty.
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- June 8 2016
Shanghai to accelerate insurance sector development
Modernisation and internationalisation aimed at becoming an international insurance centre in the next five years.
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- June 7 2016
Japan quake insurance payouts rise to US$2.2bn
In just one week, insurance payouts for the Kyushu earthquakes in April have risen another 35%.
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- June 6 2016
Thaihot wins race for Dah Sing’s insurance unit
The Chinese group has reportedly agreed to pay US$1.4bn in what could be Hong Kong's most expensive insurance deal ever.
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- June 3 2016
Reinsurance under C-ROSS
Dozens of reinsurers moved onshore in response to China's introduction of its new solvency regime.
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- June 3 2016
China approves tax-deductible health schemes
Taxpayers in 31 major cities will be able to deduct taxable income paid into qualifying policies.
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- June 3 2016
China to inspect insurance investments
CIRC has informed insurers and related asset managers that it plans to inspect investments in onshore and offshore markets.
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- June 2 2016
China’s draft insurance rules worry foreign trade groups
A new cyber security law may require international insurers to buy substandard or insecure technology from China.
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- June 2 2016
Chubb Life names new Taiwan president
Chubb Group's global life insurance division has appointed Kristine Ung as the new president of its Taiwan operation.
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- May 31 2016
China Life’s Q1 net income drops 18%
The Chinese insurer's weak performance has prompted analysts to trim their forecasts for this year.
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- May 30 2016
Underwriting earnings key for Japan’s life insurers, says Fitch
Life companies are maintaining strong profitability despite declining bond yields in local fixed-income markets.
