News Page 1119 / 1134
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- May 25 2015
South Korea’s Mirae Asset Life eyes US$460m in IPO
Mirae will sell 5.4 million existing shares and issue 40 million new shares for the IPO.
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- May 25 2015
Greenstone targets US$984m in Australia IPO
Australian life Insurance distributor plans a 16 June listing.
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- May 25 2015
Vietnam amends social insurance law following workers’ strike
National Assembly votes to overturn a provision of the social insurance law.
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- May 21 2015
India’s general insurance industry sets US$15bn premium target this year
Increase in third-party motor premiums and fire and property premiums seen as factors.
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- May 21 2015
New insurance law in Vietnam creates confusion
Complex rule has prompted some 1.2 million people to opt out of medical insurance.
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- May 21 2015
Majority of Australians regard insurance purchase as investment
Findings from a survey commissioned by Australian insurer Budget Direct.
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- May 21 2015
Two-year master plan to drive Asean insurance industry’s growth to 7%
Universities also approached to promote the industry as a major profession of choice.
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- May 20 2015
High capital requirement awaits regional insurers in India
Draft amendment requires all new entrants to maintain a minimum capital of INR1bn (US$15.7m).
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- May 20 2015
Japan’s Nippon Life to acquire operator of insurance agencies
Acquisition is part of Nippon Life's aim to acquire independent agencies.
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- May 20 2015
Vietnam launches social insurance e-portal
Launch of the e-portal forms part of Vietnam Social Insurance's (VSI) efforts to reform its administrative procedures.
