News Page 809 / 997
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- May 26 2017
Top Japanese life firms post steep premium income fall
The negative interest rate policy of Japan’s central bank has weighed on investment income.
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- May 26 2017
Strong currency puts pressure on Taiwan life insurers
The venture offshore in search for higher yields is creating exposure to unfavourable capital and currency fluctuations.
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- May 26 2017
Asian-American group to buy Fidelity for US$1.84bn
CF Corp announced it would buy the US annuities and life insurer via an all-cash transaction.
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- May 25 2017
Doubts on HDFC Life, Max Life merger unresolved
The proposed merger has not received any opinion from the country’s attorney general.
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- May 25 2017
Swiss Re Corporate Solutions appoints Asia-Pacific CEO
Jonathan Rake will move from his current position as head of South-East Asia to take up the new role.
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- May 25 2017
Tokio Marine to pare down stake in Malaysia business
The move is part of Bank Negara Malaysia’s ruling for foreign insurers to cut their stake to 70% in local life insurers.
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- May 25 2017
China insurers’ solvency remains at a healthy level
First-quarter capital adequacy reflects efforts to keep risks within control, says the insurance regulator.
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- May 24 2017
Korean insurers’ profit climbs on dividend income
The country's insurers' posted a 24.4% on-year combined net profit rise in the first three months of the year.
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- May 24 2017
Chinese insurers urged to invest in infrastructure
The Chinese regulator says that such projects will be given easier access to insurance funds to boost economy.
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- May 24 2017
Malaysian liberalisation could raise penetration rate to 75%
The insurance and takaful penetration rate in the country has ranged between 54% and 56% over the last five years.
