News Page 811 / 911
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- April 12 2016
India’s life industry forecast to grow at 15%
The industry's annual premium equivalent increased 6% year-on-year in the first nine months of fiscal 2016.
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- April 12 2016
Malaysian takaful firms outperform Mid-East counterparts
The country's Islamic players are earning significant profits thanks to lower loss ratios.
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- April 11 2016
Aioi Nissay Dowa to move away from JGBs
The non-life arm of MS&AD said it will instead look for positive yields in corporate debt.
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- April 11 2016
One Belt One Road spurs marine insurance demand
Zurich has predicted a rise in demand after the initiative raises the number of overseas projects.
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- April 11 2016
China mulls national network for health settlement
The reform will allow Chinese citizens to reimburse their medical expenses around the country, according to a report.
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- April 11 2016
China imposes 6% VAT on insurance services
Sales tax will apply from May 1 this year, according to a circular jointly issued by the finance ministry and tax office.
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- April 8 2016
China’s first insurance exchange to launch in June
The exchange is part of Shanghai's goal of becoming an international insurance centre by 2020.
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- April 8 2016
Korea’s life policy cancellation rates hit record high
Policyholders cancelled contracts worth W18.5 trillion during 2015, according to a survey by industry group KLIA.
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- April 8 2016
XL Catlin promotes David Guest to lead Singapore business
In addition to responsibility for Singapore, he will retain his current role as regional leader for crisis management.
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- April 7 2016
Zhong An posts US$30m net profit in 2015
China's first and only internet insurance licence holder saw premiums grow 200% to US$339m last year.