Industry Segments: Asset Management Page 25 / 25
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- April 21 2015
Chinese insurers report double-digit profits
Growth partly attributed to large gains in ROI.
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- April 20 2015
Tokio Marine investing in real estate funds to avoid trouble
Japanese insurer hopes to increase its overseas property assets by about US$84m this year.
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- April 19 2015
Korea’s Mirae Asset Life Insurance to launch IPO
Life Insurer looking to raise up to KRW500bn (US$459m) according to reports.
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- April 11 2015
Thailand to cut deposit insurance coverage in August
Reduction prompts investors to the bond market.
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- April 9 2015
Manulife inks USD1.2bn Asia distribution deal with DBS Group
Deal also allows DBS’ six million-strong retail, wealth and SME customer base to access the various life and health insurance solutions offered by Manulife.
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- April 9 2015
China Life and Ping An make their first US real estate investment
The project includes a 13-story office building and a 100-unit, nine-story condominium tower.
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- April 8 2015
Vietnam insurer to sell shares to foreign strategic investors
Company to also open two seats on its managing board for investors.
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- April 7 2015
Taiwanese insurers face higher risks as forex holdings rise
Local insurance firms have minimal margins to absorb unfavorable foreign fluctuations.
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- April 3 2015
Pakistan raises minimum capital requirements
According to the SECP, raising the minimum paid-up capital requirements for insurers is an attempt to strengthen the country's insurance sector.
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- April 3 2015
Bangladesh allocates $200m to reform insurance sector
The country's insurance regulator is being tasked with modernising and professionalising the industry.
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- April 2 2015
AIG unloads $500m stake in China’s PICC
America's biggest commercial insurer cuts its stake in PICC Property & Casualty to 8.2% as it seeks to raise funds.
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- March 19 2015
South Korea’s insurance firms lead rise in debt holdings in 2014
Increase in debt holdings was attributed to the record fall of local yields.
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- March 16 2015
Indonesia to ease investment rules for insurance funds
Easing the investment rules will boost the local bond market says Financial Services Authority