News Page 1156 / 1195
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- August 20 2015
Tencent said to invest in new life insurer
China's largest internet firm is reportedly eyeing a new US$1.5bn venture.
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- August 19 2015
Taiwan allows insurers to invest in futures ETFs
Insurers can invest up to 0.5% of their total assets in onshore futures ETFs to diversify their investment channels.
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- August 19 2015
CIRC seeks quick response to Tianjin claims
China Insurance Regulatory Commission has urged insurers to prioritise claims from last Wednesday's blasts.
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- August 19 2015
Chinese online insurance sales triple in first half
Sales reach more than Rmb80bn, though online still accounts for less than 5% of China's insurance premiums.
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- August 19 2015
Investment-linked plans drive take-up rate in Malaysia
Greater awareness has helped insurance protection in the country to increase 8.1% during the first half of the year.
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- August 18 2015
AIA appoints Mark Konyn as CIO
The former chief executive of Cathay Conning Asset Management will take over from John Chu on September 1.
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- August 18 2015
Chinese blast claims could reach US$1.5bn
Chinese insurance companies are bracing themselves for huge insurance claims after the Tianjin explosion.
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- August 18 2015
South Korean insurers post 30% profit rise
Rise in investment-related earnings is driving net income for local life and non-life insurance companies in Korea.
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- August 18 2015
Global insured losses fall to half 10-year average
Total global insured losses for the first six months of 2015 dropped to half 10-year average of US$29bn, says Swiss Re.
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- August 17 2015
Oceanwide to launch Chinese reinsurer
The Chinese property conglomerate has announced plan to launch a reinsurance start-up.
