Industry Segments: Legal/Regulatory Page 54 / 89
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- September 20 2017
Malaysia’s central bank approves Axa Affin share sale
Affin Holdings has been given the green light to acquire a 7.07% equity interest in AXA Affin General Insurance.
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- September 20 2017
China to heighten insurance scrutiny
Investments and capital flows in and out of the industry will be overseen more closely, the country’s regulator announced.
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- September 19 2017
Chinese life firms urged to diversify products
A senior official at CIRC wants insurers to innovate and offer more than just short-term life products.
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- September 18 2017
India’s life insurers record 23% growth in first-year premium
The state-run Life Insurance Corporation remained the leader among the country’s life insurers.
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- September 15 2017
At least 20 bidders eye Axa wealth unit in HK
China Taiping Insurance and Country Garden are reportedly among the companies that have expressed an interest.
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- September 15 2017
Ant Financial’s agri insurance JV gets green light
China’s insurance regulator has given the go-signal for a joint venture with China United Insurance to begin operations.
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- September 14 2017
Singapore bond issuers urged to take up insurance
Such policies would pay for the costs of calling for meetings and legal and financial advisory fees.
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- September 14 2017
Indian general insurance premiums up 32%
Private insurers ICICI Lombard General Insurance and Bajaj Allianz General Insurance led the growth.
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- September 14 2017
Cambodia sees life insurance rush
More than US$1bn worth of life premiums were issued in the first half of the year.
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- September 11 2017
Vietnam premiums up 22%
Collections grew 22% during the first eight months of this year to about Vnd65.56tr (US$2.89bn).
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- September 8 2017
Listed Chinese insurers to benefit from risk crackdown
Efforts to contain the sale of risky short-term life insurance policies won't seriously affect the country's major insurers.
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- September 8 2017
Higher profits for Malaysia’s insurance, takaful firms
Traditional and Islamic insurers in the country are beginning to see a silver lining after a period of dreary results.
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- September 7 2017
Foreign insurers get access to wider market in China
CIRC says the government will open the local health, disaster and pension insurance markets.
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- September 6 2017
Huabang Financial to acquire Israel’s Clal Insurance
The controlling stake in the Israeli insurance and financial firm is valued at approximately US$1.36b.
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- September 6 2017
Growth of non-linked life premiums drops in HK
However, linked life business enjoyed a steep increase in growth, according to the latest data from the Hong Kong Insurance Authority.
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- September 5 2017
Anbang returns to more traditional business model
The company is preparing a new array of services and products to launch after its current ban expires.
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- September 5 2017
Largest Philippine HMO in trouble over capital
Caritas Health Shield to raise fresh capital after allegations it has US$136m deficiency in its actuarial reserves.
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- September 4 2017
Premiums up 21% in Cambodia
Total gross premiums surged to US$68m during the first half of the year, driven by the life sector.
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- September 4 2017
Chinese premium income growth slows
Total premium income grew at 21.3% through July, compared to more than 35% in the same period last year.
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- September 1 2017
Chinese ministries cooperate to discipline insurers
Insurers found violating rules will be restricted from establishing banking, securities and insurance subsidiaries.
