News Page 996 / 1028
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- July 28 2015
Lloyd’s forms consortium to expand in Asia
Consortium to cover commercial light and moderate industrial property risks in the region.
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- July 27 2015
Aon hires China CEO from Swiss Re
The appointment of Qin Lu from Swiss Re will help to align Aon’s retail and reinsurance businesses in China.
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- July 27 2015
Singapore proposes rules for public selling of insurance
Proposed guidelines to minimise risks to consumers from aggressive public marketing tactics.
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- July 27 2015
Cyber insurance now a priority for Australian firms
Country's digital networks are experiencing an increase in cyber-attacks, according to the Australian Cyber Security Center.
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- July 27 2015
Japan’s Meiji Yasuda acquires StanCorp for US$5bn
Japanese insurer agrees to acquire all outstanding shares for US$115 per share in cash.
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- July 24 2015
Peak Re buys into Caribbean insurer Nagico
The Fosun-backed reinsurer has agreed to buy a 50% stake in Nagico as part of its expansion into non-Asian markets.
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- July 24 2015
Myanmar halts licences for foreign insurers
No reason disclosed for suspension of licences to operate in Myanmar's special economic zones (SEZ).
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- July 24 2015
China expands medical insurance for critical illnesses
The critical illness insurance system will cover more urban and rural residents.
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- July 24 2015
Arig negotiating buyout of Takaful Re
Bahrain-headquartered Arab Insurance Group plans to take full control of loss-making Takaful Re.
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- July 23 2015
Insurance industry warns of effects of global tax reform
IUA warns regulators that complexity and an undue compliance burden will discourage investment.
