News Page 943 / 992
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- September 23 2015
Moody’s keeps stable outlook for Chinese insurers
The credit rating agency warned China's insurers on headwinds that may affect creditworthiness.
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- September 23 2015
Tokio Marine wins approval to buy HCC for US$7.5bn
The deal was initiated in June but had to wait for approval from shareholders.
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- September 23 2015
Markel appoints new head in China
Hu Qianhai has been appointed to lead the team providing solutions to Chinese insurers.
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- September 22 2015
Fire premiums on the rise in Japan
The increase is being driven a number of large-scale natural disasters in recent years.
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- September 22 2015
Chinese insurers now allowed to set up PE funds
Insurers can set up growth, buyout, mezzanine, real estate and venture capital funds.
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- September 22 2015
Hong Kong to launch Insurance Authority by year-end
The proposed Insurance Authority will replace the Office of the Commissioner of Insurance.
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- September 22 2015
Zurich abandons US$8.7bn RSA bid
It is puling out of a bid to acquire the British insurer due to a US$200m loss in Q3.
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- September 21 2015
Vietnam’s PM wants 85% health coverage by 2020
Nguyen Tan Dung says he wants those living in poverty to fully benefit from health insurance.
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- September 21 2015
Insurance industry fails to innovate, says KPMG
Executives recognise the risk of falling behind but struggle to kindle an innovative spark.
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- September 21 2015
China Re wins approval for US$2bn Hong Kong IPO
The company is offering up to 15% and expects to pitch the deal to investors in early October.
