News Page 641 / 881
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- February 5 2018
Axa to open shared service centers in Manila, Kuala Lumpur
Company officials say the new centres will become information technology hubs for Japan and the rest of Asia.
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- February 5 2018
India unveils three-way merger of state-owned insurers
National Insurance, United India Insurance and Oriental Insurance are set to merge to form a single entity.
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- February 2 2018
Asia lagging world in insurtech innovation
A report by Willis Towers Watson shows that insurtech startups in Asia account for just 7% of the global total.
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- February 2 2018
Indian life companies push for separate limit on tax exemption
The sector is looking at introducing various supportive measures in the upcoming state budget.
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- February 2 2018
Philippine life sector to log double-digit growth
The expansion is being driven by the country’s strong demographics and the impact of tax reforms.
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- February 1 2018
Swiss Re opens new Asian HQ in Singapore
It has also appointed a new regional board of directors, chaired by Lim Siong Guan, formerly of GIC.
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- February 1 2018
Operating cash flow of China’s insurers drops 65% in 2017
The decline is attributed to the intensified and widespread crackdown on risks and foul play in the sector.
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- February 1 2018
Cat bond market hit record US$11bn issuance in 2017
In total, 35 catastrophe bonds were issued by 31 different sponsors in the insurance-linked securities sector.
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- January 31 2018
Korea to increase number of online insurers
The regulator's aim is to lower barriers to entry and ramp up competition in the country's financial sector.
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- January 31 2018
Penetration improving in India but still lower than neighbours
At 3.49%, insurance buying in the country is up significantly from 2.7% in 2001, though still lags China.
