Country: East Asia Page 191 / 211
-
- February 22 2016
PE firm to sell ING Life Korea for US$1.63bn
MBK Partners has reportedly attracted interest from Hanwha Life Insurance and Kyobo Life Insurance.
-
- February 22 2016
Japan Post Insurance to raise investment in foreign debt
The plan is part of an effort to boost returns following the central bank's introduction of negative interest rates.
-
- February 22 2016
Zhong An aiming to raise US$2bn in local IPO
The insurance company backed by Alibaba's financial services affiliate is expected to list in Shanghai.
-
- February 18 2016
K-Sure to provide US$160bn trade insurance in 2016
The announcement comes at a time when Korea's all-important exports have been faltering.
-
- February 18 2016
Taiwanese majors suffer earnings plunge in January
Life firms reported a 40% decline in earnings after a brutal downturn on Taiwan's stock market.
-
- February 18 2016
Fosun cancels US$462m acquisition of Israeli insurer
The Chinese company says that conditions in global markets forced it to terminate the acquisition.
-
- February 17 2016
Korea to fast-track claims for Kaeseong firms
Payments will be made within a month for companies affected by the closure of the North Korean industrial complex.
-
- February 17 2016
China approves new online insurance venture
CIRC has approved Shenzhen Infogem Technologies' registration to operate an online insurance firm.
-
- February 16 2016
Asia Capital Re taps Korean market
The Financial Services Commission is expected to decide on the application for preliminary approval on Wednesday.
-
- February 16 2016
CRRC buys US$676m stake in China United
State-owned China Railway Rolling Stock Corporation has bought a 13.06% stake in the Shenzhen-based insurer.
-
- February 16 2016
Sumitomo Life eyes investments in foreign corporate bonds
Japanese giant Sumitomo Life is reportedly planning to expand its foreign corporate bond investment to boost returns.
-
- February 15 2016
Korean firms post 13.3% earnings rise in 2015
The double-digit growth was attributed to increased non-operating profits and investment-related earnings.
-
- February 12 2016
China’s inevitable devaluation will pour more pain on industry
Flood of money leaving China is bad news for international insurers that have focused on Asia as a source of growth.
-
- February 11 2016
China becomes third-largest market in the world
The market was valued at US$1.83 trillion last year, more than double the value five years ago.
-
- February 11 2016
Meiji Yasuda’s US$5bn StanCorp acquisition approved
The Japanese life insurer has reportedly won regulatory approvals in the US and Japan for its landmark acquisition.
-
- February 8 2016
Group says insured losses in Tianjin blast likely to near US$6bn
International Union of Marine Insurers (IUMI) sees losses as largest in marine history.
-
- February 5 2016
China takes aim at Hong Kong offshoring practice
The government is concerned that purchases of insurance in Hong Kong are being used to move money offshore.
-
- February 5 2016
Korea regulator probes alleged premium cartel
Four mid-sized insurance firms are accused of colluding to increase car insurance premiums.
-
- February 5 2016
Dah Sing’s US$1bn insurance asset lures Chinese firms
More than 20 Chinese property developers and other firms have shown strong interest in bidding.
-
- February 4 2016
China caps Hong Kong insurance purchases
Foreign exchange regulator is stepping up administrative measures to slow capital outflows.
