News Page 954 / 1030
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- January 6 2016
Philippine central bank likely to raise insurance budget
The BSP is reportedly reviewing its insurance funds and could up its allocation from the current P3.65bn.
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- January 5 2016
IAG secures US$7bn reinsurance cover for 2016
The new programme provides protection for most parts of Asia, as well as Australia and New Zealand.
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- January 5 2016
Unclaimed insurance payouts in Singapore top 8,000
A total of 8,185 insurance payouts have not been claimed by policyholders as of September 2015.
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- January 5 2016
Generali appoints head of broker relationships in Asia
Giovanni di Meo is being transferred from Milan to strengthen Generali’s position in the region.
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- January 5 2016
Japanese firms to continue M&A hunt in 2016
The US market will continue to be the focus of acquisitions due to its ability to absorb large sums of cash.
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- December 31 2015
Korean life firms acquire solar power project in Japan for US$172m
Kyobo Life, Heungkuk Life and Hanwha Life, acquire 41.3MW solar project in Kagoshima
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- December 31 2015
China warns insurers on risks of stock investments
Insurance firms asset-liability management face increased risks with the rise of capital market volatility.
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- December 31 2015
Malaysia market forecast to grow up to 5% in 2016
Figure in line with Government's 4-5% economic growth forecast for next year
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- December 30 2015
Indonesia to maintain premuim revenue growth in 2016
Life companies forecast to post a 20%-30% increase next year, according to AAJI
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- December 30 2015
Deutsche Bank sells Hua Xia Bank stake to Chinese insurer
German lender agrees to sell it's 19.99% stake to China's PICC Property and Casualty Company
