News Page 846 / 1086
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- January 31 2018
Korea to increase number of online insurers
The regulator's aim is to lower barriers to entry and ramp up competition in the country's financial sector.
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- January 31 2018
Penetration improving in India but still lower than neighbours
At 3.49%, insurance buying in the country is up significantly from 2.7% in 2001, though still lags China.
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- January 30 2018
Japan’s Rakuten to acquire Asahi Fire & Marine Insurance
The e-commerce group has confirmed that it is considering buying the insurer from Nomura.
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- January 30 2018
Chubb names Edward Ler country head for Korea
He replaces Edward Kopp, who was recently appointed country president for general insurance in Thailand.
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- January 30 2018
Philippines to review capital rules for insurers
The capitalisation requirement for local insurance companies is being reviewed in light of a study of Asean rules.
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- January 30 2018
M&A activity among Hong Kong insurers to remain robust
M&A involving insurers in the city hit US$2.84bn in 2017 and growth is expected to continue this year.
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- January 29 2018
Nippon Life eyes more acquisitions
The company's new president says the strategy is driven by Japan’s shrinking population and low interest rates.
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- January 29 2018
Chubb makes senior appointments in Thailand
Nittaya Piriyathamwong will chair the executive committee of Chubb Samaggi while Edward Kopp becomes country president.
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- January 29 2018
SoftBank eyes backing Indian insurance startup
PolicyBazaar, an online insurance aggregator, was valued at US$500m during its last funding round.
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- January 26 2018
2017 was costliest year on record for weather disasters
There were 330 natural catastrophes in 2017, 97% of which were caused by weather disasters.
