News Page 853 / 1122
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- June 18 2018
Insurable value of World Cup teams estimated at £13.1bn
The French team has the largest insurable value , followed by England, Brazil, Germany and Belgium.
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- June 18 2018
Ex-CIRC head Xiang Junbo pleads guilty to bribery
The former chairman of China’s insurance regulatory body expressed remorse in his closing statement.
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- June 15 2018
ING, Axa sign partnership
The two institutions have forged a bancassurance partnership, initially covering parts of Europe and Australia.
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- June 15 2018
Philippine insurers ready to fund infrastructure projects
The government is relying on development financing, but the country's life insurers would like to get involved.
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- June 15 2018
India’s life firms post 9% premium growth
Life Insurance Corporation generated most of the growth, while many companies experienced declines.
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- June 14 2018
Malaysia to further review ownership rules for foreign insurers
The review may result in the country's central bank deferring the requirement to cut ownership to 70%.
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- June 14 2018
Prudential gets nod to increase investment in Vietnam
It is raising its chartered capital to about US$181.8m after winning approval from the finance ministry.
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- June 14 2018
FWD hires FIG banker as group corporate transactions officer
Petter Sternby joins from Standard Chartered, where he was head of the financial institutions advisory team.
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- June 14 2018
China orders life insurers to tighten reporting standards
New regulatory rules require better asset-liability management and reporting of cash flows.
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- June 13 2018
China says insurance sector’s risks generally controllable
The CBIRC says risks facing the insurance sector are complicated but solvency ratios remain stable.
