News Page 1069 / 1088
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- June 8 2015
MSI permitted to operate in Myanmar’s Thilawa Special Economic Zone
Obtains a provisional permit to underwrite general insurance from regulators.
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- June 8 2015
Shanghai insurance exchange to get approval this year
Exchange will offer risk securitisation products, catastrophe bonds and insurance derivatives, according to reports.
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- June 8 2015
Five Asia Pacific countries have high terrorism risk – Aon
Indonesia, Thailand, Myanmar, Philippines and North Korea remain as high risk countries.
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- June 4 2015
India’s LIC becomes second foreign insurer to enter Bangladesh market
LIC to start operations as a JV entity with a paid up capital of BDT1bn (US$12.86m).
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- June 4 2015
Philippine insurers push for lower taxes on non-life insurance
5.5% tax on non-life insurance premiums sought.
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- June 4 2015
Nippon Life said to acquire National Australia Bank’s life insurance unit
Analysts value the life insurance business at up to US$1.4bn.
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- June 4 2015
Peak Re to partner with Shanghai Typhoon Institute
Collaboration for forecasting on China typhoon activities announced.
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- June 3 2015
Vietnam’s insurance premiums forecast to grow in double digits
Q1 Turnover from insurance premiums reached more than US$665.75m.
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- June 3 2015
Samsung Life Insurance eyes acquisition in the Philippines
Growing economy, low insurance penetration rate, and large population seen as factors.
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- June 3 2015
China’s regulator to oversee claims related to ship tragedy
Regulator also urges insurers to provide quick claim services.
