Industry Segments: Regulatory Page 71 / 91
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- September 28 2016
Bank of India sells 18% stake in insurance JV
The stake in Star Union Dai-ichi Life Insurance has been bought by its Japanese partner Dai-ichi Life Insurance.
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- September 27 2016
India plans public listing of state insurers
New India Assurance and GIC, which together have assets of more than US$20bn, are set to IPO first.
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- September 23 2016
Brokers and insurers in HK urged to use fintech
The government of Hong Kong wants the industry to compete better with foreign rivals such as Singapore.
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- September 22 2016
India’s BSE to venture into insurance business
Bombay's stock exchange is set to float two insurance-related arms under its fully-owned subsidiary BSE Investments.
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- September 22 2016
Captives set to flourish in China
With authorities determined to achieve ambitious insurance growth targets, captives and mutuals are expected to flourish.
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- September 21 2016
Lloyd’s seeks reinsurance licence in Malaysia
Chairman John Nelson is hopeful that Bank Negara Malaysia will approve the application by November.
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- September 20 2016
Indian insurer’s ‘foreign’ executive told to step down
Universal Sompo General Insurance has acted to comply with FDI rules calling for local management control.
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- September 16 2016
Vice-chairman Zhou Yanli loses post at CIRC
State Council announces major reshuffle of senior officials.
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- September 15 2016
Chaoyang Life to be put up for tender
Six Taiwanese financial holdings and insurance entities are now reportedly interested in launching a takeover bid.
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- September 14 2016
China’s super-regulator plan cast into doubt
The merger of three financial services watchdogs may be scrapped, with the CSRC remaining as a standalone body.
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- September 13 2016
Indian insurers unprepared for mandatory listing
The country's insurers are worried about a mandatory listing proposal introduced by the regulator.
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- September 12 2016
Mainland insurers can buy HK shares via Shanghai link
Shanghai stock connect and the soon-to-be introduced Shenzhen link are now open to insurers.
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- September 12 2016
Mirae Asset Life makes final bid for PCA Life
The Korean insurer has submitted its last bid for the unlisted arm of Britain's Prudential.
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- September 12 2016
Taiwan to protect insurers from callable bond risks
The regulator is aiming to provide protection as bond issuers exercise options to pay off debt early.
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- September 8 2016
New rules a heavy blow for unlisted Chinese insurers
Stricter rules on the universal life insurance product market target short-term, high-return policies.
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- September 8 2016
AIA plans Korean subsidiary
The move is rumoured to be preparation for a potential exit from the sluggish Korean market.
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- September 5 2016
China to allow insurers to invest in startups
The government will also provide tax cuts and improve platforms to enhance direct financing.
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- September 5 2016
Hanwha Life interested in Woori Bank
The Korean life insurer is considering a stake in the country's only state-owned commercial bank.
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- September 2 2016
Insurance purchases by mainlanders hit record high in HK
The increase came even as China’s regulators took further steps to limit purchases of the products.
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- September 2 2016
Singapore introduces new rules on premium payments
The clearer rules are expected to lessen claim disputes between insurers and customers.
