News Page 786 / 1060
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- July 11 2018
China changes rules on director appointments
Under the changes, major shareholders of an insurance firm can no longer nominate independent directors.
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- July 10 2018
Taiwan’s anti-fraud body urges insurers to improve compliance
Officials are urging the nation’s life insurance companies to implement tougher measures to fight money laundering.
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- July 10 2018
Philippine pension fund ups rating requirement for reinsurers
The Government Service Insurance System will require bidders to have a credit rating of at least B+.
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- July 10 2018
Premium income in China drops 5.9%
The decline came as authorities were seeking to improve regulation of the sector to reduce financial risk.
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- July 9 2018
Philippines reinsurer Nat Re posts US$3.8m underwriting profit
It was the fourth straight year that the reinsurer posted positive net income despite large global insured losses.
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- July 9 2018
XL Catlin hires Australian portfolio solutions manager from Zurich
Jonathan Moss will be responsible for portfolio solutions, ensuring business alignment with brokers and managing relationships.
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- July 9 2018
Record rainfall slams southern Japan
The rain is forecast to continue for the next couple of days and many landslide warnings have been issued.
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- July 9 2018
Takaful insurers still struggle to gain foothold in local markets
Firms have not been able to differentiate themselves adequately from conventional insurance companies.
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- July 6 2018
Asia Reinsurance: Diversification and Growth
In 2017, Asia Pacific experienced a relatively benign loss year as total insured losses amounted to less than 5 percent of global insured losses.
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- July 6 2018
China remains the major source of emerging market growth
China now accounts for more than half of emerging market life insurance premiums written, or 11% worldwide.
