News Page 953 / 1030
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- January 8 2016
Sumitomo Life approved for US$3.8bn Symmetry deal
Approval issued after regulator says deal is not hazardous or prejudicial to the insurance-buying public.
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- January 8 2016
China’s Macrolink backs out of Clal talks
Deal to buy Israel's second-biggest insurer has fizzled out after the local regulator spooks Macrolink.
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- January 8 2016
SCOR strengthens in Asia
SCOR Global Life has beefed up its Asia business with several promotions across its business.
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- January 7 2016
Sompo beats rivals to enter Myanmar’s auto market
The Japanese insurer will write vehicle insurance in the Thaliwa special economic zone in south-east Yangon.
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- January 7 2016
Cathay Life invests further US$900m in logistics sector
The Taiwanese firm has broke ground on another logistics facility in Taichung's Wuri District.
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- January 7 2016
DBS, Manulife officially launch US$1.2bn bancassurance deal
The deal allows the Canadian insurer to distribute its products in DBS branches across the region.
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- January 7 2016
Fitch forecasts growth for Malaysia’s takaful sector
After strong growth in 2015, the momentum will continue thanks to demographics and government support.
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- January 6 2016
China launches insurance-backed infrastructure fund
An initial pool of Rmb40bn will be used to fund strategic projects, including the Belt and Road Initiative.
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- January 6 2016
Claims from natural disasters drop in 2015
Insured losses fell to US$27bn, well below the 10-year average of US$180bn, according to Munich Re.
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- January 6 2016
China Life among top 10 global insurers by net premiums
The Chinese insurer is the only Asian firm to make the list, which is dominated by US and European names.
