News Page 852 / 997
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- October 27 2016
Philippines’ mandatory nat-cat insurance under review
The Philippines’ Insurance Commission will review the proposed compulsory catastrophe insurance cover.
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- October 26 2016
Profits up for Korea’s non-life insurers
A solid performance in the auto insurance segment boosts hope amid lingering low interest rate environment.
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- October 26 2016
Stephen Punch named regional MD of JLT Re
Joining from Willis Re, he will look after regional clients and the retrocession division in Asia Pacific.
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- October 26 2016
Insurers advised to invest in tech startups
Insurtechs are forecast to take centre stage in the industry during the next few years, according to Gartner.
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- October 25 2016
Bangkok Insurance looks to re-enter Vietnam
After pulling out of Vietnam 10 years ago, BKI is studying a possible re-entry into the neighbouring market.
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- October 25 2016
China Oceanwide to acquire US insurer Genworth
The US$2.7 billion cash deal will help Genworth manage its debt and boost its insurance operations.
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- October 25 2016
Asian firms brace for higher healthcare bills
Costs are set to increase by 11.5% this year, more than five times the average regional inflation of 2.1%.
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- October 24 2016
Malaysia probes insurers for anti-competitive practices
Several firms are under investigation over price-fixing in the motor vehicle repair industry.
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- October 24 2016
Korean insurers urged to improve risk controls
With global uncertainties such as protracted low interest rates, new measures are needed.
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- October 24 2016
Mitsui Life looks to outsource bond investments
Low rates have caused the yield of domestic bonds to dive, forcing Japanese insurers to look offshore.
