Country: East Asia Page 199 / 215
-
- December 10 2015
Foreign insurers win modest market share in China
Overseas companies continue to be dominated by local insurers despite gradual liberalisation.
-
- December 9 2015
AIG selling US$1bn stake in PICC P&C
The deal marks the second time that AIG is cutting its shareholding in the Chinese state insurer.
-
- December 9 2015
China’s first insurance development index released
The index shows 70% of total insurance fees during 2014 were from vehicle insurance.
-
- December 9 2015
Prudential planning to sell PCA Life Korea
The British insurer is reportedly selling its Korean unit as part of an Asian restructuring.
-
- December 9 2015
HK’s Insurance Authority needs HK$650m seed cash
The insurance body will regulate the city's sales force and crack down on malpractice.
-
- December 8 2015
China’s non-life sector likely to weaken, says Fitch
The sector's growth dynamics could weaken if vehicle sales continue to stagnate.
-
- December 8 2015
Fubon gets green light to buy stake in Hyundai Life
Korea's Financial Services Commission has approved the purchase of a 48% stake.
-
- December 7 2015
China eases rules on insurers’ overseas offices
CIRC scraps requirement for Chinese insurers to get pre-approval to open offices abroad.
-
- December 7 2015
Korea’s online car insurance competition heats up
A new online insurance supermarket is creating fierce competition among car insurers.
-
- December 7 2015
Moody’s upgrades Taiwan’s Cathay Life
Structural improvement in its profitability prompts upgrade to insurance financial strength rating.
-
- December 4 2015
Insider fraud on the rise
More than 70% of Chinese executives were affected by fraud during the past year, says Kroll.
-
- December 4 2015
Chinese insurers consider multi-asset strategies
There is a need to look beyond trophy assets as Chinese insurers expand their overseas investments.
-
- December 4 2015
Taiwanese insurers cleared to buy 100% of Vietnamese banks
Taiwan's FSC Chairman Tseng Ming-chung announced the development after a trip to Vietnam.
-
- December 3 2015
Axis Capital to join Lloyd’s China platform
Subsidiary Axis Syndicate 1686 will focus on treaty reinsurance business beginning January 1, 2016.
-
- December 3 2015
SAIB becomes first Chinese Lloyd’s broker
Shanghai Asian Insurance Brokers plans to develop reinsurance brokerage and internationalise.
-
- December 2 2015
Hong Kong’s gross insurance premiums up 10.5%
Premiums in the city soared during the first three quarters of this year, says industry regulator.
-
- December 1 2015
China Life completes London property acquisition
The Chinese insurer has acquired a 40% interest in 99 Bishopsgate, a premium office building.
-
- December 1 2015
Nippon Life plans to launch Japan’s largest Reit
The trust will target a 4% return, aimed at large Japanese investors such as pension funds and banks.
-
- December 1 2015
Taikang mulls US$16bn investment in Chinese elderly care
The Chinese insurer is planning to increase its investment in the sector during the next five years.
-
- November 30 2015
China’s top court moves to protect insurance consumers
An increase in disputes in China's insurance industry has prompted a new judicial interpretation.
