News Page 1307 / 1331
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- June 25 2015
China’s largest P&C insurer gets Moody’s upgrade
IFSR of PICC P&C upgraded to Aa3 from A1, with stable outlook.
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- June 25 2015
ACE Group names new Vietnam country president
Dang Hoang Tung joins multiline property and casualty giant from AIG Vietnam.
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- June 24 2015
Swiss Re becomes first Swiss firm to obtain China’s RQFII licence
RQFII programme allows the reinsurer to gain access to the Chinese financial market.
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- June 24 2015
Insurance bought through financial advisers said to be cheaper
Report based on the analysis of more than 20 life insurance offers in Australia.
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- June 24 2015
Allianz launches new products targeting PWDs in Malaysia
Plans to cooperate with NGOs supporting PWDs in distributing the products.
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- June 24 2015
JLT Re names Asia Pacific veteran as global COO
Craig Brokenshire, formerly COO of JLT's Asia Pacific region, moves from Singapore to London to take up new role.
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- June 23 2015
Bangladesh regulator suspends Standard Insurance
Suspension follows failure to reinsure BDT463.3m (US$5.98m) worth of its policies.
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- June 23 2015
Fosun to buy Israeli insurer Phoenix for US$471m
Phoenix Holdings owner, still has the option to cancel the deal if not closed after five months.
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- June 23 2015
India’s general sector posts 12.3% growth in premium collections
The majority of the premium growth came from the four state-run general insurers.
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- June 23 2015
Vietnam’s non-life industry faces shortage of qualified actuaries
Only one actuary in Vietnam said meets the national standards.
