News Page 916 / 1175
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- May 4 2018
Korea sets up committee for insurance, banking licences
The FSC is also considering lowering capital requirements for financial businesses.
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- May 4 2018
Non-life market in China faces tough conditions
The outlook is negative, but market conditions are expected to get better in the near term.
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- May 4 2018
Chinese solvency ratios improving amid crackdown
The recent campaign to strengthen regulations in China is beginning to show benefits, says Moody's.
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- May 3 2018
India names new regulatory head
Subhash Chandra Khuntia will be the new chairman for the Insurance Regulatory and Development Authority of India.
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- May 3 2018
Korean insurers overseas losses decrease
Overseas branches reported a combined net loss of US$23.2m in 2017, compared with $70.3m in 2016.
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- May 3 2018
MetLife’s chief financial officer steps down
John Hele is expected to stay with the insurer until September as a senior adviser.
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- May 3 2018
Pru Life signs Philippines bancassurance deal
Regulators have given the green light for the proposed bancassurance tie-up with Robinsons Bank.
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- May 2 2018
Max Life, Exide Life join bidding fray for IDBI Federal Life
Shareholders will carry out a detailed evaluation of shortlisted bidders over the next couple of weeks.
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- May 2 2018
Private equity firm bids for Royal Sundaram
True North and its global sponsors have made a rumoured US$400m bid for a 40% stake.
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- May 1 2018
Taikang Life backs Baidu’s new brand
The Chinese insurer is among a string of investors in Du Xiaoman, a fintech unit being spun off by the internet giant.