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- April 19 2015
Ageas withdraws from A.M. Best’s rating process
No reason was given for Ageas Insurance's request to no longer participate in the rating process.
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- April 19 2015
Korea’s Mirae Asset Life Insurance to launch IPO
Life Insurer looking to raise up to KRW500bn (US$459m) according to reports.
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- April 19 2015
Macau insurers set for growth, says report
Significant growth opportunities in the Special Administrative Region seen due to the low insurance penetration.
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- April 16 2015
Zhong An Insurance passes $10bn valuation
Zhong An has underwritten over 630 million insurance policies and serviced 150 million clients in its first year of operation.
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- April 16 2015
BPL reshuffles Asia-Pacific leadership
Peter Gilbert's move to Singapore aimed at helping service BPL's base of banks and corporates, and develop new markets and clients.
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- April 16 2015
PineBridge to launch retakaful firm in Dubai
Sources say the firm is currently in discussions with regulators in Dubai over licensing.
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- April 16 2015
ASEAN integration to boost growth of insurance sector
Local insurers are making plans to expand beyond their national boundaries amid greater regional cooperation.
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- April 16 2015
Annuity recommendations getting popular among Australian planners
Annuities had continued to increase over the last three years in response to client concerns such as longevity risk.
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- April 16 2015
AXA strikes partnership deal with SingPost
Financial advisers will promote AXA's insurance products at 34 post offices in Singapore under a 10-year agreement.
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- April 16 2015
China warns of strange stock price insurance product
The online insurance product claims to provide protection against stock price volatility.
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- April 14 2015
Fitch affirms IFS A- rating of China’s Huaxia Life
The Beijing based insurer has become the largest player in the UL segment in terms of new premiums, says Fitch.
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- April 14 2015
Islamic insurers in UAE eye mergers
Tough new regulations, combined with financial losses and stiff competition in the UAE, are pushing insurance providers to consider mergers.
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- April 14 2015
Sri Lanka’s insurance industry grows 13.2%
Analysts expect more insurers to invest in Sri Lanka which has 22 licensed insurance companies operating in the Country.
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- April 14 2015
Taiwan government to takeover underperforming insurers
Insurers with a risk-based capital ratio of less than 50% may be acquired.
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- April 13 2015
Sri Lanka’s insurance board names new director
Asanga joins IBSL having served in the government sector for the last decade.
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- April 13 2015
Thai regulators urged to promote ULIPs
Introduced to the market in 2009, ULIPs are expected to play a vital role despite the challenges.
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- April 13 2015
Malaysia, Saudi Arabia to lead premium growth of global takaful sector
A report by AM Best sees significant opportunities for takaful operators but challenges remain.
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- April 11 2015
Thailand to cut deposit insurance coverage in August
Reduction prompts investors to the bond market.
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- April 11 2015
Experts call for scaled up universal health coverage in Bangladesh
Government contribution to the health sector in Bangladesh said to be only 25%.
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- April 11 2015
Industry leaders to meet in US for Global Insurance Symposium
The second annual conference, to be held on 26 - 29 May in Des Moines, Iowa.
