Subject: Regulatory Page 82 / 92
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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.
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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.
