News Page 998 / 1106
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- May 12 2016
Allianz buoyed by demand for sharia policies in Indonesia
Allianz Life Syariah posted a 7.2% gross premium income increase in 2015, rising to US$56 million.
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- May 11 2016
CIRC reportedly checking on Anbang’s investments
The regulator is reportedly sending inspectors to scrutinise investments in real estate and unlisted equities.
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- May 11 2016
Asia to generate 25% of premiums by 2025
Munich Re projects that China will become the second-largest insurance market in the world behind the US.
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- May 11 2016
EastWest buys StanChart’s Philippine insurance unit
Assurance Solutions Insurance Agency was set up in 2012 to provide marketing and sales services for Standard Chartered.
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- May 11 2016
Allianz to sell part of Taiwan life insurance portfolio
The sale of the €1.2 billion portfolio is driven by the constraints on European insurers as a result of Solvency II.
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- May 10 2016
Lloyd’s and Parima team up to train risk managers
The programme will offer a series of two-day training sessions to be held in cities around Asia.
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- May 10 2016
Indian insurers lining up for IPOs
ICICI Prudential Life and HDFC Standard Life are expecting to raise a total of more than US$1 billion this financial year.
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- May 10 2016
Tokio Marine Life names new Singapore CEO
Industry veteran James Tan Lai Hing is taking over from the outgoing CEO Lance Tay, effective June 1.
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- May 9 2016
Top insurers’ earnings slump in Q1
Many of the world’s biggest insurance companies have reported sharp declines in operating profits.
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- May 9 2016
Global catastrophe losses hit five-year high in April
Losses from natural catastrophes and severe weather in the first four months of the year reached US$7.4b.