News Page 825 / 1122
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- October 23 2018
China’s PICC reduces planned IPO
The Chinese insurer cited market conditions as it announced that it is scaling back its IPO.
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- October 23 2018
Former Alliance Financial chairman joins Labuan FSA
Oh Chong Peng has been appointed to the Financial Services Authority until 2020.
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- October 22 2018
Prudential completes 65% acquisition of TMB Asset Management
Insurer expands asset management capabilities in Thailand.
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- October 22 2018
Axa XL’s move to Ireland gains approval
Global insurance giant a step closer to passporting to Europe from Dublin post Brexit.
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- October 22 2018
Typhoon Jebi to cost Swiss Re US$500m
Overall, the company estimates total claims from natural catastrophes to reach US$1.1bn in the third quarter.
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- October 22 2018
MSIG Asia appoints new chief risk officer
William Song has taken over the CRO portfolio from Paul Faulkner, head of risk management and technical services.
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- October 19 2018
AIG’s catastrophe losses above US$1.5bn in Q3
Global insurer's results hit by multiple large natural catastrophes in the third quarter.
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- October 19 2018
China’s premiums surged past US$500bn in 2017
It is now the world's second-biggest insurance market according to research by KPMG and ZhongAn.
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- October 19 2018
IFC invests US$7m in Thai online broker
The investment recognises Roojai as an online insurance platform that promotes financial inclusion.
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- October 19 2018
Allianz eyes 6% annual growth in Thailand
The country's low insurance penetration means insurers still have a large opportunity to expand.
