News Page 1212 / 1330
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- June 27 2016
Thanahart and MBK form joint venture
Thailand's sixth-biggest lender and a property developer have formed a life and non-life insurance broker JV.
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- June 24 2016
Korea’s insurance, pension assets hit new record in 2015
Savings have soared as more people increase their assets to prepare for retirement amid low interest rates.
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- June 24 2016
China gives mutual insurance its approval
Three mutual insurance associations have been given the go-ahead by the regulator for a one-year trial.
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- June 24 2016
Indian life premiums up by more than a quarter
New premium collections increased by 26.6% to US$1.57 billion during May, led by state-run companies.
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- June 24 2016
Dai-ichi Life ups stake in Indian insurance venture
The Japanese company has paid US$80m to Bank of India to extend its stake in Star Union Dai-ichi Life to 44%.
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- June 23 2016
Berkshire enters accident and health market in Asia
Philip Brain joins from Chubb to lead entry into group personal accident and business travel products.
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- June 23 2016
Japanese majors raise capital for 2020 rule
Among those that are increasing their capital are Sumitomo Life, Meiji Yasuda Life, Nippon Life and Dai-ichi Life.
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- June 23 2016
Axa plans to raise Asia earnings to US$1.1bn in 2020
The earnings increase is part of plans to increase profitability through cost cuts and digital investments.
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- June 22 2016
Restructuring to hurt Korean insurers in short term
Corporate restructuring initiated by the government may further hurt the capital soundness of domestic insurers.
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- June 22 2016
WeLab considers insurance venture
China's largest mobile lending and credit analytics platform is entering the insurance services business.
