Country: East Asia Page 208 / 219
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- October 16 2015
Mitsui Sumitomo on track with US$338m investment plan
Despite recent market turmoil, the Japanese insurer is still pursuing its goal to invest ¥40bn.
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- October 15 2015
Nippon Life eyes NAB’s insurance unit
The Australian bank has put its insurance unit on sale due to tightened global regulations.
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- October 15 2015
Online insurance still unpopular in Taiwan
Regulators aim to remove roadblocks that hamper online insurance sales after a lacklustre year.
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- October 15 2015
Shanghai’s rich account for 15% of China’s life premiums
Just 160,000 Shanghainese account for about 15% of the total life insurance premiums in China.
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- October 14 2015
Nippon Life ups stake in India’s Reliance Capital
The US$184m stake is the biggest foreign direct investment in India's mutual fund industry.
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- October 14 2015
Chinese insurers tapping international expertise
Expertise on products, pricing and technology is being sought through mergers and acquisitions.
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- October 13 2015
Investors commit US$1.2bn for China Re IPO
Cornerstone investors include Great Wall Pan Asia, State Grid and China Development Bank.
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- October 13 2015
Japanese insurers to offer liability cover in Myanmar
Three insurers have won licences to offer insurance products in Thilawa Special Economic Zone
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- October 12 2015
China Re set to launch US$2bn IPO in Hong Kong
The offer will help China Re to raise fresh capital ahead of new solvency rules affecting Chinese insurers.
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- October 9 2015
Japan Post Insurance IPO values firm at US$10bn
Japan Post has set an indicative price range for the November initial public offering.
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- October 9 2015
IAG to go ahead with China expansion plan
Incoming CEO Peter Harmer has affirmed the group's commitment to growing in Asia.
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- October 8 2015
Taiwan’s health insurance fund hits its highest level
Lawmakers in Taiwan are starting to entertain the idea of lowering insurance premiums.
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- October 6 2015
Financial fundamentals of Taiwan’s insurers still sound
The FSC has responded to an IMF warning about potential liquidity risks in global markets.
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- October 5 2015
Anbang Insurance tops bid to buy Fidelity Life
If successful, the deal will mark the Chinese insurer's first acquisition of a US competitor.
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- October 5 2015
Quake insurance could rise by up to 50% in Japan
Japanese nonlife insurers plan to raise quake insurance premium rates in 36 prefectures.
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- October 5 2015
ACE introduces insurance for PE, VC firms in Asia
The new product protects private equity and venture capital firms in Hong Kong and Singapore.
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- October 2 2015
China, Switzerland sign social insurance deal
Workers are now exempted from mandatory social insurance contributions.
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- October 2 2015
Dai-ichi Life, Mizuho integrate asset management units
The two firms will have AUM of US$449 billion, creating one of Asia's biggest asset managers.
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- October 2 2015
Imported luxury cars pose liability risk in Korea
A consumer group has called for a cap on insurance payments on expensive imported cars.
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- October 1 2015
Japan’s Nippon Life mulls hiking stake in India
Japan's biggest life insurer by assets is planning to increase its stake in Reliance Life.
