News Page 957 / 1086
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- August 16 2016
Profit drop for Ping An offset by banking arm
China’s second-largest insurer is expected to report a 3% decline in its profit for the first half.
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- August 15 2016
Jack Howell named Zurich’s regional CEO
Stuart Spencer, interim Asia-Pacific CEO, will remain in the region working closely with Howell.
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- August 15 2016
New rules in licensing Philippine HMOs due soon
The new guidelines will be out by the end of August, according to the Insurance Commission.
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- August 15 2016
Japan’s life insurers see drop in income
A strong yen, gloomy stock market and negative interest rates are weighing on performance.
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- August 15 2016
India pushes for insurers’ mandatory listing
Insurers that have been in business for eight years may have to list publicly under new plans.
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- August 12 2016
Singapore reports strong growth in life insurance sector
Weighted new business premiums in the city state rose 13% during the first half of 2016.
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- August 12 2016
Ageas profits exceed expectations
Asian profits were boosted by the sale of its Hong Kong business and life insurance sales in China and Thailand.
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- August 12 2016
Korea’s life and non-life insurers suffer contrasting fates
Life firms have performed poorly because of the prolonged low-interest environment and economic slowdown.
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- August 11 2016
Philippine insurance adjustment open for foreigners
The lifting of a foreign investment ban is seen as a way to encourage competition and best practices.
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- August 11 2016
Taiwan revision on equity charges hurts risk profiles
The recent move to revise risk charges on local insurers’ equity positions is credit negative, says Moody’s.
