Country: East Asia Page 206 / 215
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- September 16 2015
Alibaba’s Ant Financial takes control of Cathay Insurance
The investment will allow a quicker entrance to mainland China's insurance market.
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- September 15 2015
Nippon Life agrees to merge with Mitsui Life
The Japanese insurer will again become the country’s biggest insurer, ahead of Dai-ichi Life.
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- September 14 2015
Samsung mulls expanding in Vietnam’s insurance sector
Samsung has expressed intention to expand its footprint in the country's life insurance sector.
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- September 14 2015
Lloyd’s set to double China insurance business
Lloyd's chairman John Nelson expressed confidence that the firm will double its business in China this year despite a very competitive insurance market across Asia. Nelson said Lloyd's regional expans... To continue reading the full article and get full access to the InsuranceAsia News platform, please enquire about a subscription. Your company may already have […]
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- September 14 2015
AM Best affirms ratings of two Macau insurers
Macau Insurance and Macau Life Insurance received ratings affirmation from AM Best.
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- September 11 2015
Manulife nears deal for StanChart’s HK pension business
The Canadian insurer is reportedly in the final stages of negotiations for the US$400m deal.
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- September 11 2015
Samsung Life seeks to enter Philippine insurance market
The Korean insurer is reportedly in talks with PNB, alongside several other foreign life insurers.
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- September 10 2015
China firm launches overtime insurance scheme online
People in China who usually have to work overtime may now be able to take a new type of policy.
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- September 9 2015
Mitsui Sumitomo to buy Amlin for US$5.3bn
The Japanese company will pay a 36% premium to shareholders of the Lloyd's of London insurer.
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- September 9 2015
Tianjin’s insurance losses could reach US$3.3bn
The accident is likely to constitute one of the largest insured man-made losses to date in Asia.
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- September 8 2015
Chinese insurers post record-breaking profit
The recent market turmoil is not reflected in strong first-half results, led by China Taiping.
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- September 4 2015
Asia is home to the world’s riskiest cities
The region's cities face diverse threats, ranging from storms and earthquakes to market crashes and pandemics.
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- September 4 2015
Taiwan to focus on regulating insurance industry
Insurers are blamed for pushing the prices of products and services to "unreasonable levels".
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- September 4 2015
Principal Financial buys AXA’s HK pension unit for US$335m
The US investment manager has paid about US$335m, increasing its AUM to US$6bn in Hong Kong.
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- September 4 2015
Tencent to set up China’s first Internet-based life insurer
The Chinese internet giant is partnering with state-owned firm Citic Guoan on a new internet venture.
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- September 3 2015
China to include treatment, diagnosis of birth defects
The National Health and Family Planning Commission is expanding coverage in its programmes.
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- September 3 2015
Anbang fails in bid to buy Portugal’s Novo Banco
The US$4.5bn bid has fallen through after month-long exclusive talks with Portugal's central bank.
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- September 2 2015
Tianjin blasts will not affect profit, say Chinese insurers
PICC and CPIC say the effect of the accident will be minimal due to reinsurance.
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- September 2 2015
Japan’s life insurers using shareholder power
More frequent opposition at shareholder meetings is aimed at improving corporate profits.
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- September 1 2015
Macau casinos take out kidnap insurance to protect patrons
Alarmed by the rise in hostage-taking, casinos are turning to specialist insurance.
