News Page 1318 / 1347
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- July 15 2015
Singapore mandates compareFIRST submissions
MAS will require all insurers in Singapore to submit information to new one-stop online portal.
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- July 15 2015
Guy Carpenter hails Panda bond as “historic”
Cat bond exemplifies the benefits of convergence between reinsurance and capital markets, says David Priebe.
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- July 15 2015
Peak Re appoints director for underwriting
Railovy Boyer will work with Peak Re’s underwriting, markets and analytics teams in Hong Kong.
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- July 14 2015
Japan curbs Venezuela trade insurance deals
Depressed oil prices have led to fears that the South American producer may not meet its obligations.
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- July 14 2015
S&P warns Chinese insurers of equity risks
Insurers should stay prudent after China's relaxation of regulatory limits on equity investments.
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- July 14 2015
PICC buys US$1.6bn stake in Fujian bank
The acquisition increases PICC's stake in Hong Kong-listed Industrial Bank Co to 14%.
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- July 13 2015
Allianz Malaysia lowers 2015 growth target
CEO Zakri Khir, however, tells reporters that the insurer continues to expect satisfactory growth for 2015.
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- July 13 2015
India may remove foreign investment cap
India could relax rules as insurance broking is not a "capital-intensive business", says government.
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- July 13 2015
Chinese insurers inject US$18bn of liquidity
Regulator increases the limits for insurers to invest in blue-chip stocks to prop up sky-high stock market valuations.
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- July 13 2015
Fosun completes Meadowbrook acquisition
US insurer will keep its headquarters in Michigan and continue to operate under the Meadowbrook brand.
