News Page 944 / 1086
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- October 12 2016
China fast-tracks health insurance reforms
Chinese authorities called on all provinces to start and release their respective plans by the end of the year.
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- October 12 2016
Aon acquires cyber security specialist Stroz Friedberg
The combination gives Aon access to cyber security governance and advisory services.
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- October 12 2016
Koreans spend W100tn on social insurance
Costs last year increased 6.3% from the preceding year, according to the Korea Employers Federation.
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- October 11 2016
Peak Re and NexAssure enter into MGA partnership
The two companies have entered into a managing general agency agreement in the area of extended warranty insurance.
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- October 11 2016
Cyclones in September cost global economy over US$4bn
In Asia, Super Typhoon Meranti was estimated to have cost US$2.4bn, mostly in China.
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- October 11 2016
Proposed tax hike will harm Philippine insurers
The industry will face another challenge if plans to increase value-added tax from 12% to 15% go ahead.
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- October 10 2016
New payback scheme for savings insurance in South Korea
New scheme begins with completion of insurance premium payment.
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- October 10 2016
Berkshire Hathaway enters Macau market
The new office will add to BHSI’s regional presence in Singapore and Hong Kong.
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- October 10 2016
Dai-ichi looks to acquire local rivals as industry returns plummet
Japanese life giant looks to acquire local competitors.
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- October 10 2016
SBI to sell stake in SBI Life
Bank looking to sell as much as 5% of its 74% stake in SBI Life Insurance to private equity funds.
