Country: East Asia Page 234 / 234
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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.
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