Country: East Asia Page 188 / 215
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- June 9 2016
Baidu sets up new online car insurance firm
The Chinese insurer is venturing into the business through a partnership with China Pacific Property & Casualty.
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- June 8 2016
Shanghai to accelerate insurance sector development
Modernisation and internationalisation aimed at becoming an international insurance centre in the next five years.
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- June 7 2016
Japan quake insurance payouts rise to US$2.2bn
In just one week, insurance payouts for the Kyushu earthquakes in April have risen another 35%.
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- June 6 2016
Thaihot wins race for Dah Sing’s insurance unit
The Chinese group has reportedly agreed to pay US$1.4bn in what could be Hong Kong's most expensive insurance deal ever.
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- June 3 2016
Reinsurance under C-ROSS
Dozens of reinsurers moved onshore in response to China's introduction of its new solvency regime.
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- June 3 2016
China approves tax-deductible health schemes
Taxpayers in 31 major cities will be able to deduct taxable income paid into qualifying policies.
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- June 3 2016
China to inspect insurance investments
CIRC has informed insurers and related asset managers that it plans to inspect investments in onshore and offshore markets.
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- June 2 2016
China’s draft insurance rules worry foreign trade groups
A new cyber security law may require international insurers to buy substandard or insecure technology from China.
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- June 2 2016
Chubb Life names new Taiwan president
Chubb Group's global life insurance division has appointed Kristine Ung as the new president of its Taiwan operation.
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- May 31 2016
China Life’s Q1 net income drops 18%
The Chinese insurer's weak performance has prompted analysts to trim their forecasts for this year.
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- May 30 2016
Underwriting earnings key for Japan’s life insurers, says Fitch
Life companies are maintaining strong profitability despite declining bond yields in local fixed-income markets.
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- May 30 2016
Korea orders insurers to apply stricter lending rules
The move is part of the government's efforts to keep the country's household debt in check.
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- May 30 2016
Sompo Japan to launch volcano insurance in June
Companies suffering losses due to volcanic activity in Japan will soon have access to insurance protection.
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- May 27 2016
Blockchain technology coming to China?
Ping An has become the first Chinese insurer to join a global consortium exploring ways to use the technology in financial markets.
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- May 27 2016
Japan’s regulator holds off enforcement of commissions disclosure
Opposition from regional banks prompts FSA to set aside plan to require banks to disclose commission details.
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- May 27 2016
Korean insurers post 6.3% profit gains in Q1
However, the companies suffered declines in profitability due to the unfavourable business environment.
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- May 26 2016
Ping An joins blockchain consortium
The Chinese insurer has joined a global consortium working on ways that blockchain technology can be used in financial markets.
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- May 26 2016
Sale of ING Life generates lower-than-expected interest
Korean private equity firm MBK Partners has extended the sales offer deadline to allow more potential bids.
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- May 25 2016
China Mobile to invest US$306m in insurance market
China's largest wireless carrier plans to buy a 20% stake in two insurers from China Merchants Group.
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- May 24 2016
World Bank sets up US$500m catastrophe fund
The fund, which is the first of its kind in the world, will combat pandemics in poor nations.
