News Page 963 / 1106
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- October 19 2016
Takaful Malaysia posts 30% profit jump
Higher sales in family and general takaful businesses, as well as wakalah fee income, fuelled a 30% increase.
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- October 19 2016
KBZ to launch insurance arm on Yangon stock exchange
The company’s market capitalisation could be up to US$750m if it goes ahead with an IPO in 2017.
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- October 19 2016
China’s life insurers warned about low interest rates
Low rates are affecting the industry's pricing and business models, investment channels and risk management.
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- October 19 2016
Indonesia’s Bumiputera on the hunt for buyers
The company is nearing the end of a long restructuring process aimed at meeting its growing obligations.
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- October 18 2016
Health-insured Singaporeans to face higher premiums
The moratorium on raising Integrated Shield Plan premiums will be lifted at the end of this month.
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- October 18 2016
India stalls mandatory listing for insurers
The insurance regulator's proposal has been put on hold after reported intervention by the finance ministry.
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- October 18 2016
Intermediaries to broaden insurance market share in China
Growth will be driven by smaller life insurers willing to sell wealth management products online.
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- October 17 2016
AIA Group posts 25% quarterly growth of new business
The insurer has benefited from a rush of mainland Chinese visitors buying insurance in Hong Kong.
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- October 17 2016
AXA eyes more local partnerships in Asia
The French company is targeting emerging Asia to combat persistent low interest rates and weak growth.
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- October 17 2016
China P&C growth seen to moderate
China's property and casualty insurance sector is set to experience only modest premium growth, according to Moody's.
