News Page 1020 / 1028
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- April 28 2015
Asian insurers moving towards Solvency II standards
Report also states that global insurers are facing increased regulatory requirements.
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- April 28 2015
Nepal earthquake to expose developing nations’ low insurance penetration
Spending on property-casualty coverage less than US$4 per capita annually.
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- April 28 2015
China sets charges for deposit insurance scheme
Scheme unlikely to have a major impact on banks and premiums.
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- April 27 2015
Saudi Arabia’s insurance sector forecast to grow further
The Kingdom also posts the second biggest insurance premiums in the GCC.
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- April 27 2015
Philippine nonlife insurance industry’s net income rises in 2014
A decline in frequency and severity of natural calamities attributed.
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- April 27 2015
Berkshire Hathaway names Australasia insurance head
Chris Colahan joins BHSI from RSA Insurance Group.
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- April 27 2015
India’s largest reinsurer assessing earthquake losses in Nepal
GIC Re sends a team of 10 surveyors to Nepal.
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- April 27 2015
Bank Negara approves Malaysian Re’s general and family retakaful business
Plans to undertake an internal restructuring for its retakaful business.
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- April 27 2015
Japan’s Asahi Mutual Life Insurance to raise foreign bond investment
The Japanese Insurance firm says domestic yields remain too low.
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- April 27 2015
China’s Fosun to invest in more European and US insurance firms
OneBeacon Insurance Group also said to be a target.
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