News Page 1273 / 1276
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- April 9 2015
Myanmar sets rules for foreign insurance firms in economic zones
Foreign insurance companies required to pay a license fee to be allowed to operate in the country's special zones.
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- April 9 2015
China Life and Ping An make their first US real estate investment
The project includes a 13-story office building and a 100-unit, nine-story condominium tower.
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- April 9 2015
US eases collateral requirements for Japanese reinsurers
Reinsurers licensed and domiciled in Japan can now operate in the US with reduced levels of collateral.
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- April 8 2015
Bank Rakyat Indonesia to acquire local life insurance company
Bank to allocate approximately USD232 million to fund its planned acquisitions.
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- April 8 2015
Vietnam insurer to sell shares to foreign strategic investors
Company to also open two seats on its managing board for investors.
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- April 8 2015
Islamic insurance leaders to meet in Dubai to discuss challenges
Takaful industry facing a number of challenges as well as increasing appetite for shariah-compliant products.
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- April 7 2015
Taiwanese insurers face higher risks as forex holdings rise
Local insurance firms have minimal margins to absorb unfavorable foreign fluctuations.
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- April 7 2015
Malaysia’s life insurance industry to grow up to 10% in 2015
Government has set a target of at least 75% of insurance coverage for Malaysians by 2020.
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- April 3 2015
Pakistan raises minimum capital requirements
According to the SECP, raising the minimum paid-up capital requirements for insurers is an attempt to strengthen the country's insurance sector.
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- April 3 2015
Generali names Jack Howell as Asia head
Howell will be responsible for Generali's activities in 10 Asian markets, succeeding Sergio Di Caro, who was been appointed head of Generali Employee Benefits.
