News Page 749 / 911
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- January 26 2017
China limits insurers’ stock investments to 20%
Chinese insurers will be restricted from buying listed firms or partnering with non-insurance parties.
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- January 26 2017
Nippon Life to venture into project finance
With some Japanese government bonds paying negative yields, insurers are exploring new ideas.
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- January 25 2017
New ILO rules make seafarers’ insurance mandatory
Ship owners are now required to have insurance to cover claims for death or long-term disability.
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- January 25 2017
Thailand’s SCB Life up for sale
The process to sell a 49% stake stalled last year after changes in foreign shareholder rules.
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- January 25 2017
Swiss Re to open Mumbai branch on February 1
India's regulator has approved the Swiss reinsurer’s application for a composite branch licence.
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- January 24 2017
Generali appoints Asia head
Roberto Leonardi will be responsible for managing the P&C and life insurance businesses in Asia.
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- January 24 2017
Slump in China’s life premiums expected this year
The regulator's crackdown and a decline in insurers' investment returns could cause a fall.
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- January 24 2017
Korea mulls revision of health insurance programme
The country's Ministry of Health and Welfare is proposing to reduce fees by as much as half.
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- January 23 2017
Japan to cut auto insurance premiums
Compulsory liability premiums will go down by an average 6.9%, the first fall in nine years.
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- January 23 2017
Hanwha Life opens local HQ in Jiangsu province
The Korean company entered China in 2012, in partnership with Zhejiang International Trade Group.