Country: Asia Pacific Page 518 / 531
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- July 30 2015
Alibaba Health and CPIC Allianz team up
The two firms have signed an agreement that could set a new model for online health insurance services in China.
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- July 29 2015
China Minsheng to buy Sirius for US$2.2bn
Acquisition of Sirius seen to give support to CMI's efforts to expand in the Bermuda reinsurance sector.
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- July 29 2015
China urges insurers to go digital
Insurance regulator CIRC has issued guidelines to encourage insurers to use the internet to reach more clients.
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- July 29 2015
QBE Insurance names new ANZ head
Tim Plant succeeds Colin Fagen, who has been promoted as new group chief strategy officer.
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- July 28 2015
China approves Anbang’s Vivat acquisition
The Chinese insurer will inject US$1.48 billion into Dutch state-owned Vivat as part of the deal.
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- July 28 2015
Young NZ adults embracing health insurance
Low-cost health insurance products encourages more New Zealanders aged 25-35 to take out health insurance policies.
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- July 28 2015
Indonesia relaxes insurers’ bond-buying rules
An initiative by the Indonesian Financial Services Authority is designed to help stimulate the local markets.
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- July 27 2015
Singapore proposes rules for public selling of insurance
Proposed guidelines to minimise risks to consumers from aggressive public marketing tactics.
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- July 27 2015
Cyber insurance now a priority for Australian firms
Country's digital networks are experiencing an increase in cyber-attacks, according to the Australian Cyber Security Center.
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- July 27 2015
Japan’s Meiji Yasuda acquires StanCorp for US$5bn
Japanese insurer agrees to acquire all outstanding shares for US$115 per share in cash.
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- July 24 2015
Myanmar halts licences for foreign insurers
No reason disclosed for suspension of licences to operate in Myanmar's special economic zones (SEZ).
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- July 24 2015
China expands medical insurance for critical illnesses
The critical illness insurance system will cover more urban and rural residents.
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- July 23 2015
Aussie insurers seek to scrap “inefficient” taxes
ICA CEO Rob Whelan urges government leaders to abolish the "inefficient" insurance taxes.
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- July 23 2015
PhilNaRe to expand life and health business
Expansion in life and health follows PhilNaRe rise in market share to one-fifth last year.
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- July 22 2015
Asia’s non-life market to continue growth
Southeast Asia and emerging countries to lead premium growth of the non-life market this year, according to the Monetary Authority of Singapore.
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- July 22 2015
Tokio Marine looks for China growth opportunities
Japan's largest non-life insurer to use Citic's expertise and connections to accelerate business development in China.
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- July 21 2015
China to support online insurance businesses
China's central bank is encouraging insurers and other financial institutions to improve their online offering.
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- July 21 2015
Tower names Richard Harding as new CEO
Harding joins New Zealand's Tower on August 17, having previously been CEO of Territory Insurance Office.
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- July 21 2015
Anbang bids for London’s Heron Tower
Anbang Insurance is bidding £750m for the tallest building in the City of London financial district.
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- July 20 2015
Japanese insurers seek overseas growth
With a shrinking population at home, Japanese insurers continue to pursue growth opportunities through overseas M&A.
