News Page 1206 / 1276
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- December 9 2015
AIG selling US$1bn stake in PICC P&C
The deal marks the second time that AIG is cutting its shareholding in the Chinese state insurer.
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- December 9 2015
China’s first insurance development index released
The index shows 70% of total insurance fees during 2014 were from vehicle insurance.
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- December 9 2015
Prudential planning to sell PCA Life Korea
The British insurer is reportedly selling its Korean unit as part of an Asian restructuring.
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- December 9 2015
HK’s Insurance Authority needs HK$650m seed cash
The insurance body will regulate the city's sales force and crack down on malpractice.
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- December 8 2015
China’s non-life sector likely to weaken, says Fitch
The sector's growth dynamics could weaken if vehicle sales continue to stagnate.
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- December 8 2015
Conning appoints Bo Kratz as Asia Pacific CEO
He will lead the regional strategic plan for both Conning and Cathay Financial Holdings.
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- December 8 2015
Zurich looking outside for next CEO
The company's board wants to bring in an outsider after Martin Senn's resignation last week.
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- December 8 2015
Fubon gets green light to buy stake in Hyundai Life
Korea's Financial Services Commission has approved the purchase of a 48% stake.
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- December 7 2015
China eases rules on insurers’ overseas offices
CIRC scraps requirement for Chinese insurers to get pre-approval to open offices abroad.
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- December 7 2015
Korea’s online car insurance competition heats up
A new online insurance supermarket is creating fierce competition among car insurers.
