Industry Segments: Legal/Regulatory Page 50 / 90
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- January 16 2018
Zurich officially pulls out of Taiwan
The Switzerland-based insurer has dissolved its local life insurance business after selling to Hotai Motor Co in 2016.
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- January 15 2018
IBM awaits Indian regulatory approval on insurance blockchain
The company is hoping to win regulatory approval to deploy the technology for general insurers in India.
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- January 12 2018
Chinese insurers’ premium income up nearly 20%
The strong figures were achieved despite the authorities’ tightened regulation of the sector.
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- January 11 2018
China’s first tech insurer set for launch
Taiping Technology Insurance will be the first insurer to focus on the country's technology sector.
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- January 11 2018
Great Eastern may shed stake in Malaysian operations
The insurer is reported to be in talks with Malaysian banks regarding the possible sale.
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- January 9 2018
Singapore Life to buy Zurich Life Singapore portfolio
All policies are expected to be completely transferred during the first half of the year.
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- January 9 2018
Edelweiss wins India non-life licence
The group is set to become the country's 33rd non-life company after Irdai approval secured.
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- January 4 2018
Korea doubles number of insurance patents
The increase is credited in part to the implementation of IFRS17, which has helped to drive innovation.
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- December 22 2017
AIMA, IAMAC sign insurance collaboration agreement
Among the areas being looked at for collaboration are educational programmes and joint events.
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- December 21 2017
Taiwan insurers urged to invest more in infrastructure projects
The message is part of efforts to increase private investment in government-led projects
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- December 20 2017
AIR Worldwide partners with PICC Re
The Chinese reinsurance arm of PICC has already received regulatory approval for the partnership.
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- December 19 2017
Malaysia, Thailand sign insurance deal
Bank Negara Malaysia and Thailand’s Office of Insurance Commission have signed an MoU.
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- December 19 2017
India to revise insurance fund rules
Irdai is looking to keep up with changes in the market and the economic landscape in the country.
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- December 19 2017
Low-rated insurers to face curbs in China
Affected companies will face restrictions from the regulator, the official Xinhua news agency reports.
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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.
