News Page 648 / 873
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- November 20 2017
Korean insurers ask for government help on earthquake risk
Insurers say earthquake policies will not be profitable unless the government shares a bigger financial burden.
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- November 20 2017
Insurance telematics make up 10% of market share
The market is expected to reach US$114bn by 2025 thanks to the swift penetration of smart connectivity systems.
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- November 17 2017
AIA launches HK’s first blockchain-enabled bancassurance
The technology will cut the time it takes to process insurance applications while improving transparency.
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- November 17 2017
Insurers in Malaysia target local capital
Global insurers are aiming to comply with the June 2018 deadline to achieve a 30% local shareholding.
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- November 17 2017
Asia drives Prudential’s new-business profit
Higher sales volumes and a boost from higher interest rates have driven results so far this year.
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- November 16 2017
Moody’s welcomes China’s removal of foreign ownership cap
The new regime is credit positive for both foreign and domestic life insurers, says the rating agency.
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- November 16 2017
Insurance M&A increases in value
“Fewer in number, but higher in value” says Willis Towers Watson in its recent survey.
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- November 16 2017
Manulife appoints Singapore CEO
Khoo Kah Siang joins from Great Eastern and will take up the role in February next year.
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- November 16 2017
Axa to focus on 16 key markets
The company has said that it may sell some assets in countries where it lacks scale.
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- November 15 2017
HK to collect levy from insurance policyholders
The Insurance Authority will start at 0.04% during the first phase and will gradually increase.
