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- September 3 2018
Prudential Guarantee and Marsh drop complaints in the Philippines
The two parties have resolved their dispute, claiming that it stemmed from an “innocent misunderstanding”.
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- September 3 2018
Malaysia eyes 4% insurance penetration in two years
Sales are healthy among the rich, but the goal is to increase protection among rural and poorer populations.
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- August 31 2018
Citi names new head of Hong Kong insurance business
Alson Ho will be responsible for the growth and management of Citi’s insurance business in the city.
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- August 31 2018
US, India insurance regulators ink cooperation deal
Officials in the two countries have agreed to work together on standards, training and regulation.
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- August 30 2018
Hong Kong eyes tax incentives for specific insurance products
The move is part of the city's efforts to become an international hub for risk management.
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- August 30 2018
FWD to buy HSBC stake in Malaysian insurer
The Hong Kong-based insurer will buy a 49% stake in HSBC Amanah Takaful in Malaysia.
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- August 29 2018
Aspen bought by Apollo for US$2.6bn
The proposed deal ends uncertainty over Bermuda-headquartered (re)insurer.
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- August 29 2018
Allied World Re names Asia-Pacific treaty reinsurance head
Yeo Meng Wong will manage the underwriting team and be responsible for day-to-day operations in Singapore.
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- August 29 2018
State Bank of India to offload stake in SBI General Insurance
Bank wants to reduce ownership before an expected IPO.
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- August 28 2018
Korea’s non-life firms post 17% decline in net profit
The country's auto insurance sector has been forecast to continue to suffer a growing loss in the second half.