News Page 980 / 1223
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- February 14 2018
Chinese regulator puts cap on insurers’ overseas financing
The China Insurance Regulatory Commission has limited foreign borrowing to 20% of an insurer's net assets.
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- February 14 2018
Great Eastern mulls expansion in Indonesia, Thailand
The insurer’s goals include becoming one of the 10 biggest insurers in Indonesia within the next five years.
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- February 13 2018
India market to reach US$280bn by 2020
Vice-president Venkaiah Naidu cited the country's rosy economic prospects as a driver for the insurance industry.
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- February 13 2018
China Life reportedly acquiring AMP’s life assets for US$3bn
A possible deal to buy the troubled life insurance assets could be announced in May, according to reports.
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- February 13 2018
Life firms embracing digitalisation to battle stagnation
Insurance companies are integrating technology to prevent loss of market share to startups, says Deloitte.
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- February 13 2018
XL Catlin appoints China country manager
Phil Xue joins from Guy Carpenter to take up role of chief executive officer of XL Insurance (China).
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- February 12 2018
FWD Life appoints new chairman for Philippine business
The country’s former ambassador to the US, Jose Cuisia, has taken up the role to replace Julian Lipman.
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- February 12 2018
Insurers urged to help bridge Asean infra gap
Insurers are estimated to hold just 2% of assets under management in infrastructure investments.
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- February 12 2018
Samsung names new CEOs for insurance units
Samsung Life Insurance and Samsung Fire & Marine Insurance have new leaders after the resignation of the previous heads.
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- February 12 2018
China, India priority markets for UK insurers after Brexit
The Association of British Insurers has said the two nations will be key targets after departure from the EU in 2019.
