News Page 1168 / 1252
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- February 4 2016
Indonesia’s legislators seek limits on foreign ownership
No decision yet on threshold, says OJK, but existing majority owners are hoping for an exemption.
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- February 4 2016
China caps Hong Kong insurance purchases
Foreign exchange regulator is stepping up administrative measures to slow capital outflows.
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- February 4 2016
Asia United Bank seeks bancassurance partners
Bank's president says that potential partners have approached the bank for a possible deal.
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- February 4 2016
China’s iKang acquires 45% stake in NCI Health
Under the deal, NCI and iKang will serve customers across 100 medical centres in China.
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- February 3 2016
China sets new capital requirements for firms
C-ROSS has now been officially implemented to ensure rational growth of the country's insurance industry.
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- February 3 2016
China’s ZhongAn launches cloud insurance with Aliyun
China's first online insurance company has partnered with Alibaba's cloud computing service provider.
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- February 3 2016
Aon forms insurance broking JV in India
The partnership with Indian technology firm Catamaran provide risk management and insurance broking.
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- February 3 2016
Japanese majors complete London acquisitions
Mitsui Sumitomo and Sompo Japan have formally closed deals to acquire Amlin and Canopius.
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- February 2 2016
New players to boost Philippine sales to US$6.3bn in 2016
The Insurance Commission is forecasting ambitious premium income growth of 28% this year.
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- February 2 2016
GIC Re to open China branch
The office will open within the next two to three months, according to chief managing director Alice Vaidyan.
