Country: East Asia Page 213 / 213
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- April 3 2015
Japan starts cover for tankers carrying Iranian oil
The threat of continued sanctions has prompted the Japanese government to provide insurance cover for local shipping companies bringing oil from Iran.
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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.
