News Page 794 / 997
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- August 15 2017
Reliance General Insurance to sell 10% stake through IPO
The Reliance Capital unit is the fourth general insurer in India to have announced its intention to list.
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- August 14 2017
Premiums of India’s non-life insurers up 9%
The total surged to Rs97.91 billion (US$1.52 billion) in July, according to data from the insurance regulator released recently.
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- August 14 2017
Ping An to invest $1bn in tech R&D
The group will invest more on tech research and development this year, particularly in the field of artificial intelligence.
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- August 14 2017
Samsung Life posts 26% profit growth
The insurer added that its value of new business was W598.3 billion, up 6.5% over the same period.
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- August 11 2017
Japan’s major life groups post weaker revenues
A decline in premium income dragged down revenues of six of the country's seven leading life groups.
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- August 10 2017
Asia suffers US$10bn catastrophe losses in six weeks
The losses were recorded in July alone due to severe flooding, a catastrophe report from Aon says.
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- August 10 2017
Global broking expands 7% in four years
Broking business in China has led the way, with average annual growth of 16.2% between 2012 and 2016.
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- August 9 2017
Irdai cautions startups backed by PE firms
The regulator has warned that private equity firms need to show proof that they will provide long-term support.
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- August 9 2017
Singapore’s life market keeps on growth track
Momentum in the second quarter was supported by a surge in sales of annual-premium products.
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- August 9 2017
Big data to lower premiums in Asia
P&C pricing in the region is predicted to fall as players welcome a wide range of new technologies.