Country: East Asia Page 205 / 222
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- December 30 2015
Deutsche Bank sells Hua Xia Bank stake to Chinese insurer
German lender agrees to sell it's 19.99% stake to China's PICC Property and Casualty Company
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- December 30 2015
China’s premiums up nearly 20% in Jan-Nov period
Life premiums also up by nearly 25% within the same period
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- December 29 2015
Mitsui Sumitomo raises stake in India JV
Japanese firm increases stake in Cholamandalam MS General Insurance to 40%
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- December 29 2015
Japan supports Myanmar in developing market
Up to US$40 billion of potential growth seen as Japanese firms assist with training programmes and expertise.
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- December 24 2015
Three Chinese life firms consider US$3.1bn bond launches
An Bang Life Insurance, Happy Life Insurance, and Tian'an Life Insurance looking to tap the markets.
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- December 24 2015
Anbang acquires new shares in China Vanke for US$438m
Chinese insurer increases stake to 7.01% in country's property developer
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- December 23 2015
Baidu aims to become major auto insurance seller in China
Online search giant aims to capture 30% of the market in the next three years.
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- December 22 2015
Japanese nonlife insurers to introduce travel policies
Foreign tourists targeted as visitor numbers surge 48% this year.
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- December 22 2015
Mainland Chinese to spend US$3.9bn on insurance in HK this year
OCI released data show mainlanders taking 21.7% of the city's total new premiums.
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- December 21 2015
Sompo Japan seeks to acquire nursing care firm
Japanese property insurance giant seeks new profit source with acquisition of Message Co.
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- December 21 2015
AM Best affirms China Taiping Insurance’s ratings
Chinese Insurer receives strength rating of A and issuer credit rating of "a", with stable outlook.
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- December 18 2015
Fosun scrutiny affecting overseas M&A
The investigation of chairman Guo Guangchang is causing problems for acquisition of Israeli insurer.
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- December 18 2015
Anbang Insurance buys further stake in Sino-Ocean
The privately held Chinese insurer paid a further US$426 million to raise its stake to 30%.
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- December 18 2015
China’s medical insurance covers 95% of population
China's Ministry of Human Resources and Social Security says more than 1.3 billion are now covered.
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- December 17 2015
China releases rules for insurance fund controls
CIRC is aiming to enhance the sector's ability to manage risks and become more prudent.
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- December 16 2015
Chinese insurer ZhongAn tops Fintech 100 list
The list, compiled by H2 Ventures and KPMG, also featured six other Chinese companies.
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- December 15 2015
SGI plans aggressive expansion abroad
Korea's biggest provider of surety and trade credit insurance is looking to grow in SE Asia.
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- December 14 2015
China to become world’s second-largest market
China could become the world's second-largest insurance market after the US by 2025, if the sector's growth momentum continues, according to a report.
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- December 14 2015
Japan’s non-life insurers to maintain profits in 2016
The decision to raise premiums is expected to support profits, says a report released by Fitch.
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- December 14 2015
Foreign insurers in Korea hit by heavy Q3 losses
Continued poor performances fuel rumours that global insurers will pull out of the market.
