News Page 803 / 911
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- May 16 2016
Five bidders competing for Dah Sing Life
At least five companies have now expressed interest in buying the insurance unit of Hong Kong's Dah Sing Financial Holdings.
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- May 16 2016
Malaysian consumers ask for more protection on claims
Lack of effective guidelines covering accident insurance claims has resulted in many policyholders being defrauded.
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- May 13 2016
Berkley sets up insurance unit in Asia
Berkley Insurance Asia will offer specialty commercial coverage to clients in North and South-East Asia.
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- May 13 2016
Tokio Marine raises stake in Vietnamese JV
The Japanese insurer is raising its stake in Bao Viet Tokio Marine Insurance to 51% from 49%.
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- May 12 2016
Philippine government sells National Life
The insurance regulator has approved the sale to a consortium of Filipino businessmen for US$23 million.
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- May 12 2016
Cross-border reinsurers win approval in India
Indian insurers are now allowed to make placements with a large number of reinsurers.
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- May 12 2016
Singapore life industry’s premiums up 5% in Q1
The steady growth of direct purchase insurance products has attracted S$730,000 in premiums since launch in April 2015.
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- May 12 2016
Allianz buoyed by demand for sharia policies in Indonesia
Allianz Life Syariah posted a 7.2% gross premium income increase in 2015, rising to US$56 million.
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- May 11 2016
CIRC reportedly checking on Anbang’s investments
The regulator is reportedly sending inspectors to scrutinise investments in real estate and unlisted equities.
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- May 11 2016
Asia to generate 25% of premiums by 2025
Munich Re projects that China will become the second-largest insurance market in the world behind the US.
