News Page 931 / 949
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- June 4 2015
Nippon Life said to acquire National Australia Bank’s life insurance unit
Analysts value the life insurance business at up to US$1.4bn.
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- June 4 2015
Peak Re to partner with Shanghai Typhoon Institute
Collaboration for forecasting on China typhoon activities announced.
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- June 3 2015
Vietnam’s insurance premiums forecast to grow in double digits
Q1 Turnover from insurance premiums reached more than US$665.75m.
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- June 3 2015
Samsung Life Insurance eyes acquisition in the Philippines
Growing economy, low insurance penetration rate, and large population seen as factors.
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- June 3 2015
China’s regulator to oversee claims related to ship tragedy
Regulator also urges insurers to provide quick claim services.
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- June 3 2015
Thailand’s life insurance industry captures attention of investors
Several global institutional investors interested in meeting insurance management teams for possible investment.
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- June 2 2015
China launches commercial vehicle insurance reform
Insurance firms to receive more autonomy in setting premiums as part of the reform.
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- June 2 2015
Myanmar considers giving more licences to foreign insurers
Temporary licences already given as first step to more foreign investment.
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- June 2 2015
Sales of investment-linked assurance products fall 42% in Q1
Sales plunge dramatically after Hong Kong regulators tightened rules in January.
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- June 2 2015
Australia’s April and May storm claims hit US$1.55bn
Over US$3.45bn worth of claims related to catastrophes handled since November 2014.
