News Page 979 / 1106
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- August 5 2016
Philippines court upholds liquidation ruling on Prudentialife
The company will have to continue paying claims to policyholders, four years after it was put into receivership.
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- August 4 2016
Global mutual insurance sector sees modest recovery
Relative premium performance has improved recently, according to Swiss Re's latest Sigma report.
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- August 4 2016
Capital requirement for Philippine insurers to double
All existing insurers will have to increase their minimum capital to Ps550 million by the end of 2016.
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- August 3 2016
Korean non-life profits recover in first half
The favourable performance has been credited to the easing of losses in the auto sector.
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- August 3 2016
Singapore to finance insurance tech startups
Eligible startups will include those working on claims processing, fraud prevention and automated advice.
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- August 3 2016
Anbang’s plan to buy Allianz Korea still in limbo
The group hasn't applied for government approval, drawing speculation that the acquisition has stalled.
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- August 2 2016
Maybank Ageas plans to double in size by 2020
Malaysia’s fourth-largest insurer has not ruled out acquiring other insurers to boost its size.
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- August 2 2016
AXA and Alibaba agree global strategic partnership
The companies will seek to work together to co-innovate and develop value-added products and services.
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- August 2 2016
Capital rules not costly for Philippine HMOs, says IC
Higher paid-up capital unlikely to translate into higher costs, according to the Insurance Commission.
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- August 1 2016
China sells first quake policy
The country's first earthquake insurance policy was recently sold in Tangshan province.
