News Page 998 / 1028
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- July 20 2015
India fines public-sector insurers for rigging bids
The Competition Commission of India found four insurance firms guilty of rigging a tender in Kerala in 2009.
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- July 20 2015
Hong Kong’s top insurance bodies merge
IIHK and CII merger aimed at improving and strengthening standards in the city's insurance and financial services market.
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- July 20 2015
Typhoon Chan-hom claims predicted at US$350m
Insured losses are unlikely to exceed US$354.3m, according to AIR Worldwide's catastrophe risk modelling.
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- July 17 2015
Australia’s QBE sells N American unit for US$90m
The sale is expected to free up more than US$100 million in capital and reduce policy sales by about US$400m.
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- July 17 2015
Ageas seeks buyer for Hong Kong unit
Morgan Stanley is reportedly seeking bidders for a deal that could fetch more than US$1 billion.
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- July 17 2015
Skilled insurance brokers in demand in Singapore
A skills shortage in the Lion City is forcing insurers to look overseas for talented insurance specialists.
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- July 16 2015
Deaths from natural disasters up sharply
Munich Re biannual review supports industry's claim that much of the world continues to be under-insured.
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- July 16 2015
Insurers cite regulation as top industry risk
Heavy-handed regulators are the top concern among insurers around the world, followed by fears over the broader economic outlook.
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- July 16 2015
Philippine insurers likely to hit US$4.4bn sales target
Sales growth likely to come from the country's non-life insurance sector, according to PhilNaRe.
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- July 16 2015
China Life posts record-high net income
China's largest life insurer posts a 103% rise in net income to NT$5.71 billion.
