News Page 1070 / 1278
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- September 4 2017
Sompo to sell Lloyd’s unit
The Japanese insurer will offload Sompo Canopius to private equity firm Centerbridge Partners for ¥100b.
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- September 4 2017
Chinese premium income growth slows
Total premium income grew at 21.3% through July, compared to more than 35% in the same period last year.
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- September 1 2017
Banks turn to insurance for cyber attack cover
Banks are finding ways to shield their businesses from operational risks by considering insurance coverage.
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- September 1 2017
Aviva Asia launches Vietnam subsidiary
The insurer considers Vietnam a market with high growth potential and Asia as a region of strategic importance.
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- September 1 2017
Chinese ministries cooperate to discipline insurers
Insurers found violating rules will be restricted from establishing banking, securities and insurance subsidiaries.
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- August 31 2017
Korea’s health insurance outlays hit US$30bn
Spending on medical examinations, hospitalisations and drug purchases in the first half of the year rose 9.2%.
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- August 31 2017
Takaful sector remains an underperformer
The industry remains hounded by issues that prevent it from achieving greater heights, says Gulf Times.
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- August 31 2017
Singapore sees first digitised direct insurance broker
Startup app PolicyPal will begin operating under its subsidiary BaoXianBaobao this week.
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- August 31 2017
Willis Towers Watson hires P&C consulting head for S Asia
David Maneval will be responsible for developing the non-life insurance consulting practice across Singapore, Thailand, Indonesia, Malaysia and Vietnam.
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- August 30 2017
Fairfax buys stake in rival of Indian partner
ICICI Lombard has agreed to allow the Canadian company to buy a 49% stake in nonlife startup Digit.