Country: East Asia Page 195 / 213
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- January 15 2016
Taiwan Life forecasts 6% premium rise under CTBC
The Taiwanese insurer said its total assets would swell to NT$1.6 trillion after the union with CTBC Financial.
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- January 15 2016
AIA Korea names new CEO
The appointment of Cha Tae-jin comes just five months after he joined AIA as vice-president of sales.
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- January 15 2016
Nippon Life eyes asset management firms abroad
Japanese insurer seeking opportunities abroad to reduce reliance on domestic government bonds.
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- January 14 2016
Ironshore joins Lloyd’s China platform in Shanghai
Subsidiary Pembroke Managing Agency will initially focus on agriculture, marine and healthcare sectors.
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- January 14 2016
China to merge medical insurance programmes
The move is aimed at making medical insurance accessible for urban and rural residents alike.
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- January 14 2016
Dah Sing Financial exploring options for life unit
The group has notified the Hong Kong exchange that it is currently exploring options for its life business.
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- January 13 2016
Fubon Life pays US$267m for stake in China United
The acquisition will give the Taiwanese insurer an opportunity to expand its footprint in China.
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- January 11 2016
Lombard to offer insurance-based wealth solutions
The Philadelphia-based insurer will launch its brokerage business in Hong Kong and Singapore.
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- January 11 2016
Marine reinsurance prices fall even after Tianjin blasts
The blasts at China's Tianjin port has had little or no impact on marine reinsurance prices.
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- January 8 2016
Insurers urged to set up fund management firms in Beijing
The new Beijing insurance industrial park is developing into a showcase for the insurance industry.
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- January 8 2016
Sumitomo Life approved for US$3.8bn Symmetry deal
Approval issued after regulator says deal is not hazardous or prejudicial to the insurance-buying public.
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- January 8 2016
China’s Macrolink backs out of Clal talks
Deal to buy Israel's second-biggest insurer has fizzled out after the local regulator spooks Macrolink.
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- January 7 2016
Sompo beats rivals to enter Myanmar’s auto market
The Japanese insurer will write vehicle insurance in the Thaliwa special economic zone in south-east Yangon.
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- January 7 2016
Cathay Life invests further US$900m in logistics sector
The Taiwanese firm has broke ground on another logistics facility in Taichung's Wuri District.
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- January 7 2016
DBS, Manulife officially launch US$1.2bn bancassurance deal
The deal allows the Canadian insurer to distribute its products in DBS branches across the region.
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- January 6 2016
China launches insurance-backed infrastructure fund
An initial pool of Rmb40bn will be used to fund strategic projects, including the Belt and Road Initiative.
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- January 6 2016
China Life among top 10 global insurers by net premiums
The Chinese insurer is the only Asian firm to make the list, which is dominated by US and European names.
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- January 5 2016
Japanese firms to continue M&A hunt in 2016
The US market will continue to be the focus of acquisitions due to its ability to absorb large sums of cash.
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- December 31 2015
Korean life firms acquire solar power project in Japan for US$172m
Kyobo Life, Heungkuk Life and Hanwha Life, acquire 41.3MW solar project in Kagoshima
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- December 31 2015
China warns insurers on risks of stock investments
Insurance firms asset-liability management face increased risks with the rise of capital market volatility.
