News Page 880 / 997
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- June 20 2016
ANZ likely to sell insurance business
The sale is a response to regulatory challenges following the global financial crisis.
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- June 20 2016
Ping An eyes Hong Kong listing of securities unit
The majority-owned subsidiary of Ping An will sell up to 25% of the its total shares in the city.
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- June 20 2016
Losses from Kumamoto quake near US$3bn
Insurance and reinsurance losses continue to mount amid a late surge in claims payouts for damages.
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- June 17 2016
Taiwan firms warned against policy violations
The regulator is concerned about the high number of insurers burdened with excessive fees paid on sales .
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- June 17 2016
Chinese, European regulators to share information
The two industry watchdogs have agreed to share information on their frameworks for pensions and insurance.
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- June 17 2016
First parametric solution for Indonesian provinces
Aswata, Mercy Corps and Swiss Re introduce solution for microfinance institutions in Aceh and West Sumatra.
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- June 16 2016
Aspen offers piracy cover for South-East Asia
An increase in the number of incidents has prompted the launch of piracy and marine hijack cover tailored for the region.
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- June 16 2016
Malaysian takaful sector remains upbeat
The Islamic market is expected to withstand changes in the economic environment and continue growing at least until 2018.
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- June 16 2016
Munich Re and ADB sign US$250m deal
The landmark deal sees the creation of a US$250m insurance capacity on trade transactions in developing Asia.
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- June 15 2016
Korean Re hits new record-high profit
Banking on swelling demand, Korea’s sole reinsurer is confident of continued strong growth.