News Page 717 / 875
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- January 5 2017
Korea will make fourth attempt at KDB Life sale
Sources say that KDB has extended the maturities of two funds created to look for a new buyer.
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- January 5 2017
IAG keeps catastrophe reinsurance at US$7bn
Even after the reduction of its commercial portfolio, the Australian insurer has maintained coverage levels.
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- January 5 2017
Vietnam’s insurance penetration hits 81.7%
There are now more than 76 million people in the country who are covered by health insurance.
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- January 5 2017
CIRC further tightens rules on insurance industry
The regulator now requires a compliance management system on the holding company of an insurance conglomerate.
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- January 4 2017
Chinese insurers face tighter profit margins this year
Analysts warn that low interest rates and increased regulation will further weaken investment returns.
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- January 4 2017
Singapore’s ElderShield review set to start this month
The review committee will engage with caregivers, insurers and long-term care providers in a public consultation.
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- January 4 2017
Aon Hewitt names Peter Zhang as new China CEO
He succeeds Klaus Liu, who will take on the role of chairman of the consulting business in Greater China.
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- January 3 2017
India finalises listing of public insurers
Listing norms for the country's public insurers will be finalised by the end of this month, a senior official revealed.
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- January 3 2017
India’s public and private insurers in the doldrums
Higher claims, rising operating costs and aggressive sales strategies are taking their toll on profitability.
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- January 3 2017
Insurers in Asia look for new lines amid motor decline
Falling sales in some of the region's major motor vehicle markets has weakened the primary source of premiums.
