News Page 725 / 911
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- May 22 2017
Prudential replaces Asia head Tony Wilkey
The British insurer has replaced the head of its Asian business after just two years in the job.
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- May 22 2017
PICC plans US$2bn share sale in mainland China
The sale comes more than four years after its subsidiary went public in Hong Kong through a US$3.1bn offering.
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- May 22 2017
China to check sales activities of life insurers
The Chinese regulator said it would beef up oversight as part of its crackdown on irregularities in the industry.
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- May 22 2017
U Mobile, Sun Life ink insurance deal
The partnership represents the first time any Malaysian telco has offered life insurance to its customers.
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- May 19 2017
IFRS 17 to bring greater comparability, KPMG
The new standard will be a huge step towards the convergence of China GAAP for IFRS.
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- May 19 2017
Korea urges firms to calculate contract liabilities from 2021
The Financial Services Commission said the new rule would encourage insurers to better cope with the IFRS 17.
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- May 19 2017
Foresea Life keeps afloat amid Beijing crackdown
Company states normal operations and stable cash flow.
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- May 18 2017
Asian captive market offers room for growth
Asian corporations are starting to appreciate the concept of having captives as an alternative risk-management tools.
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- May 18 2017
China cracks down on universal life policies
The move is expected to hurt many Chinese insurers that have relied on the practice to fund investments.
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- May 18 2017
Ransomware attack spurs rise in cyber demand
Companies and governments are now looking for cyber cover after last week’s WannaCry ransomware attack.
