News Page 985 / 1070
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- February 8 2016
Indian firms forecast rise in catastrophe premiums
Expected hike estimated to be up to 20% for next fiscal year.
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- February 8 2016
Group says insured losses in Tianjin blast likely to near US$6bn
International Union of Marine Insurers (IUMI) sees losses as largest in marine history.
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- February 8 2016
Indonesia exempts unit-linked life products from new bond rules
Firms will soon be allowed to manage their own portfolios in government bonds independently.
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- February 5 2016
Korea regulator probes alleged premium cartel
Four mid-sized insurance firms are accused of colluding to increase car insurance premiums.
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- February 5 2016
Dah Sing’s US$1bn insurance asset lures Chinese firms
More than 20 Chinese property developers and other firms have shown strong interest in bidding.
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- February 5 2016
India’s LIC sees market share plunge in December
The fall is attributed to the lack of a unit-linked insurance plan when India's stock markets recovered last year.
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- February 5 2016
Philippine government taps insurance funds for projects
New regulations are needed to facilitate investments by the sector in PPP infrastructure projects.
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- February 4 2016
Indonesia’s legislators seek limits on foreign ownership
No decision yet on threshold, says OJK, but existing majority owners are hoping for an exemption.
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- February 4 2016
China caps Hong Kong insurance purchases
Foreign exchange regulator is stepping up administrative measures to slow capital outflows.
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- February 4 2016
Asia United Bank seeks bancassurance partners
Bank's president says that potential partners have approached the bank for a possible deal.
