News Page 982 / 1106
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- July 22 2016
Korean policyholders spend US$3,000 on average on cover
Korea’s premium per person is 18th highest in the world according to Swiss Re.
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- July 22 2016
Asian insurers unprepared for climate change risks
Firms lag behind in their preparations to deal with ill effects of climate change on their businesses, according to AODP.
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- July 22 2016
Dai-ichi to open business in Cambodia
Japanese major scheduled to open a representative office in Phnom Penh by end of July.
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- July 21 2016
Chinese insurers hampered by weak risk management
Insufficient risk management professionals and tools make transition to a new risk-oriented solvency system challenging, says PwC.
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- July 21 2016
Demand for insurance-linked investments remains robust
Large institutional investors continue to show strong demand for alternative investments such as ILS funds and catastrophe bonds.
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- July 20 2016
ICICI Pru Life’s IPO poised to be India’s biggest in six years
The listing is expected to take place this year, with proceeds of up to US$745m going to majority owner ICICI Bank.
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- July 20 2016
Khazanah eyes control of Hong Leong insurance arm
The Malaysian state-owned fund is reportedly considering an US$800m bid for control of the two companies.
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- July 20 2016
Manulife Vietnam gets green light to raise charter capital
The approval means Manulife Vietnam can raise its charter capital by 38%, its second hike in eight months.
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- July 20 2016
Taiwan set to tighten rules on life insurance products
Regulators intend to lower the current 5% insurance policy bancassurance fees to 3.5% to contain costs.
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- July 19 2016
Indian life firms post strong growth
Statistics from June show a 23% increase in annualised premium equivalent, according to Kotak Institutional Equities Research.
