News Page 1291 / 1347
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- October 20 2015
Global insurers to be hit hard by VW emissions scandal
Global insurers such as AIG, ACE, Zurich and Allianz face huge liabilities in D&O claims.
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- October 20 2015
Micro insurance in Taiwan hits 200,000 policies
Since its launch in November 2009, the initiative has insured more than US$200 million.
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- October 20 2015
Korean insurers free to set their own premiums
Financial regulator FSC is promoting greater price competition in the local insurance market.
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- October 20 2015
ANZIIF teams up with Thai Insurance Institute
The Australian and New Zealand institute will provide training for insurers in Thailand.
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- October 19 2015
Taiwan Life acquired by CTBC Financial
CTBC Financial issued US$102.54 million worth of preferred shares as part of a share swap.
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- October 19 2015
Bangladeshi scheme will train insurance practitioners
Professional insurance education is being offered through two private academic institutions.
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- October 19 2015
AIG appoints first independent directors in Singapore
Shirish Apte and Isabella Loh have agreed to a three-year term, effective from mid-October.
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- October 19 2015
Vietnam to ban SOEs from investing in insurance firms
A government decree has banned SOEs from making fresh investments in insurance firms.
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- October 16 2015
AIA’s Malaysia unit to add 5,000 agents this year
AIA has a multi-channel distribution network supported by a current force of 17,000 agents.
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- October 16 2015
IAG drops China to focus on other Asian markets
The Aussie insurer has decided to abandon its plan to further expand in China, according to a report.
