Subject: Regulatory Page 71 / 92
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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.
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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.
