News Page 770 / 911
-
- October 12 2016
Koreans spend W100tn on social insurance
Costs last year increased 6.3% from the preceding year, according to the Korea Employers Federation.
-
- October 11 2016
Peak Re and NexAssure enter into MGA partnership
The two companies have entered into a managing general agency agreement in the area of extended warranty insurance.
-
- October 11 2016
Cyclones in September cost global economy over US$4bn
In Asia, Super Typhoon Meranti was estimated to have cost US$2.4bn, mostly in China.
-
- October 11 2016
Proposed tax hike will harm Philippine insurers
The industry will face another challenge if plans to increase value-added tax from 12% to 15% go ahead.
-
- October 10 2016
New payback scheme for savings insurance in South Korea
New scheme begins with completion of insurance premium payment.
-
- October 10 2016
Berkshire Hathaway enters Macau market
The new office will add to BHSI’s regional presence in Singapore and Hong Kong.
-
- October 10 2016
Dai-ichi looks to acquire local rivals as industry returns plummet
Japanese life giant looks to acquire local competitors.
-
- October 10 2016
SBI to sell stake in SBI Life
Bank looking to sell as much as 5% of its 74% stake in SBI Life Insurance to private equity funds.
-
- October 7 2016
NN Life Japan and Sumitomo Life sign collaboration deal
The two Japanese insurers have agreed to work together to target small and medium-sized enterprises.
-
- October 7 2016
Zhong An hires three banks for Hong Kong IPO
The Chinese internet insurer has hired Credit Suisse, JP Morgan and UBS to help it go public in Hong Kong.
