News Page 1063 / 1087
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- June 29 2015
Standard Life shuts Singapore business
Firm remains committed to its Asian business with focus on Chinese and Indian partners.
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- June 29 2015
Japan raises quake insurance premiums
Commencing Jan 2017, premiums to be raised by an average of 19%.
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- June 29 2015
Willis names Southeast Asia CEO
Simon Weaver appointed to the newly created role of regional CEO for SE Asia and CEO for Singapore.
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- June 26 2015
Thailand’s actuaries association seeks role in drafting insurance laws
Group seeks to participate in drafting organic laws where it is directly affected.
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- June 26 2015
Malaysia’s BTPN bank seeks life insurance acquisition
BPTN customers currently covered by separate credit life insurance policies.
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- June 26 2015
China trims insurance rates and establishes investment fund
Reduction in certain insurance rates will save Rmb27bn (US$4.43bn) for employers.
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- June 26 2015
Global insurance industry gained momentum in 2014
Insurance premiums last year gained 3.7% to US$4.8tr.
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- June 25 2015
Singapore prepares to roll out compulsory health insurance scheme
Ministry of Health initiative gathers pace with household check exercise.
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- June 25 2015
Fubon Financial acquires Hyundai Life Insurance stake for US$199m
Taiwanese financial services firm to acquire stake via its insurance unit, Fubon Life Insurance.
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- June 25 2015
China’s largest P&C insurer gets Moody’s upgrade
IFSR of PICC P&C upgraded to Aa3 from A1, with stable outlook.