News Page 947 / 1030
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- February 2 2016
Ping An issues China’s first overseas senior bonds
The US$1.2 billion issuance marks the first senior bond offering from an onshore mainland entity.
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- February 1 2016
Samsung Life buys US$1.27bn Samsung Card stake
The acquisition raises its stake in the credit card business to 71.8%, the two companies said in a disclosure.
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- February 1 2016
Andrew Barrowman joins JLT as Hong Kong head
He moves to the role from JLT Australia, where he was head of specialty, servicing clients across multiple lines.
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- February 1 2016
Malaysia forecast to spend US$20bn on healthcare by 2020
The expected rise is due to chronic diseases, healthcare costs and the declining value of the the ringgit.
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- February 1 2016
Indonesia to limit foreign ownership to 30%
The country's insurance regulator announced its latest protectionist measure to reporters on Friday.
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- January 29 2016
Thailand’s life industry to grow at least 10% this year
A government stimulus packages launched during the fourth quarter of last year will provide a boost.
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- January 29 2016
Malaysia’s first takaful firm posts double-digit profit rise
The growth was attributed to higher sales from both family and general takaful businesses.
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- January 29 2016
JLT launches first renewable energy cover in the Philippines
Policy offers security to small and mid-sized renewable energy developers against project risks.
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- January 29 2016
More big M&A deals expected from China and Japan in 2016
Insurers are planning more deals this year on the back of low interest rates and cheap capital.
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- January 28 2016
Philippines posts record premium growth in 2015
Premium income grew by 18.5%, amounting to US$4.85 billion, the Insurance Commission said.