Industry Segments: Legal/Regulatory Page 75 / 84
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- December 8 2015
Fubon gets green light to buy stake in Hyundai Life
Korea's Financial Services Commission has approved the purchase of a 48% stake.
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- December 7 2015
China eases rules on insurers’ overseas offices
CIRC scraps requirement for Chinese insurers to get pre-approval to open offices abroad.
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- December 2 2015
ACE Life seeks up to 30% premium growth in Indonesia
The insurer has said that it will add more agents and partner with more banks next year.
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- November 30 2015
China’s top court moves to protect insurance consumers
An increase in disputes in China's insurance industry has prompted a new judicial interpretation.
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- November 26 2015
Korean online insurance supermarket to launch next week
The Insurance Damoa website will let customers compare different insurance plans online.
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- November 24 2015
Evergrande buys stake in Chinese insurance JV
The Chinese property developer will pay US$617m for a 50% stake in Great Eastern Life Assurance (China).
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- November 24 2015
Fosun completes Ironshore acquisition
The Shanghai-based company has won approvals for the remaining 80% equity stake it didn't yet own.
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- November 23 2015
Russia’s Sogaz Insurance seeks China licence
One of the largest federal insurers in Russia is seeking to open a representative office in Beijing.
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- November 20 2015
China considering new financial super-regulator
A regulatory official has revealed that banking, insurance and securities regulators may be merged.
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- November 19 2015
Korean insurers post 17.3% income rise
The country's financial watchdog said the results were driven by robust investment gains.
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- November 19 2015
Fidelidade to invest in China’s capital markets
The Fosun-owned insurer will be the first Portuguese firm to invest in the Chinese stock market.
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- November 19 2015
China to allow insurance firms to broaden investments
The revised regulation could allow investments in office buildings, hotels, business facilities and warehouses.
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- November 18 2015
Storms likely hit profit of Japan’s non-life insurers
Summer typhoons seem to have had a negative effect on net profits at Japan's top three non-life insurers.
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- November 18 2015
China seals insurance regulations deal with Russia
CIRC and Bank of Russia agree to promote cooperation between the two countries' insurance regulators.
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- November 17 2015
Cerulli names Taiwan as Asia’s most attractive ILP market
The Boston-based research house says that Taiwanese insurers continue to favour investment-linked products.
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- November 17 2015
IRDA fast-tracks entry of Lloyd’s in India
The Insurance Regulatory and Development Authority of India is paving the way for an onshore presence.
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- November 13 2015
Bangladesh cancels insurance licence for first time
Standard Insurance has lost its operating licence for failing mandatory reinsurance regulation.
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- November 13 2015
SBI Life likely to become India’s first insurance IPO
It could beat HDFC Life to become the first Indian insurer to list directly on a local stock exchange
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- November 12 2015
Korea to provide more trade insurance perks
The scheme, which is aimed at SMEs, is part of an attempt to stimulate falling exports.
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- November 11 2015
Sompo Japan looks offshore for higher yields
Japan's second-largest property insurer is planning to increase its holdings of foreign bonds.
