News Page 943 / 1030
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- February 18 2016
Fosun cancels US$462m acquisition of Israeli insurer
The Chinese company says that conditions in global markets forced it to terminate the acquisition.
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- February 17 2016
Korea to fast-track claims for Kaeseong firms
Payments will be made within a month for companies affected by the closure of the North Korean industrial complex.
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- February 17 2016
China approves new online insurance venture
CIRC has approved Shenzhen Infogem Technologies' registration to operate an online insurance firm.
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- February 17 2016
Cyber incidents among top threats to businesses, says Allianz
An Allianz survey shows that more businesses now consider cyber incidents among the major new threats to business.
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- February 17 2016
Bangladesh orders MetLife to raise capital by almost 500%
The Insurance Development and Regulatory Authority arrived at the figure using its new solvency margin rules.
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- February 16 2016
Asia Capital Re taps Korean market
The Financial Services Commission is expected to decide on the application for preliminary approval on Wednesday.
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- February 16 2016
Vietnam on track for double-digit growth this year
The country's finance ministry said premium income in 2015 climbed by 21.4% to US$3 billion.
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- February 16 2016
CRRC buys US$676m stake in China United
State-owned China Railway Rolling Stock Corporation has bought a 13.06% stake in the Shenzhen-based insurer.
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- February 16 2016
Sumitomo Life eyes investments in foreign corporate bonds
Japanese giant Sumitomo Life is reportedly planning to expand its foreign corporate bond investment to boost returns.
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- February 15 2016
AIG Indonesia launches trade credit insurance
The company is cashing in on the government's plan to boost non-oil and gas commodity exports.
