Country: East Asia Page 212 / 217
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- July 20 2015
Hong Kong’s top insurance bodies merge
IIHK and CII merger aimed at improving and strengthening standards in the city's insurance and financial services market.
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- July 20 2015
Typhoon Chan-hom claims predicted at US$350m
Insured losses are unlikely to exceed US$354.3m, according to AIR Worldwide's catastrophe risk modelling.
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- July 17 2015
Ageas seeks buyer for Hong Kong unit
Morgan Stanley is reportedly seeking bidders for a deal that could fetch more than US$1 billion.
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- July 16 2015
China Life posts record-high net income
China's largest life insurer posts a 103% rise in net income to NT$5.71 billion.
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- July 15 2015
‘No insurance, no entry’ for Chinese visiting Taiwan
Tourism bureau will require insurance that covers unexpected illnesses or injuries sustained while in Taiwan.
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- July 15 2015
Guy Carpenter hails Panda bond as “historic”
Cat bond exemplifies the benefits of convergence between reinsurance and capital markets, says David Priebe.
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- July 15 2015
Peak Re appoints director for underwriting
Railovy Boyer will work with Peak Re’s underwriting, markets and analytics teams in Hong Kong.
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- July 14 2015
Japan curbs Venezuela trade insurance deals
Depressed oil prices have led to fears that the South American producer may not meet its obligations.
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- July 14 2015
S&P warns Chinese insurers of equity risks
Insurers should stay prudent after China's relaxation of regulatory limits on equity investments.
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- July 14 2015
PICC buys US$1.6bn stake in Fujian bank
The acquisition increases PICC's stake in Hong Kong-listed Industrial Bank Co to 14%.
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- July 13 2015
Chinese insurers inject US$18bn of liquidity
Regulator increases the limits for insurers to invest in blue-chip stocks to prop up sky-high stock market valuations.
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- July 13 2015
Fosun completes Meadowbrook acquisition
US insurer will keep its headquarters in Michigan and continue to operate under the Meadowbrook brand.
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- July 10 2015
China’s insurers spend billions to buy shares as stock market tumbles
Purchasing spree comes after emergency rescue measures were launched to save the country's stock market from crashing.
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- July 10 2015
Chinese monsoon losses almost US$4bn in June
The amount is the largest impact of the month, according to Aon Benfield's Impact Forecasting unit.
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- July 10 2015
Solera invests US$5m to support China’s auto insurance market
Company set to open a Beijing research facility through the Solera Technology Center (STC).
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- July 9 2015
Shares of Korean insurers trading below IPO prices
Lower share prices reflect concerns about negative margins in the life insurance business, according to analysts.
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- July 6 2015
Hong Kong’s Now Health International acquires Best Doctors Insurance
Acquisition creates one of the largest international private medical insurance (IPMI) providers in the world.
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- July 6 2015
Life premium growth to increase in emerging markets this year
China and central and eastern Europe to see more life premium growth this year, according to Swiss Re report.
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- July 3 2015
China leads the way on catastrophe risk
China's Panda bond is an important step in developing better tools for transferring risk—and should also serve as a model for India.
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- July 3 2015
Allianz Life Korea to focus on wealthy seniors
Munich-based global insurer aiming to become the No. 1 global insurer locally.
