News Page 1248 / 1276
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- July 13 2015
India may remove foreign investment cap
India could relax rules as insurance broking is not a "capital-intensive business", says government.
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- July 13 2015
Chinese insurers inject US$18bn of liquidity
Regulator increases the limits for insurers to invest in blue-chip stocks to prop up sky-high stock market valuations.
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- July 13 2015
Fosun completes Meadowbrook acquisition
US insurer will keep its headquarters in Michigan and continue to operate under the Meadowbrook brand.
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- July 10 2015
ACE Group names new country head for the Philippines
Peter van Ratingen replaces Daniel Daly at property and casualty giant.
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- July 10 2015
Chinese monsoon losses almost US$4bn in June
The amount is the largest impact of the month, according to Aon Benfield's Impact Forecasting unit.
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- July 10 2015
Cancer insurance likely to become a key market in India
Currently 75% of cancer patients in the country pay for their own treatment.
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- July 10 2015
Solera invests US$5m to support China’s auto insurance market
Company set to open a Beijing research facility through the Solera Technology Center (STC).
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- July 9 2015
Shares of Korean insurers trading below IPO prices
Lower share prices reflect concerns about negative margins in the life insurance business, according to analysts.
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- July 9 2015
Australia’s health insurer NIB buys World Nomads for US$95m
Acquisition of the country's third-largest travel insurance provider to be funded through surplus capital and debt.
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- July 9 2015
Termination fees set for Aetna-Humana acquisition
Combined firm set to become number two health insurer in the United States.
