News Page 916 / 927
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- May 7 2015
Malaysia’s first Internet insurance platform launched
Company is confident that the online insurance platform will help increase the life insurance penetration rate in Malaysia.
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- May 7 2015
Anbang gets green light to acquire Belgium’s 100-year-old insurer
Acquisition marks the first time a Chinese insurance company acquiring 100% ownership of a European insurance firm.
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- May 7 2015
Vietnam considers criminalising social, health insurance avoidance by employers
Uncollected social insurance payments reached VND7.279tr (US$336m) at the end of last year.
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- May 7 2015
China encourages citizens to buy private health insurance
State Council offers tax reductions for premium payments of less than Rmb2,400 (US$392) per year.
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- May 6 2015
Malaysia’s Tune Ins to buy controlling stake in Indonesian insurer
Acquisition in line to expand insurance business to other markets in Southeast Asia.
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- May 6 2015
After Nepal quake, Indian insurers seek mandatory building code
Authorities asked to make earthquake-resistant construction codes mandatory.
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- May 6 2015
Job cuts loom after Allianz Australia takes over TIO
The sale of TIO’s insurance arm to Allianz was approved by the Australian parliament.
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- May 6 2015
Manulife to open 18 branches in the Philippines, eyes raising market share
10 branches to be opened this year and a further eight scheduled in 2016.
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- May 5 2015
10 South Korean life insurance firms offering poorly written contracts
Contracts assessed based on clarity, brevity and comprehensibility.
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- May 5 2015
Bangladesh insurers seek withdrawal of insurance policy tax
Gains from life insurance policies urged to be withdrawn.
