News Page 863 / 997
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- September 2 2016
Insurance purchases by mainlanders hit record high in HK
The increase came even as China’s regulators took further steps to limit purchases of the products.
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- September 2 2016
Singapore introduces new rules on premium payments
The clearer rules are expected to lessen claim disputes between insurers and customers.
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- September 2 2016
Swiss Re unit secures HK general insurance licence
The new branch expands Swiss Re Corporate Solutions' operations across Asia Pacific to 10 offices.
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- September 1 2016
Philippine deposit insurer issues warning
The insured status of institutions that engage in unsafe deposit-related banking practices will be terminated.
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- September 1 2016
Tokio Marine eyes RHB’s general insurance unit
The deal is estimated to be worth up to US$500m, based on a price of around three times book value.
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- September 1 2016
Anbang seeks approval to buy Allianz Korea
The Chinese insurer has already won regulatory approval from authorities in Beijing.
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- August 31 2016
China Life to increase outbound investment
After a 67% profit plunge in the first half of 2016, the Beijing-based insurer is shifting US$47b offshore.
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- August 31 2016
Harden appointed president of Willis Re APAC
Michael Harden takes on the Asia-Pacific role after serving as CEO of operations in Bermuda.
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- August 31 2016
HMOs want to renegotiate Philippines guidelines
An industry group says the new requirements are too stiff given that this is the first time they are being imposed.
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- August 30 2016
Indian life insurers keep up high growth rates
New premiums were buoyed by better distribution channels, low rates and better expectations from unit-linked products.
