News Page 935 / 1030
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- March 21 2016
Indian banks told to comply with crop insurance scheme
The Reserve Bank of India has reminded banks to ensure strict compliance with the provisions of the scheme.
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- March 21 2016
World Bank support for Vietnam’s healthcare goal
The programme to assure local access to medical services has received the full support of the bank.
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- March 21 2016
Manulife Indonesia launches sharia-compliant life product
The product is being launched in partnership with Islamic lender Bank Muamalat to widen its customer base.
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- March 21 2016
Dubious travel insurance claims on the rise in Singapore
The General Insurance Association of Singapore is partnering with specialists to target cheats.
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- March 18 2016
Singapore posts 2.6% general insurance growth
However, increased competition and an economic slowdown in the city-state dragged margins down.
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- March 18 2016
Taiwan further loosens offshore investment restrictions
Domestic insurers will be allowed to allocate up to 40% of their assets to offshore investments.
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- March 18 2016
Japan Post to strengthen sales of insurance products
The group's new president faces a profit challenge from the drop in mail volume and negative interest rate policy.
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- March 18 2016
Chinese customers spent US$4.2bn in HK in 2015
The amount represents roughly a quarter of the total premium income from new life policies in the city.
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- March 17 2016
Ping An’s profit jumps 38% in 2015
The Chinese insurer made a net profit of US$8.3 billion in 2015, its highest earnings result since 2003.
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- March 17 2016
US approves Anbang’s acquisition of Fidelity & Guaranty
The US$1.57bn deal will make Anbang one of the biggest insurers by market share in fixed-indexed annuity products.
