News Page 1264 / 1347
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- February 2 2016
New players to boost Philippine sales to US$6.3bn in 2016
The Insurance Commission is forecasting ambitious premium income growth of 28% this year.
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- February 2 2016
GIC Re to open China branch
The office will open within the next two to three months, according to chief managing director Alice Vaidyan.
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- February 2 2016
Indonesian firms target country’s 88 million internet users
With just 2.5% insurance penetration, more companies are going online to win customers and boost premiums.
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- February 2 2016
Ping An issues China’s first overseas senior bonds
The US$1.2 billion issuance marks the first senior bond offering from an onshore mainland entity.
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- February 1 2016
Samsung Life buys US$1.27bn Samsung Card stake
The acquisition raises its stake in the credit card business to 71.8%, the two companies said in a disclosure.
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- February 1 2016
Andrew Barrowman joins JLT as Hong Kong head
He moves to the role from JLT Australia, where he was head of specialty, servicing clients across multiple lines.
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- February 1 2016
Malaysia forecast to spend US$20bn on healthcare by 2020
The expected rise is due to chronic diseases, healthcare costs and the declining value of the the ringgit.
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- February 1 2016
Indonesia to limit foreign ownership to 30%
The country's insurance regulator announced its latest protectionist measure to reporters on Friday.
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- January 29 2016
Thailand’s life industry to grow at least 10% this year
A government stimulus packages launched during the fourth quarter of last year will provide a boost.
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- January 29 2016
Malaysia’s first takaful firm posts double-digit profit rise
The growth was attributed to higher sales from both family and general takaful businesses.
