News Page 886 / 997
-
- May 25 2016
AXA to divest US$2bn tobacco industry assets
The group will sell its investments as part of its commitment to being a responsible health insurer and investor.
-
- May 24 2016
World Bank sets up US$500m catastrophe fund
The fund, which is the first of its kind in the world, will combat pandemics in poor nations.
-
- May 24 2016
Thailand eyes compulsory insurance for rice farmers
The scheme is intended to ease the government's burden in helping farmers in the event of a calamity.
-
- May 23 2016
Solvency ratios of 11 Chinese insurers near regulatory limit
At least 10 life insurance firms and one property insurance firm have solvency ratios that are nearing the regulatory red line.
-
- May 23 2016
Kumamoto quake payouts are Japan’s second-largest
The recent earthquakes in and around Kumamoto Prefecture have incurred insurance payouts US$1.13 billion.
-
- May 23 2016
Chinese operations boost Ageas’s Q1 profit
Ageas has posted a better-than-expected net profit for the first quarter of the year, thanks to new business premiums in China.
-
- May 23 2016
Friends Provident names new Singapore MD
Andrew Waddell was previously principal and executive director at Lahinch Partners and co-led the establishment of AMP Advice.
-
- May 20 2016
Shanghai insurance exchange to launch next month
Ninety-one Chinese companies have agreed to pool their resources to come up with the capital needed for the exchange.
-
- May 20 2016
Japan’s top non-life insurers post record profit
Among other contributing factors, the mainstay auto cover business continued to boost earnings.
-
- May 20 2016
India to revise IPO guidelines for insurers
The regulator has been working on changes to the existing public offering norms and expects to announce them soon.
