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- March 31 2017
Regulator tells Fairfax to sell 25% stake in ICICI Lombard
The Canadian insurer needs to sell the stake to be able to apply for a second licence in the general insurance industry.
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- March 31 2017
Manulife names Asia head as global president
Roy Gori, the former Citi banker who joined the Canadian insurer just two years ago, has been appointed global president.
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- March 30 2017
Citi seeks general insurance partner
Citi is looking for bancassurance partners to sell general insurance products to its client base in Asia.
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- March 30 2017
Insured losses from disasters hit four-year high
The amount of insured losses from disasters increased by US$38 billion in 2016, says Swiss Re.
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- March 30 2017
Chinese JV acquires Standard Life Asia
Heng An Standard Life Insurance has acquired the Hong Kong arm of British insurer Standard Life.
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- March 29 2017
Myanmar opens special economic zone to global insurers
All foreign insurers with local representative offices will be eligible to apply for a licence in the SEZ.
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- March 29 2017
SBI to sell SBI Life stake through IPO
The State Bank of India will sell at least 8% of its current 70.1% shareholding in the life insurance arm.
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- March 29 2017
Japanese life insurers likely to cut premiums next year
With longer life expectancy in Japan, life insurers in the country are expected to reduce premiums by 5–10% beginning 2018.
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- March 28 2017
South-East Asia life market to grow up to 13% through 2020
Despite its recent expansion, the region's insurance sector remains comparatively underdeveloped.
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- March 28 2017
New framework launched to help city officials and insurers improve infrastructure resilience
Cities will need to overhaul their approach to risk management if they are to make their infrastructure more resilient to catastrophic events, says a new report published by Lloyd’s, the specialist insurance and reinsurance market, and global engineering consulting firm, Arup today.
