News Page 1011 / 1122
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- May 26 2016
Asean plans insurance sector integration
A working committee will look measures to develop the sector, including encouraging greater participation of foreign partners.
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- May 26 2016
AIG launches new crowdfunding cover
‘Crowdfunding Fidelity’ is designed to protect investors using crowdfunding platforms against fraud.
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- May 26 2016
Sale of ING Life generates lower-than-expected interest
Korean private equity firm MBK Partners has extended the sales offer deadline to allow more potential bids.
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- May 26 2016
Innovation and industry transformation on agenda of IIS forum
More than 50 executives and experts will participate on the program at the IIS Global Insurance Forum.
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- May 25 2016
China Mobile to invest US$306m in insurance market
China's largest wireless carrier plans to buy a 20% stake in two insurers from China Merchants Group.
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- May 25 2016
ANZ explores sale of life insurance unit
Australia's fourth-biggest lender has reportedly held discussions with investment banks over the potential disposal.
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- May 25 2016
AXA to divest US$2bn tobacco industry assets
The group will sell its investments as part of its commitment to being a responsible health insurer and investor.
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- May 24 2016
World Bank sets up US$500m catastrophe fund
The fund, which is the first of its kind in the world, will combat pandemics in poor nations.
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- May 24 2016
Thailand eyes compulsory insurance for rice farmers
The scheme is intended to ease the government's burden in helping farmers in the event of a calamity.
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- May 23 2016
Solvency ratios of 11 Chinese insurers near regulatory limit
At least 10 life insurance firms and one property insurance firm have solvency ratios that are nearing the regulatory red line.
