News Page 1207 / 1252
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- September 11 2015
Reinsurance prices likely to drop in 2016, says Moody’s
Rates are forecast to fall by up to 10% in 2016, but the decline will be less than in the past few years.
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- September 11 2015
Generali launches Obi app in Vietnam
Generali has struck a deal to embed its native insurance app in Obi mobile phones in Vietnam.
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- September 11 2015
Samsung Life seeks to enter Philippine insurance market
The Korean insurer is reportedly in talks with PNB, alongside several other foreign life insurers.
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- September 10 2015
CEO resignation will not affect Zurich’s US$12bn bid for RSA
Mike Kerner will step down as CEO at the end of the year for personal reasons, but bid goes ahead.
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- September 10 2015
Philippine insurers favour mandatory earthquake insurance
Insurers have submitted a proposal on compulsory earthquake insurance to the finance secretary.
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- September 10 2015
Malaysia to reach 70% life insurance penetration by 2020
The country's life insurance sector is proving resilient to current economic pressures, says MII.
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- September 10 2015
China firm launches overtime insurance scheme online
People in China who usually have to work overtime may now be able to take a new type of policy.
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- September 9 2015
Mitsui Sumitomo to buy Amlin for US$5.3bn
The Japanese company will pay a 36% premium to shareholders of the Lloyd's of London insurer.
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- September 9 2015
Tianjin’s insurance losses could reach US$3.3bn
The accident is likely to constitute one of the largest insured man-made losses to date in Asia.
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- September 9 2015
QBE hires Martin Allan to head claims for Asia Pacific
The former Singapore country manager for Crawford & Co is tasked with strengthening claims capability.
