News Page 976 / 1028
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- October 6 2015
Bangladesh insurers warned on money laundering
IDRA says insurers need to do more to stop money laundering and terrorist financing.
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- October 5 2015
Cambodia urged to insure bank deposits
Cambodia and Myanmar are the only countries in Asean that do not insure deposits.
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- October 5 2015
Anbang Insurance tops bid to buy Fidelity Life
If successful, the deal will mark the Chinese insurer's first acquisition of a US competitor.
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- October 5 2015
Quake insurance could rise by up to 50% in Japan
Japanese nonlife insurers plan to raise quake insurance premium rates in 36 prefectures.
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- October 5 2015
ACE introduces insurance for PE, VC firms in Asia
The new product protects private equity and venture capital firms in Hong Kong and Singapore.
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- October 5 2015
MPI Generali appoints Oliver Tan as chief executive
Tan had previously been head of the Kuala Lumpur branch of SwissRe since 2012.
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- October 2 2015
China, Switzerland sign social insurance deal
Workers are now exempted from mandatory social insurance contributions.
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- October 2 2015
UAE firm acquires Singapore unit of Zurich Life
Nexus Investment will be one of the largest advisory firms in Singapore following the acquisition.
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- October 2 2015
Dai-ichi Life, Mizuho integrate asset management units
The two firms will have AUM of US$449 billion, creating one of Asia's biggest asset managers.
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- October 2 2015
Imported luxury cars pose liability risk in Korea
A consumer group has called for a cap on insurance payments on expensive imported cars.
