Country: East Asia Page 195 / 205
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- October 1 2015
Contamination in Tianjin to push up cost to insurers
Chemical contamination in the Chinese port of Tianjin is likely to add to the total losses.
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- September 30 2015
Korea amends insurance rule for foreign workers
Foreign workers must now wait three months before they can apply for health insurance.
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- September 30 2015
China removes life insurance interest-rate cap
The new policy will return pricing power to insurers and encourage market-based products.
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- September 29 2015
Taiwan insurers brace for effects of rate cut
Insurers brace for headwinds after the central bank's decision to lower its key interest rate.
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- September 29 2015
China eyes Bermuda reinsurance market after Tianjin
The explosions in Tianjin are spurring China to consider new sources of insurance.
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- September 28 2015
KB Financial launches first one-stop financial shop
Banking, securities, life insurance and non-life insurance all offered under one roof.
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- September 28 2015
Healthcare top concern for China’s super rich
A majority of China's wealthy individuals are opting for high-end retirement communities.
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- September 25 2015
China plans crackdown on illegal insurance activity
CIRC is deploying new technology to monitor and regulate the growing agency force.
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- September 24 2015
Chinese insurers’ global buying spree hits US$6.1bn
Moody's says the outbound trend will continue unless there is a big change in interest rates.
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- September 24 2015
Japanese insurers’ face US$165m claims for Tianjin blasts
The country's top-four nonlife insurers will pay out claims for damage to finished automobiles.
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- September 24 2015
Korean insurers’ RBC ratios hit two-year low
Risk-based capital ratios of 56 insurers dipped to an average of 278.2% in the second quarter.
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- September 23 2015
Moody’s keeps stable outlook for Chinese insurers
The credit rating agency warned China's insurers on headwinds that may affect creditworthiness.
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- September 23 2015
Tokio Marine wins approval to buy HCC for US$7.5bn
The deal was initiated in June but had to wait for approval from shareholders.
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- September 23 2015
Markel appoints new head in China
Hu Qianhai has been appointed to lead the team providing solutions to Chinese insurers.
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- September 22 2015
Fire premiums on the rise in Japan
The increase is being driven a number of large-scale natural disasters in recent years.
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- September 22 2015
Chinese insurers now allowed to set up PE funds
Insurers can set up growth, buyout, mezzanine, real estate and venture capital funds.
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- September 22 2015
Hong Kong to launch Insurance Authority by year-end
The proposed Insurance Authority will replace the Office of the Commissioner of Insurance.
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- September 21 2015
China Re wins approval for US$2bn Hong Kong IPO
The company is offering up to 15% and expects to pitch the deal to investors in early October.
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- September 18 2015
Fed delays rate hike amid China concerns
Asian markets woke up on Friday to news that the US Federal Reserve would not be hiking interest rates.
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- September 18 2015
Taiwanese insurers ready for US Fed rate hike
Insurers have been making adjustments to fully prepare for the possible effects of the hike.
