News Page 1290 / 1309
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- June 10 2015
China’s Fosun in final stage of acquiring Israel’s biggest insurer
Fosun set to acquire Israel's Pheonix Group for US$858M.
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- June 9 2015
China’s private hospitals to be eligible for reimbursement
Threshold for private healthcare providers also to be lowered.
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- June 9 2015
Japan’s Tokio Marine seeks overseas bancassurance deals
Japanese insurance giant has spent over US$8bn on international deals since 2008.
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- June 9 2015
AXA launching units in Singapore, Hong Kong and Shanghai
Data Innovation Lab in Singapore to conduct R&D work using data analytics.
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- June 9 2015
India seeks assets reconstruction insurance
Cover to compensate for the cost of reconstruction after natural disaster.
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- June 8 2015
Japanese life insurers to continue raising foreign bond investments
Increasing allocations to high-grade foreign bond investments set to continue.
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- June 8 2015
MSI permitted to operate in Myanmar’s Thilawa Special Economic Zone
Obtains a provisional permit to underwrite general insurance from regulators.
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- June 8 2015
Shanghai insurance exchange to get approval this year
Exchange will offer risk securitisation products, catastrophe bonds and insurance derivatives, according to reports.
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- June 8 2015
Five Asia Pacific countries have high terrorism risk – Aon
Indonesia, Thailand, Myanmar, Philippines and North Korea remain as high risk countries.
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- June 4 2015
India’s LIC becomes second foreign insurer to enter Bangladesh market
LIC to start operations as a JV entity with a paid up capital of BDT1bn (US$12.86m).
