Industry Segments: Asset Management Page 13 / 25
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- April 4 2017
People’s Insurance Group of China hires new head
The Chinese insurer has hired Miao Jianmin, former chief of China Life, to be its chairman and president.
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- March 27 2017
China Life profit declines 45% in 2016
Chairman Yang Mingsheng said the performance was due to a decline in gross investment income.
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- March 24 2017
China orders insurers to submit bond transaction report
The move is part of the insurance regulator’s move to tighten scrutiny as it becomes increasingly alert to risks.
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- March 23 2017
Disappointing results forecast for China’s big insurers
Analysts say the lacklustre year was due to fierce competition, depressed returns and reserves top-ups.
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- March 21 2017
Taiwan market set to lose up to US$4.9bn
The Taiwanese dollar’s appreciation and insurers’ foreign investment exposure could take a toll on the industry.
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- March 20 2017
Nippon Life plans US$4.4bn M&A investment
Japan's biggest life insurer says it is planning to double its net profit during the next the four years.
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- March 17 2017
ADB to expand disaster support for Philippines via insurance
The Asian Development Bank is exploring disaster insurance options for one of the countries most vulnerable to natural disasters.
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- March 16 2017
Manulife wins first Investment Company WFOE licence in China
The approval will allow the company to provide private assets solutions in China's fast-growing asset management industry.
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- March 16 2017
Indonesia urges insurers to buy government securities
The Financial Services Authority says insurers should help offset the deficit in the state budget.
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- March 7 2017
Big insurers may face less scrutiny in China
Insurance authorities are planning an industry-wide shakeup that will see smaller insurers face stricter regulation.
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- March 3 2017
Solving the low-yield dilemma
Insurance companies risk falling short on the returns needed to meet their expected liabilities.
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- February 28 2017
CIRC slaps Evergrande Life with 12-month ban
The Chinese insurer will be unable to participate in stock investments after violating investment rules last year.
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- February 23 2017
CIRC participating in new asset management rules
The insurance regulator has reportedly teamed up with the central bank and the country’s securities and banking regulators.
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- February 21 2017
New AIA investment centre opens in Singapore
The unit will provide better management of internal funds to improve delivery of returns to policyholders.
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- February 13 2017
Manulife HK sales jump 11%
Sterling results of insurance and wealth and asset management businesses drove the results.
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- February 9 2017
Chinese insurers invested in 651 projects in 2016
Investments mostly went specifically to transport, energy, real estate, health care and elderly care.
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- February 6 2017
More Japanese insurers to raise premium rates
The Bank of Japan's ultra-low interest rates are squeezing the profitability out of savings-type policies.
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- January 26 2017
Nippon Life to venture into project finance
With some Japanese government bonds paying negative yields, insurers are exploring new ideas.
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- January 24 2017
Slump in China’s life premiums expected this year
The regulator's crackdown and a decline in insurers' investment returns could cause a fall.
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- January 19 2017
China to lower foreign investment restrictions
The State Council said it will cut restrictions on insurance, banking, securities and other sectors.
