News Page 802 / 997
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- July 4 2017
Fitch sees further growth in Indonesia’s insurance sector
The rating agency forecasts significant benefits from recent positive economic developments.
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- July 4 2017
Mitsui & Tokio Marine to cover bitcoin trades
Two Japanese insurers are set to offer compensation for failed virtual currency transactions.
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- July 3 2017
Malaysia’s new motor insurance pricing scheme starts
The insurance industry will see stiffer competition for motor premiums as liberalisation sets in.
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- July 3 2017
China’s ZhongAn files US$1.5bn IPO in Hong Kong
China's first internet-only insurer may launch its initial public offering before the end of the year.
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- July 3 2017
Ageas, EastWest launch Philippines digital venture
Troo will address access to health care, education for children, as well as support during retirement.
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- July 3 2017
OCBC sells 33.3% stake in Hong Kong Life Insurance
The sale to First Origin International yielded a return of around US$309m.
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- June 30 2017
Chinese majors target more overseas investments in 2018
About 64% of mainland insurers are planning to increase allocation to international markets, says Standard Life.
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- June 30 2017
CIRC crackdown hits universal life sales
Premiums are down 59% year-on-year on the back of an aggressive campaign to tame market players.
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- June 30 2017
AGCS to open Seoul branch
The Allianz unit is the first foreign non-life insurer in almost a decade to open in Korea.
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- June 30 2017
Guy Carpenter launches Asia retrocession unit
The new operation will focus on retrocessional solutions, capital raising and product and capacity development.
