News Page 962 / 1029
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- November 27 2015
Sompo sets up reinsurance unit in Zurich
The Japanese insurer has set up a reinsurance company in Switzerland under its wholly owned subsidiary Canopius.
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- November 26 2015
Korean online insurance supermarket to launch next week
The Insurance Damoa website will let customers compare different insurance plans online.
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- November 26 2015
Taiwan trims yield requirement for property investments
The FSC has cut insurers' mandated yield from domestic commercial real estate to 2.555%.
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- November 26 2015
Chinese investment in insurance industry set to continue
The sustained influx of Chinese capital is triggering competition among insurers around the world.
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- November 26 2015
Allianz teams with Baidu for online China JV
The new venture will offer a range of products, including travel, health and internet finance insurance.
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- November 25 2015
Manulife completes US$1bn fundraising
The 12-year subordinate bonds pay a coupon of 3.181% and are guaranteed by Manulife Financial.
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- November 25 2015
Malaysia’s AmGeneral mulls takaful expansion
AmBank chairman Azman Hashim says the group's insurance unit is looking into a takaful licence.
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- November 25 2015
Sichuan province launches earthquake insurance trial
Under the plan, the provincial government will subsidise 60% of the insurance fees for most residents.
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- November 24 2015
Qantas enters Australia’s life insurance market
The Aussie airline is launching its own branded health insurance products in partnership with nib.
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- November 24 2015
Fosun completes Ironshore acquisition
The Shanghai-based company has won approvals for the remaining 80% equity stake it didn't yet own.
