Country: East Asia Page 206 / 216
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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.
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- September 17 2015
Japan’s top insurers set to pay US$822m for typhoon damages
Payments for this fiscal year could mark the highest typhoon-related pay-out since 2011.
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- September 17 2015
Cargo losses from Tianjin blasts could reach US$6bn
Significant impact on the marine insurance sector should serve as wake-up call to all cargo insurers.
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- September 16 2015
Alibaba’s Ant Financial takes control of Cathay Insurance
The investment will allow a quicker entrance to mainland China's insurance market.
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- September 15 2015
Nippon Life agrees to merge with Mitsui Life
The Japanese insurer will again become the country’s biggest insurer, ahead of Dai-ichi Life.
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- September 14 2015
Samsung mulls expanding in Vietnam’s insurance sector
Samsung has expressed intention to expand its footprint in the country's life insurance sector.
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- September 14 2015
Lloyd’s set to double China insurance business
Lloyd's chairman John Nelson expressed confidence that the firm will double its business in China this year despite a very competitive insurance market across Asia. Nelson said Lloyd's regional expans... To continue reading the full article and get full access to the InsuranceAsia News platform, please enquire about a subscription. Your company may already have […]
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- September 14 2015
AM Best affirms ratings of two Macau insurers
Macau Insurance and Macau Life Insurance received ratings affirmation from AM Best.
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- September 11 2015
Manulife nears deal for StanChart’s HK pension business
The Canadian insurer is reportedly in the final stages of negotiations for the US$400m deal.
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- September 11 2015
Samsung Life seeks to enter Philippine insurance market
The Korean insurer is reportedly in talks with PNB, alongside several other foreign life insurers.
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- September 10 2015
China firm launches overtime insurance scheme online
People in China who usually have to work overtime may now be able to take a new type of policy.
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- September 9 2015
Mitsui Sumitomo to buy Amlin for US$5.3bn
The Japanese company will pay a 36% premium to shareholders of the Lloyd's of London insurer.
