Magazine

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Oct 2015

News



Asia: Family no longer regarded as primary source of support in retirement - GAI-Prudential survey


ASEAN: Lloyd's study shows top 15 Southeast Asian cities have US$300 bln at risk over next decade


Asia: Spanish reinsurer, MAPFRE RE, with office in Manila, opens branches in Singapore and Malaysia


Australia: Pacific Life Re gets green light to operate


Cambodia: Insurers turning to mobile to boost sales


China: First internet-based life insurer awaits regulatory approval


China: Cargo losses from Tianjin blasts could reach US$6 bln


China: Asia Capital Re teams up with ArgoGlobal to underwrite Chinese risks


Hong Kong: Insurers support private car services, provided they are legal


India: Businesses need to broaden insurance coverage


India: Strong growth expected in non-life insurance sector


India: Most employees expect life cover from employers


Japan: Insurers on massive overseas buying spree


Japan: Japan Post Insurance to go public in Nov


South Korea: Insurance sector enjoys 30% surge in 1H profits


Macau: Casinos turning to kidnap insurance policies


Malaysia: Non-life market outlook expected to be flat for next 18 months


Myanmar: JLT comes to Myanmar


Nepal: Regulator concerned about possible reduced powers


Pakistan: Insurers' minimum capital hiked by US$1.9 mln to $4.8 mln (non-life) and $6.7 mln (life)


Philippines: Insurance mart to see record premiums this year


Sri Lanka: 20 brokers respond to reinsurer's retrocession call


Taiwan: Regulator urges insurers to hedge against global volatility


Thailand: Govt economic stimuli set to boost premiums


Vietnam: Draft decree proposes mandatory construction insurance