News Page 664 / 912
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- March 8 2018
SoftBank to buy up to 33% of Swiss Re
The deal could be valued at about US$10 billion, but details are still unclear.
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- March 8 2018
China’s premium income up 18% in 2017
The growth comes despite regulators' strengthened efforts to reduce risk-taking in the sector.
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- March 7 2018
Korean insurers turn to hybrid securities to boost capital
The issuance comes ahead of the introduction of the new global accounting and stricter local capital standards.
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- March 7 2018
Zurich backs cybersecurity consortium
The group aims to produce a set of standards fintech companies can sign up to and follow.
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- March 7 2018
Hong Kong lawmakers to tackle policyholder protection bill
Legislators aim to establish two compensation funds to protect against insurance firm bankruptcies.
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- March 6 2018
Chubb names new Singapore head
Scott Simpson will move from Sydney to take up the new role after Adam Clifford transferred to Europe.
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- March 6 2018
Korean insurers ask to postpone new capital standards
The K-Insurance Capital Standards are posing a heavy burden on the country's insurance industry.
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- March 6 2018
Axa to acquire XL Group for US$15bn
The French insurer is seizing an opportunity to shift from its predominantly life and savings business.
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- March 5 2018
AIG names chief auditor and global COO for general insurance
Naohiro Mouri moves from Asia-Pacific audit role after promotion of Donna DeMaio to chief operating officer.
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- March 5 2018
Indonesian regulator highlights low penetration
The domestic insurance market is valued at just 2.99% of the country's gross domestic product, says OJK.
