News Page 914 / 1120
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- August 28 2017
Philippine brokerage activities show modest hike
Premium income reached US$994m in 2016, representing an increase of 2.46% from 2015.
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- August 25 2017
Anbang Life’s credit rating lowered
A Chinese rating agency has downgraded the insurer three months after CIRC curtailed its operations.
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- August 25 2017
JLT and Munich Re launch Philippines parametric product
The two companies will jointly develop and offer an insurance solution to cover typhoon risks.
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- August 25 2017
Mitsui Sumitomo to buy Singapore’s First Capital
The deal will see it pay US$1.6bn to the existing owner, Canada's Fairfax Financial Holdings.
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- August 24 2017
Tokio Marine & Nichido Fire enters Cambodian market
The Japanese insurer has established a representative office in the capital Phnom Penh and will start operations year end.
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- August 24 2017
Lazada, AIG forge online cover deal in Malaysia
South-East Asia's biggest e-commerce platform has teamed up with AIG to sell insurance on its platform.
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- August 23 2017
Chubb names new Singapore financial lines head
Johannes Gschossmann will lead day-to-day management of the portfolio, including all underwriting and market-related activities.
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- August 23 2017
Philippines social security seeks private insurers
The state-run programme is planning to tap private companies to insure 35 million of its members.
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- August 23 2017
Japan Post additional sell-down likely delayed
The government may have to wait until 2018 to further sell down its stake if price remains weak.
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- August 22 2017
Insurers to spur IPO bonanza in India
Total fundraising from first-time share sales could balloon to Rs500bn (US$7.8bn) this year.
