News Page 1121 / 1195
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- December 23 2015
Allianz Buys 51% of PNB Life in the Philippines
The two firms also enter into a 15-year exclusive distribution partnership
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- December 22 2015
Japanese nonlife insurers to introduce travel policies
Foreign tourists targeted as visitor numbers surge 48% this year.
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- December 22 2015
India’s general insurance penetration drops to 0.70%
Slower economic growth and entry of life players into the general market, attributed says GIC
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- December 22 2015
Mainland Chinese to spend US$3.9bn on insurance in HK this year
OCI released data show mainlanders taking 21.7% of the city's total new premiums.
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- December 22 2015
Australia’s financial, insurance sector spends US$2.2bn to fight fraud
Sophisticated cybercrime seen as one of the biggest threats to the country
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- December 21 2015
Sompo Japan seeks to acquire nursing care firm
Japanese property insurance giant seeks new profit source with acquisition of Message Co.
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- December 21 2015
Muang Thai Life seeks approval for Cambodia JV
Thai life insurer embarks on its first life-insurance venture outside Thailand and expected to receive approval early next year.
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- December 21 2015
Prudential expresses interest in Bangladesh
UK insurer eyeing majority stake in a proposed joint venture through IRDA
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- December 21 2015
AM Best affirms China Taiping Insurance’s ratings
Chinese Insurer receives strength rating of A and issuer credit rating of "a", with stable outlook.
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- December 18 2015
Anbang Insurance buys further stake in Sino-Ocean
The privately held Chinese insurer paid a further US$426 million to raise its stake to 30%.
