News Page 765 / 911
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- November 3 2016
Profit drop eases for China’s insurers
Lower yields on insurance funds dragged down the profits of China's insurance firms in the first nine months.
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- November 3 2016
Philippine lawmakers back lower taxes on non-life insurance
Hopes are high that proposals to reduce taxes imposed on non-life insurance in the Philippines will eventually be approved.
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- November 2 2016
Negotiations extended for sale of Felda’s AXA Affin stake
Talks between Affin and the state-run planter’s stake will be allowed to extend for another three months.
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- November 2 2016
India’s non-life gross premiums up 86% in September
Among the 23 private sector players, HDFC Ergo General's underwritten premium almost tripled.
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- November 2 2016
India requires reinsurance applicants to bring in capital
IRDA moves closer to final approval with a capital request of Rs5 billion (US$75 million) each.
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- November 2 2016
Korean life insurers cut workforce amid profit decline
The layoffs are primarily geared toward cutting costs in an environment of low interest rates.
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- November 1 2016
Allianz Malaysia approved to buy HSBC Amanah Takaful
Negotiations between all parties are expected to be concluded within the next six months.
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- November 1 2016
Metlife to exit Indian insurance venture
The US insurer will sell its 26% stake in PNB Metlife to focus on challenges in its home market.
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- October 31 2016
Private health insurance continues apace in China
China’s private healthcare insurance market is developing at a staggering pace.
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- October 31 2016
Challenger enters Japanese market
It will sell Aussie dollar annuities through a deal with Mitsui Sumitomo Primary Life Insurance.
