Country: East Asia Page 211 / 211
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- April 2 2015
AIG unloads $500m stake in China’s PICC
America's biggest commercial insurer cuts its stake in PICC Property & Casualty to 8.2% as it seeks to raise funds.
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- March 26 2015
China’s insurance industry solvency remains stable
China's insurance regulator says industry solvency is stable despite the impact of the second-generation solvency regime.
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- March 25 2015
Chinese insurers trial heavy equipment insurance
Seven Chinese insurers have joined a pilot scheme to co-insure heavy equipment or high-technology.
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- March 19 2015
Chinese insurers invest $4.79b in nursing homes
Encouraged by central government, eight insurers are building nursing homes across China.
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- March 19 2015
South Korea’s insurance firms lead rise in debt holdings in 2014
Increase in debt holdings was attributed to the record fall of local yields.
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- March 17 2015
HK doctors claim new health insurance scheme financially unsustainable
The scheme aims to encourage Hong Kong residents to buy health insurance and switch to private doctors.
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- March 16 2015
Japan’s Nippon Life could raise stake in Reliance Life after India’s new insurance bill
Japanese life insurance giant had shown interest in raising its stake from 26% to 49% before the bill was passed.
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- March 16 2015
Hong Kong’s property insurer SHKPI gets ratings affirmation
Sun Hung Kai Properties Insurance Limited (SHKPI), a wholly-owned subsidiary of Sun Hung Kai Properties (SHKP) Ltd receives financial strength rating of A (Excellent).
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- March 16 2015
China considers launching a deposit insurance scheme in H1
The proposed scheme will pay a maximum compensation of Rmb500,000 (USD81,500) per depositor should a bank suffer insolvency.
