News Page 836 / 997
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- January 19 2017
Philippine insurers given capital requirement deadline
Regulators have given insurance companies until April this year to meet the minimum capital target.
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- January 19 2017
China to lower foreign investment restrictions
The State Council said it will cut restrictions on insurance, banking, securities and other sectors.
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- January 18 2017
Berkshire enters Malaysia’s non-life reinsurance market
The Labuan licence adds to the company's existing presence in Singapore, Hong Kong and Macau.
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- January 18 2017
India’s new business life premiums up in December
Private life players posted 42% growth in premiums thanks to an increase in financial savings.
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- January 18 2017
Bharti Axa appoints Sanjeev Srinivasan as chief exec
The new CEO joined from ICICI Lombard in August 2016 as chief commercial and principal officer.
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- January 17 2017
Nan Shan Life takes over Chaoyang Life in Taiwan
The Taiwanese government is paying NT$200m to take over loss-making insurer before May this year.
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- January 16 2017
Hanwa Life Indonesia mulls IPO in 2019
The IPO is part of an effort to meet the regulator's 80% foreign ownership limit for insurers.
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- January 16 2017
Sony Life inks deal with Australia’s ClearView Wealth
The agreement will see the two companies sharing information to drive efficiency and growth.
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- January 16 2017
Premium income up 29% in China
The country's insurers earned US$449.4bn from premiums in 2016, according to CIRC.
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- January 13 2017
Aegon Life forecasts online insurance growth in India
Buying insurance products in the country will soon be similar to booking a plane ticket online.