News Page 998 / 1086
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- February 23 2016
India considers automatic FDI approval
The government is reportedly looking at automatic approval for 49% ownership for foreign direct investments.
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- February 23 2016
QIC raises capital after record premiums
Key drivers of growth included reinsurance premiums, which now account for 50% of the group's total premium income.
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- February 23 2016
Chinese bought US$2.7bn of insurance in HK in 2015
The number of mainland residents buying insurance products and services in Hong Kong continues to grow.
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- February 23 2016
Three bidders for CIMB bancassurance deal
Allianz, AXA, and Sompo are reportedly in their final bids to seal a distribution deal with Malaysia's second largest lender.
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- February 22 2016
Insurance regulators in India and UAE ink bilateral pact
The agreement provides for sharing of insurance information amid interest from many other countries in India.
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- February 22 2016
PE firm to sell ING Life Korea for US$1.63bn
MBK Partners has reportedly attracted interest from Hanwha Life Insurance and Kyobo Life Insurance.
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- February 22 2016
Japan Post Insurance to raise investment in foreign debt
The plan is part of an effort to boost returns following the central bank's introduction of negative interest rates.
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- February 22 2016
Zhong An aiming to raise US$2bn in local IPO
The insurance company backed by Alibaba's financial services affiliate is expected to list in Shanghai.
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- February 19 2016
Thai life firms bullish on higher growth in 2016
The Thai Life Assurance Association forecasts that GDP growth will help boost premium income by 9%.
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- February 19 2016
XL Catlin hires political risk and trade credit underwriter from ACR
Based in Singapore, Lim Mei Yean will add to the firm's underwriting capabilities in the Asia-Pacific region.