Industry Segments: Regulatory Page 70 / 91
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- October 20 2016
China Life warns of 60% profit dip
The decline is largely a result of weak investment income, the company said in a filing to the stock exchange.
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- October 20 2016
Malaysia’s insurance sector fails to meet expectations
Though the sector did expand at an annual 13.3% growth rate until 2010, in recent years it has remained flat.
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- October 19 2016
China’s life insurers warned about low interest rates
Low rates are affecting the industry's pricing and business models, investment channels and risk management.
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- October 19 2016
Indonesia’s Bumiputera on the hunt for buyers
The company is nearing the end of a long restructuring process aimed at meeting its growing obligations.
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- October 18 2016
Health-insured Singaporeans to face higher premiums
The moratorium on raising Integrated Shield Plan premiums will be lifted at the end of this month.
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- October 18 2016
India stalls mandatory listing for insurers
The insurance regulator's proposal has been put on hold after reported intervention by the finance ministry.
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- October 17 2016
AIA Group posts 25% quarterly growth of new business
The insurer has benefited from a rush of mainland Chinese visitors buying insurance in Hong Kong.
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- October 13 2016
Thailand tightens rules on bank insurance sales
Brokers will clearly have to state if a transaction is an insurance product or a deposit.
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- October 12 2016
China fast-tracks health insurance reforms
Chinese authorities called on all provinces to start and release their respective plans by the end of the year.
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- October 11 2016
Proposed tax hike will harm Philippine insurers
The industry will face another challenge if plans to increase value-added tax from 12% to 15% go ahead.
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- October 10 2016
Berkshire Hathaway enters Macau market
The new office will add to BHSI’s regional presence in Singapore and Hong Kong.
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- October 7 2016
NN Life Japan and Sumitomo Life sign collaboration deal
The two Japanese insurers have agreed to work together to target small and medium-sized enterprises.
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- October 6 2016
Qatar Re gets licence for Singapore branch
The Monetary Authority of Singapore recently gave the Qatari reinsurer the green light.
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- October 6 2016
Qianhai Authority will pay close to US$1b for ACR Capital
State-owned buyers see the deal as a way to develop Shenzhen Qianhai into a reinsurance hub.
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- October 4 2016
China vows to improve health insurance system
The government aims to head off a public health crisis caused by its ageing population.
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- October 4 2016
Japan plans free-trade insurance for farmers
Authorities are negotiating a deal to help cushion farmers from the effects of the Trans Pacific Partnership.
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- September 30 2016
Philippines optimistic amid weak financial markets
Insurance authorities in the country remain bullish that the domestic industry will not be affected.
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- September 30 2016
Transparency issues hinder Chinese expansion abroad
In the hunt for potential deals in the US, it is easier for Japanese insurers than their Chinese counterparts.
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- September 29 2016
At least 200 firms seek insurance licence in China
Investors ranging from garment makers to liquor firms have expressed their intention to enter the industry.
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- September 29 2016
Foreign insurers to be allowed in Myanmar in 2017
The government has said that it wants to fast-track liberalisation within the insurance sector.
