News Page 903 / 995
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- March 9 2016
Taiwan uncovers US$9m health insurance fraud in 2015
The National Health Insurance Administration has punished 383 hospitals, clinics and pharmacies.
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- March 8 2016
Manulife hires regional CMO from Citi
Francesco Lagutaine is moving from New York to join as chief marketing and experience design officer for Asia.
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- March 7 2016
India’s health protection gap among Asia’s biggest
India's health protection gap is projected to rise by 12.3% annually and reach US$214 billion by 2020.
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- March 7 2016
Zurich Australia buys Macquarie’s life business
The Swiss insurer has paid a still undisclosed amount for the acquisition, which is due to close in the second half.
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- March 7 2016
Shanghai mayor urges insurers to provide more products
Yang Xiong has said Chinese and foreign insurance firms should innovate more products in the city.
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- March 4 2016
Nippon Life boosts dividend after profits hit nine-year high
For the second straight year, dividends are up by an average of 10% to 15% for its roughly 2.15 million policyholders.
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- March 4 2016
Strong growth for Indonesia’s general insurance sector
Growth is expected to be 15% to 20% this year, or about triple the 6.7% expansion posted last year.
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- March 4 2016
Singapore likely to keep status as Asia’s top insurance hub
Stable government and favourable tax regime are just a few of the major factors that favour the city state.
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- March 4 2016
China slowdown prompts Moody’s downgrades
The central government's capability to support insurers on a broad basis could be weaker than previously assessed.
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- March 3 2016
Japan’s major life firms turn their backs on JGBs
Negative yields on some Japanese government bonds are forcing the country's life insurers to look at foreign bonds.