Country: East Asia Page 188 / 234
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- June 14 2017
Offline life firms dominate Korea’s online market
Savings-type policies offered by traditional insurers are a hit with internet users in the country.
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- June 13 2017
Ping An hunts for fintech, healthtech startups
The Chinese insurer is looking at joint ventures or distribution agreements with early-stage startups.
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- June 13 2017
China mulls pollution liability insurance
CIRC intends to make insurance compulsory for firms that fall under eight categories, such as fossil fuel extraction.
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- June 13 2017
New HK regulator vows to work on cross-border supervision
The Hong Kong Insurance Authority is expected to work hand in hand with its counterpart from mainland China.
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- June 12 2017
Hong Kong, overseas firms seek China entry
Among those making a beeline into the mainland market is FWD Hong Kong, which has applied for a life insurance licence.
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- June 8 2017
CIRC to strengthen standards
China's insurance watchdog will implement a spate of more stringent measures on liability, investment and liquidity risks.
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- June 7 2017
Hong Kong’s Astri expands cyber coverage to insurers
The Applied Science and Technology Research Institute is in talks to provide an insurance cybersecurity network.
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- June 7 2017
Willis Towers Watson appoints regional head of investments
Based in Tokyo, Taro Ogai will succeed Naomi Denning, who will be leaving the company.
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- June 2 2017
Small chips, big risks
The complexity of semiconductor manufacturing can pose a range of risks that need to be understood to be able to offer sustainable capacity.
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- June 2 2017
CIRC seeks experts on solvency supervision
The insurance watchdog in China will tap external experts to form part of a solvency supervision consulting panel.
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- June 2 2017
Allianz Life names new Korea CEO
Sun Lei replaces current chief executive Joos Louwerier, who has been leading the Korean unit since February 2016.
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- June 2 2017
Chinese counties to offer agri disaster insurance
The scheme is aimed at 200 pilot counties that are primarily engaged in planting rice, wheat and corn.
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- May 31 2017
Korea relaxes rules as IFRS implementation nears
The FSS aims to help insurers alleviate potential fallouts from changes in global accounting rules.
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- May 30 2017
Interest rate risk hounds Japanese insurers
Life insurers are failing to extend the duration of their assets because of lingering low bond yields in Japan.
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- May 29 2017
Anbang to invest US$2.67bn more in two Korean insurers
The Korean insurer is considering additional investments in Tongyang and Allianz ahead of tightened regulations.
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- May 26 2017
Downgrading China
Moody's has downgraded the country’s sovereign rating for the first time since 1989.
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- May 26 2017
Top Japanese life firms post steep premium income fall
The negative interest rate policy of Japan’s central bank has weighed on investment income.
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- May 26 2017
Strong currency puts pressure on Taiwan life insurers
The venture offshore in search for higher yields is creating exposure to unfavourable capital and currency fluctuations.
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- May 25 2017
China insurers’ solvency remains at a healthy level
First-quarter capital adequacy reflects efforts to keep risks within control, says the insurance regulator.
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- May 24 2017
WannaCry hit Asia hard but won’t boost cyber policies
Companies that haven’t taken basic security measures aren’t about to start buying insurance.
