News Page 963 / 1029
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- November 24 2015
Evergrande buys stake in Chinese insurance JV
The Chinese property developer will pay US$617m for a 50% stake in Great Eastern Life Assurance (China).
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- November 24 2015
NAB Nippon Life aims to lead Australia’s life market
The joint venture company is aiming to become the largest writer of life insurance premiums Down Under.
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- November 23 2015
OCBC Bank claims lead in Singapore’s bancassurance market
Singapore's OCBC Bank said it has overtaken DBS Bank in terms of bancassurance sales.
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- November 23 2015
Indonesia’s insurance industry forecast to grow in 2016
The Financial Service Authority has also forecast the insurance industry will grow significantly.
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- November 23 2015
Russia’s Sogaz Insurance seeks China licence
One of the largest federal insurers in Russia is seeking to open a representative office in Beijing.
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- November 23 2015
More foreign insurers to set up shop in China
President Xi Jinping, in a speech at the Apec summit in Manila, said China will further open its economy.
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- November 20 2015
China considering new financial super-regulator
A regulatory official has revealed that banking, insurance and securities regulators may be merged.
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- November 20 2015
European insurers suffer highest losses from Tianjin
Zurich's US$275 million loss was the highest among insurance companies from around the world.
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- November 20 2015
Nippon Life set to regain crown as Japan’s top life insurer
The insurer has boosted revenue by launching new foreign currency products sold through banks.
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- November 20 2015
Premiums for luxury cars in Korea to rise by up to 15%
The highest increase will apply to 38 imported models, including most BMW and Mercedes vehicles.
