Industry Segments: Legal/Regulatory Page 79 / 89
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- December 30 2015
China’s premiums up nearly 20% in Jan-Nov period
Life premiums also up by nearly 25% within the same period
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- December 29 2015
Mitsui Sumitomo raises stake in India JV
Japanese firm increases stake in Cholamandalam MS General Insurance to 40%
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- December 29 2015
Japan supports Myanmar in developing market
Up to US$40 billion of potential growth seen as Japanese firms assist with training programmes and expertise.
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- December 24 2015
Three Chinese life firms consider US$3.1bn bond launches
An Bang Life Insurance, Happy Life Insurance, and Tian'an Life Insurance looking to tap the markets.
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- December 21 2015
Muang Thai Life seeks approval for Cambodia JV
Thai life insurer embarks on its first life-insurance venture outside Thailand and expected to receive approval early next year.
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- December 21 2015
Prudential expresses interest in Bangladesh
UK insurer eyeing majority stake in a proposed joint venture through IRDA
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- December 18 2015
China’s medical insurance covers 95% of population
China's Ministry of Human Resources and Social Security says more than 1.3 billion are now covered.
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- December 17 2015
Vietnam market up 22% this year
The country's insurance market registered its best performance during the past five years.
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- December 17 2015
China releases rules for insurance fund controls
CIRC is aiming to enhance the sector's ability to manage risks and become more prudent.
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- December 17 2015
Manulife Philippines bancassurance deal gets clearance
Manulife Philippines can now sell insurance products at branches of China Savings Bank.
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- December 16 2015
Telematics market to hit US$2.21bn by 2020
MarketsandMarkets says the telematics market is growing at an annual rate of 20.9%.
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- December 16 2015
Bank Rakyat Indonesia buys insurer for US$114m
Indonesia's second-largest lender is finalising its acquisition of Bringin Jiwa Sejahtera Life.
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- December 15 2015
Singapore policyholders ask for clarity on bonuses
Life insurance customers want to know why non-guaranteed bonuses have plunged.
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- December 15 2015
Microinsurance rises in the Philippines
Coverage widens to 31.1m, representing 62% of all insurance policies in the country.
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- December 14 2015
China to become world’s second-largest market
China could become the world's second-largest insurance market after the US by 2025, if the sector's growth momentum continues, according to a report.
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- December 10 2015
Foreign insurers win modest market share in China
Overseas companies continue to be dominated by local insurers despite gradual liberalisation.
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- December 9 2015
HK’s Insurance Authority needs HK$650m seed cash
The insurance body will regulate the city's sales force and crack down on malpractice.
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- December 8 2015
China’s non-life sector likely to weaken, says Fitch
The sector's growth dynamics could weaken if vehicle sales continue to stagnate.
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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.
