News Page 874 / 1121
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- March 7 2018
Hong Kong lawmakers to tackle policyholder protection bill
Legislators aim to establish two compensation funds to protect against insurance firm bankruptcies.
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- March 6 2018
Chubb names new Singapore head
Scott Simpson will move from Sydney to take up the new role after Adam Clifford transferred to Europe.
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- March 6 2018
Korean insurers ask to postpone new capital standards
The K-Insurance Capital Standards are posing a heavy burden on the country's insurance industry.
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- March 6 2018
Axa to acquire XL Group for US$15bn
The French insurer is seizing an opportunity to shift from its predominantly life and savings business.
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- March 5 2018
AIG names chief auditor and global COO for general insurance
Naohiro Mouri moves from Asia-Pacific audit role after promotion of Donna DeMaio to chief operating officer.
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- March 5 2018
Indonesian regulator highlights low penetration
The domestic insurance market is valued at just 2.99% of the country's gross domestic product, says OJK.
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- March 5 2018
Commercial insurance prices on the rise
An increase in the fourth quarter of 2017 was the first quarterly rise in four-and-a-half years.
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- March 5 2018
Nippon Life eyes majority stake in MassMutual for US$980m
The 85% stake will add a bigger branch network to the Japanese insurer's traditional female agency force.
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- March 2 2018
Three Indonesian unicorns to invest in insurtech startup
The three billion-dollar startups are looking to invest in PasarPolis, an online insurance portal.
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- March 2 2018
Chinese banking, insurance regulators may merge
The country is weighing plans to combine financial watchdogs to bring enhance oversight of the sector.
