News Page 643 / 912
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- June 20 2018
IAG sells operations in Thailand, Indonesia and Vietnam
Tokio Marine & Nichido Fire Insurance has bought the underperforming units for at least US$390m.
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- June 20 2018
British insurers target Belt-and-Road role
London has historically embraced insuring new risks and sees the Chinese infrastructure plan as a golden opportunity.
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- June 19 2018
Cyber insurance market to hit US$29.2bn in 2025
A new report from Progressive Markets shows that the sector could grow at an annual rate of 27.5%.
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- June 18 2018
Japanese life insurers post best profits in decades
Despite facing low interest rates for more than 20 years, the major insurers remain profitable.
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- June 18 2018
Insurable value of World Cup teams estimated at £13.1bn
The French team has the largest insurable value , followed by England, Brazil, Germany and Belgium.
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- June 18 2018
Ex-CIRC head Xiang Junbo pleads guilty to bribery
The former chairman of China’s insurance regulatory body expressed remorse in his closing statement.
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- June 15 2018
ING, Axa sign partnership
The two institutions have forged a bancassurance partnership, initially covering parts of Europe and Australia.
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- June 15 2018
Philippine insurers ready to fund infrastructure projects
The government is relying on development financing, but the country's life insurers would like to get involved.
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- June 15 2018
India’s life firms post 9% premium growth
Life Insurance Corporation generated most of the growth, while many companies experienced declines.
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- June 14 2018
Malaysia to further review ownership rules for foreign insurers
The review may result in the country's central bank deferring the requirement to cut ownership to 70%.
