News Page 939 / 1030
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- March 3 2016
Japan’s major life firms turn their backs on JGBs
Negative yields on some Japanese government bonds are forcing the country's life insurers to look at foreign bonds.
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- March 3 2016
Lloyd’s set to double onshore China premiums
Reinsurance is moving onshore as China’s new solvency rules punish overseas reinsurers with stiff capital charges.
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- March 3 2016
Berkshire introduces asset management insurance in Asia
The product covers professional liability, D&O liability, employment practices liability and crime coverage.
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- March 3 2016
India to list state-owned general insurers
Finance minister Arun Jaitley plans to sell off four non-life companies fully owned by the government.
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- March 2 2016
China Life pays US$3bn for stake in China Guangfa Bank
The Chinese insurer will buy the 20% holding from Citi and IBM in an effort to boost its financial services business.
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- March 2 2016
Negative rates push Japanese firms to raise premiums
The consequences of the Bank of Japan's policy continue to spread in the country's financial sector.
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- March 2 2016
China to announce plan for financial super-regulator
The proposal would see the country's banking, securities, and insurance regulators merged into one entity.
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- March 2 2016
Zurich appoints Asia underwriting head for general insurance
Zurich has appointed Herve Marguin as chief underwriting officer for general insurance, Asia Pacific.
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- March 1 2016
Unit-linked business forecast to still grow in Indonesia
The Indonesian Life Insurance Association forecasts growth of 10% to 15% this year to more than US$6bn.
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- March 1 2016
Taiwan legislators consider revision of insurance law
The existing law prevents insurance carriers from paying out compensation to beneficiaries under 15.