News Page 1238 / 1253
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- May 21 2015
India’s general insurance industry sets US$15bn premium target this year
Increase in third-party motor premiums and fire and property premiums seen as factors.
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- May 21 2015
New insurance law in Vietnam creates confusion
Complex rule has prompted some 1.2 million people to opt out of medical insurance.
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- May 21 2015
Majority of Australians regard insurance purchase as investment
Findings from a survey commissioned by Australian insurer Budget Direct.
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- May 21 2015
Two-year master plan to drive Asean insurance industry’s growth to 7%
Universities also approached to promote the industry as a major profession of choice.
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- May 20 2015
High capital requirement awaits regional insurers in India
Draft amendment requires all new entrants to maintain a minimum capital of INR1bn (US$15.7m).
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- May 20 2015
Japan’s Nippon Life to acquire operator of insurance agencies
Acquisition is part of Nippon Life's aim to acquire independent agencies.
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- May 20 2015
Vietnam launches social insurance e-portal
Launch of the e-portal forms part of Vietnam Social Insurance's (VSI) efforts to reform its administrative procedures.
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- May 20 2015
Allianz Global names new Dubai CEO
Willem van Wyk to lead the Dubai office of the specialty insurance services arm.
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- May 19 2015
Asia-Pacific SMEs more vulnerable to natural disasters
SMEs in the APEC region usually have no or limited disaster insurance and limited access to credit.
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- May 19 2015
Insurance industry ready to adopt tougher global rules
Reducing compliance costs and maintaining capital efficiency sought by The Geneva Association.
