Country: East Asia Page 189 / 215
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- May 16 2016
Taiwan Life adds US$41m to CTBC’s Q1 earnings
The contribution reversed CTBC's net loss in the final quarter of 2015, though profits were still down significantly.
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- May 16 2016
Five bidders competing for Dah Sing Life
At least five companies have now expressed interest in buying the insurance unit of Hong Kong's Dah Sing Financial Holdings.
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- May 13 2016
Perfect storm for Chinese life companies
The weak domestic economy, new solvency rules and increased scrutiny from the regulator are squeezing profits.
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- May 13 2016
Berkley sets up insurance unit in Asia
Berkley Insurance Asia will offer specialty commercial coverage to clients in North and South-East Asia.
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- May 11 2016
CIRC reportedly checking on Anbang’s investments
The regulator is reportedly sending inspectors to scrutinise investments in real estate and unlisted equities.
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- May 11 2016
Allianz to sell part of Taiwan life insurance portfolio
The sale of the €1.2 billion portfolio is driven by the constraints on European insurers as a result of Solvency II.
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- May 6 2016
Anbang’s aggression pays off with triple-digit income rise
Investment income for the Chinese insurer's life business grew by 110.9% last year, according to its latest results.
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- May 5 2016
China warns against unregistered online insurers
CIRC says insurance-style schemes operated by unregistered online firms may lack financial stability.
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- May 5 2016
Japanese insurers’ US M&A spree set to continue
Dealmakers say they expect activity to top more than the US$18 billion they spent in the US last year.
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- May 4 2016
Qianhai urges lower threshold for HK insurers
The Qianhai-Shekou free trade zone has complained that no HK insurers meet regulators' strict requirements.
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- May 4 2016
Search for HK’s new insurance regulator goes global
A head-hunting firm is casting a wide net as it searches for the head of the newly established Insurance Authority.
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- May 4 2016
Peak Re doubles premiums despite challenging market
The Fosun-backed reinsurer saw gross written premium income increased by 102% to US$582.7 million during 2015.
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- May 4 2016
AIG raises US$2.6bn from PICC P&C share sale
AIG has raised about US$2.6 billion since last year as it has divested its stake in the Chinese insurer.
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- April 29 2016
Willis strengthens HK team with Deutsche hire
Vincent Lien has joined as managing director of Willis Capital Markets & Advisory in Hong Kong.
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- April 29 2016
Japan Post Insurance looks to stocks, risk assets
Negative interest rates on Japanese government bonds have led to a quest for higher returns.
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- April 28 2016
Ping An expected to join US$3bn ING Life Korea bid
Korea’s fifth-largest insurance firm is expected to fetch more than US$3bn in a highly contested bidding process.
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- April 27 2016
Samsung Life signs infrastructure co-investment deal
The Samsung group aims to invest US$500 million over five years into loans originated globally by Natixis.
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- April 27 2016
Japan quakes unlikely to affect non-life sector
Prudent underwriting and effective reinsurance will protect the industry's financial position, says Fitch.
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- April 26 2016
Alibaba sets up online health cover JV
The company, founded by Jack Ma, has teamed up with six other investors to establish a partnership with China Taiping.
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- April 26 2016
Korea to ease curbs on insurance firms’ investments
The Financial Services Commission is to allow insurers in the country to increase their foreign investments.
