News Page 985 / 1029
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- September 8 2015
Chinese insurers post record-breaking profit
The recent market turmoil is not reflected in strong first-half results, led by China Taiping.
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- September 8 2015
Generali creates new role for head of Asia M&A, strategy
John Spence will assume responsibility for M&A, strategic alliances and regional initiatives in Asia.
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- September 7 2015
Philippines targets 3% insurance penetration by 2019
However, the rate in the first six months of the year was only 1.84%, far below the 3% target.
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- September 7 2015
MAS fines Mercer for unlicensed life insurance sales
The Singapore regulator has fined Mercer for arranging contracts without appropriate licences.
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- September 7 2015
Government stimulus raising premium revenue in Thailand
Total insurance premiums are expected to rise by nearly 5% as the government targets low earners.
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- September 7 2015
Weak car sales hurting Malaysia’s general insurance market
The Malaysian Insurance Institute says the industry is likely to be stagnant through to 2016.
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- September 4 2015
Taiwan to focus on regulating insurance industry
Insurers are blamed for pushing the prices of products and services to "unreasonable levels".
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- September 4 2015
Principal Financial buys AXA’s HK pension unit for US$335m
The US investment manager has paid about US$335m, increasing its AUM to US$6bn in Hong Kong.
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- September 4 2015
Tencent to set up China’s first Internet-based life insurer
The Chinese internet giant is partnering with state-owned firm Citic Guoan on a new internet venture.
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- September 3 2015
China to include treatment, diagnosis of birth defects
The National Health and Family Planning Commission is expanding coverage in its programmes.
