News Page 1118 / 1195
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- January 8 2016
Insurers urged to set up fund management firms in Beijing
The new Beijing insurance industrial park is developing into a showcase for the insurance industry.
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- January 8 2016
Sumitomo Life approved for US$3.8bn Symmetry deal
Approval issued after regulator says deal is not hazardous or prejudicial to the insurance-buying public.
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- January 8 2016
China’s Macrolink backs out of Clal talks
Deal to buy Israel's second-biggest insurer has fizzled out after the local regulator spooks Macrolink.
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- January 8 2016
SCOR strengthens in Asia
SCOR Global Life has beefed up its Asia business with several promotions across its business.
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- January 7 2016
Sompo beats rivals to enter Myanmar’s auto market
The Japanese insurer will write vehicle insurance in the Thaliwa special economic zone in south-east Yangon.
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- January 7 2016
Cathay Life invests further US$900m in logistics sector
The Taiwanese firm has broke ground on another logistics facility in Taichung's Wuri District.
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- January 7 2016
DBS, Manulife officially launch US$1.2bn bancassurance deal
The deal allows the Canadian insurer to distribute its products in DBS branches across the region.
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- January 7 2016
Fitch forecasts growth for Malaysia’s takaful sector
After strong growth in 2015, the momentum will continue thanks to demographics and government support.
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- January 6 2016
China launches insurance-backed infrastructure fund
An initial pool of Rmb40bn will be used to fund strategic projects, including the Belt and Road Initiative.
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- January 6 2016
Claims from natural disasters drop in 2015
Insured losses fell to US$27bn, well below the 10-year average of US$180bn, according to Munich Re.
