Industry Segments: Legal/Regulatory Page 50 / 89
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- December 15 2017
Chubb makes leadership changes in Asia Pacific
John French named head of broker distribution and Jarrod Hill as country president, Australia and New Zealand.
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- December 14 2017
Philippine firms continue net income growth
A rise in underwriting and investment income helped drive the robust third-quarter performance.
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- December 14 2017
China considers revising insurance security fund rules
The move will allow the fund to provide necessary liquidity support to insurers in case of crisis.
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- December 13 2017
Outlook for Asia insurance sector stable, says Moody’s
Steady economic momentum across the economies of the region is driving demand for insurance.
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- December 13 2017
Life insurers’ new premiums up 6% in India
LIC still led the pack, but total new premium collected by all private insurers grew 32%.
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- December 7 2017
India allows PE funds to own insurance companies
Private equity funds can now own up to 10% of the paid-up equity of an insurer, says Irdai.
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- December 6 2017
Life segment leads growth in Thailand
The country's changing demographics and better personal and retirement coverage have provided opportunities.
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- December 6 2017
Taiwan Financial approved to inject new capital in insurance unit
The Taiwanese financial group has proposed adding US$330m of capital into Bank Taiwan Life Insurance.
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- December 5 2017
Nippon Life to buy 24.75% stake in TWC Group
The Japanese insurer will acquire 24.75% of the US investment firm from Carlyle for an estimated US$488m.
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- December 5 2017
Taiwan incentivises protection products
Starting next year, insurers can take advantage of a government scheme to improve the product mix.
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- December 1 2017
Chinese non-life insurers, reinsurers required to hire actuaries
The country’s 84 non-life general insurers and 12 reinsurers must have a chief actuary by January 1, 2020.
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- December 1 2017
PE funds will be allowed as promoters of Indian insurers
Irdai has approved a proposal to allow private equity funds to promote insurance companies through SPVs.
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- December 1 2017
FRS opens in Hong Kong and Malaysia
Financial Risk Solutions' two new offices are in Menara Darussalam in Kuala Lumpur and ICC in Hong Kong.
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- December 1 2017
Insurance sector in Malaysia welcomes new deputy governor
Jessica Chew is set to step in starting January next year as Sukudhew Singh is relinquishing his post after 31 years.
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- November 30 2017
Beijing and Guernsey in captive insurance joint venture
The partnership will see the creation of captive structures and the provision of captive services for Chinese businesses.
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- November 30 2017
China regulator orders three insurers to fix problems
CIRC has given the companies until December 30 to report on their progress in correcting a range of problems.
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- November 29 2017
Oriental Insurance announces listing plan
The company plans to list on several bourses in line with the government’s programme in 2018-19.
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- November 29 2017
Regulatory reforms and strong economy boost insurers in India
The rating agency forecasts the non-life insurance sector to maintain its double-digit growth over the next three-to-four years.
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- November 29 2017
China insurers report 19% leap in premium income
Premiums rose to Rmb3.24 trillion (US$491.06 billion) from January to October this year, according to CIRC.
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- November 24 2017
SBI General Insurance to list in 18 to 24 months
The general insurance arm of India's largest lender is reportedly on track to hit the stock market in 18 to 24 months.
