News Page 812 / 1061
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- March 13 2018
Taiwanese life insurers warned against investment practices
Fixed-income assets reportedly constitute less than 20% of local life insurers’ total investments.
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- March 13 2018
NongHyup expands insurance business in China, Vietnam
The Korean group is expanding its insurance business as part of efforts to strengthen its overseas portfolio.
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- March 12 2018
Philippines eyes initiatives to boost insurance sector
The measures are aimed at encouraging microinsurance and increasing digitalisation of the industry.
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- March 12 2018
Dai-ichi Life to enter Cambodian market
The Tokyo-based insurer will establish a wholly owned subsidiary as early as this month.
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- March 9 2018
Prudential’s Malaysian unit eyes stake sale
The sale of a 30% stake to Kumpulan Wang Persaraan could generate proceeds of about US$435m.
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- March 9 2018
Asian insurance M&A collapsed in 2017
The number of deals fell 42% thanks to foreign currency restrictions and regulatory uncertainty in China.
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- March 9 2018
China revamps insurance rules for more transparency
The move is also aimed at eliminating fake capital injections and illegal shareholding entrustment.
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- March 9 2018
Aviva Asia posts 55% new business growth
The value of new business in China doubled, driven by expansion in agency and broker channels.
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- March 8 2018
SoftBank to buy up to 33% of Swiss Re
The deal could be valued at about US$10 billion, but details are still unclear.
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- March 8 2018
China’s premium income up 18% in 2017
The growth comes despite regulators' strengthened efforts to reduce risk-taking in the sector.
