Country: East Asia Page 183 / 215
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- September 6 2016
Chubb launches marine service solutions in China
The launch is anchored on meeting the needs of importers, exporters and transport operators.
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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 5 2016
AIG completes sale of Taiwan insurance unit
The deal involves the sale of AIG Taiwan's consumer and SME business to Nan Shan Life Insurance.
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- September 2 2016
Is the world ready for China?
The country is once again at the centre of attention as G20 leaders gather for the summit in Hangzhou.
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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
Swiss Re unit secures HK general insurance licence
The new branch expands Swiss Re Corporate Solutions' operations across Asia Pacific to 10 offices.
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- September 1 2016
Tokio Marine eyes RHB’s general insurance unit
The deal is estimated to be worth up to US$500m, based on a price of around three times book value.
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- September 1 2016
Anbang seeks approval to buy Allianz Korea
The Chinese insurer has already won regulatory approval from authorities in Beijing.
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- August 31 2016
China Life to increase outbound investment
After a 67% profit plunge in the first half of 2016, the Beijing-based insurer is shifting US$47b offshore.
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- August 30 2016
China to limit insurers’ funding sources for M&A
The country’s insurance regulator is cracking down on aggressive acquisitions.
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- August 29 2016
Taiwanese insurer ordered to pay premiums
Taiwan’s Nan Shan Life risks paying penalties if it does not contribute to its agents’ health insurance coverage.
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- August 29 2016
Japan’s quake insurance contracts top 60%
There has been a surge in coverage since the March 2011 earthquake and tsunami that struck the Tohoku region.
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- August 26 2016
China’s surging private health market
China’s crowded and inefficient public hospitals are encouraging people to turn to private health insurance.
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- August 26 2016
China cracks down on short-term policies
CIRC is identifying measures to suppress policies that compete with wealth management products.
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- August 26 2016
Korean insurers’ RBC ratio continues to rise
Under local regulations, insurance companies are required to maintain risk-based capital ratios above 100%.
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- August 25 2016
Anbang’s Hong Kong insurance unit to go public
The Chinese insurer has reportedly invited investment banks to pitch for roles on the IPO of its life insurance business.
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- August 25 2016
China’s reinsurance market to reach US$198bn by 2020
As the market grows, reinsurance premiums are expected to increase at a rate of 10% to 15% over the next few years.
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- August 24 2016
Dai-ichi’s subsidiary to acquire US Warranty Corp
The US$127m acquisition of the asset protection specialist is expected to conclude as early as this year.
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- August 24 2016
Taikang aims for public listing in three years
The group will first consolidate its structure and lay out a clear strategy for the future.
