News Page 893 / 997
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- April 25 2016
Nearly US$4bn of losses for Japan, Ecuador quakes
Property losses may reach as much as US$2.9 billion for the earthquakes in Japan alone.
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- April 25 2016
Philippines tightens rules on pre-need, health insurance
The regulatory tightening follows a shortage in the trust fund of a local pre-need company.
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- April 22 2016
Dai-ichi Life boosts foreign bond and alternative asset holdings
The move is aimed at diversifying the insurer's portfolio risk and strengthening income generation.
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- April 22 2016
Japan, Ecuador quakes forecast to hit earnings
Recent earthquakes in Japan and Ecuador will substantially affect second-quarter earnings, says Morgan Stanley.
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- April 22 2016
China Life warns of big net profit decline for Q1
Asia-Pacific's biggest insurer says the drop could be as much as 60% due to a plunge in investment income.
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- April 22 2016
AIA bullish on Philippines despite low penetration
Insurance penetration has slowed to a growth rate of less than 2% during the past seven years.
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- April 21 2016
China’s property players eye insurance sector
High land costs and a growing need for cash-yielding assets is driving developers to bid on insurance operations.
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- April 21 2016
Japan’s negative rates seen forcing premiums hikes
Rates for savings-type products could go up by 10% to 20% by April 2017 to counteract the interest rate environment.
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- April 21 2016
Global insurers bullish on private equity returns
A quarter of CIOs and CFOs plan to increase allocations to private equity as they seek ways to increase returns.
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- April 20 2016
Korea to reform motor premiums to punish bad drivers
Insurance will be priced based on the specifics of each case to encourage reckless drivers to be more careful.
