News Page 984 / 1087
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- April 22 2016
AIA bullish on Philippines despite low penetration
Insurance penetration has slowed to a growth rate of less than 2% during the past seven years.
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- April 21 2016
China’s property players eye insurance sector
High land costs and a growing need for cash-yielding assets is driving developers to bid on insurance operations.
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- April 21 2016
Japan’s negative rates seen forcing premiums hikes
Rates for savings-type products could go up by 10% to 20% by April 2017 to counteract the interest rate environment.
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- April 21 2016
Global insurers bullish on private equity returns
A quarter of CIOs and CFOs plan to increase allocations to private equity as they seek ways to increase returns.
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- April 20 2016
Korea to reform motor premiums to punish bad drivers
Insurance will be priced based on the specifics of each case to encourage reckless drivers to be more careful.
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- April 20 2016
Siam Commercial Bank courted for its life business
The Thai bank has reportedly received proposals from a number of investment banks, with an expected valuation of US$3bn.
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- April 20 2016
Chubb’s Asia Pacific chairman retires
Damien Sullivan will continue to serve the US insurer as adviser to its overseas general insurance business.
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- April 20 2016
Fubon Life’s Hong Kong subsidiary opens
Hong Kong chief executive Jerry Chou says the local life market still has great potential for further growth.
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- April 19 2016
Indian life companies warned on bancassurance
An industry group has warned life companies about relying too much on banks for selling insurance policies.
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- April 19 2016
China to name systemically important insurers
The Chinese regulator is set to release a list of insurers that may be considered too big to fail.
