Australia’s QBE Insurance Says Asia Pacific No Longer A Standalone Unit
Australian insurance giant QBE announced today changes to its structure, including the merging of its Asia Pacific business into its international business, which includes...
Corporate Boards Worldwide Navigating Governance Challenges, HKIoD Shares Findings of Global Director Survey 2020-2021
A global research onboard governance during the Covid-19 crisis indicated that two-thirds of company directors reported an increase of time commitment by 50 percent...
SCOR Global Life Gets Japan Branch Office Approval
The Financial Services Agency of Japan (FSA) has granted SCOR Global Life SE approval to open a branch office in Tokyo as of April...
Indian Insurers Scramble to Beat e-Policy Deadline
Indian insurers and repositories in India are trying to beat the 1 October deadline imposed for issuing electronic policies to customers who pay at least...
Nomination Opens for “Directors Of The Year Awards 2021”
Themed "Leading in New Normal"
The Directors Of The Year Awards 2021 championed by The Hong Kong Institute of Directors (HKIoD) is open for nominations...
New Insurance Accounting Standard Brings Greater Comparability for Investors, Analysts – KPMG
The new insurance contracts accounting standard (IFRS 17) published today by the International Accounting Standards Board (IASB) brings greater comparability for investors and analysts,...
Chinese Insurers Told To Strengthen Disclosure
The China Insurance Regulatory Commission (CIRC), China's industry regulator, has ordered insurance firms in the country to strengthen disclosure on transactions.
In a notice posted...
Andrew Wadell Appointed Managing Director for Friends Provident International Singapore
Friends Provident International (“FPI”), part of the Aviva group, announces today the appointment of Andrew Waddell as Managing Director for Singapore with immediate effect...
Allianz Seeks License to Sell Corporation Insurance in Korea
Allianz SE is hoping to get regulatory approval to establish another business in Korea that will specialise on selling corporate insurance.
According to an executive...
Japan Allows Insurers to Cover Infertility Treatment
Japan's Financial Services Agency (FSA) is reportedly planning to allow insurance companies to cover infertility treatment in the country as part of the government's...
Kyobo Life Joins Initial Bid for ING Life Korea
Kyobo Life Insurance, one of the big three life insurance companies in South Korea, has joined in the preliminary race to acquire ING Life...
Bank of America Awards a New Contract Order to RIWI for over $650,000
RIWI Corp. (TSXV: RIWI) (OTC Pink: RWCRF) (the "Company" or "RIWI"), a global trend-tracking and prediction technology firm, announces that BofA Securities has awarded...
The MDRT Academy continues to grow with new members from Sun Life Asia
The MDRT Academy - a new association helping financial professionals accelerate their careers - recently welcomed more than 670 advisors from Sun Life Asia...
Prudence Foundation Completes Housebuild Project in Bantayan Island
CEBU, PHILIPPINES – Almost four years after super typhoon Yolanda (international name: Haiyan) ravaged Central Visayas, Prudence Foundation – the community investment arm of...
Solvency II Will Drive Increased Demand for Reinsurance – Fitch
Solvency II (S2) will increase demand for reinsurance products as under the new regulatory regime insurers can strengthen their capital position through risk transfer,...
China Life Insurance Sees 30% Rise in Profit
China's largest insurer, China Life Insurance Co Ltd, just got even bigger after it reported a 30% rise in annual net profit to Rmb32.2bn...
Insurance News Brief: IAG Sets Up Startup Fund
Insurance Australia Group (IAG) has setup a new fund that will buy stakes in disruptive technology companies, joining major Australian firms in doing so.
Details...
Philippines: Insurance Commission To Issue New Microinsurance Regulations
Although the Philippines is now considered as a frontrunner in microinsurance, the Insurance Commission is set to issue new regulatory frameworks on microinsurance to...
KGISL Completes Acquisition of AETINS, Expands Expertise in the Insurance Space
KG Information Systems Private Limited (KGISL), a global IT services, consulting, and business solution provider, today announced the acquisition of AETINS Sdn. Bhd. through...
New Regional Chief Operating Officer Marc Blottiere Joins AXA Asia
Marc Blottiere has commenced his role as Regional Chief Operating Officer of AXA Asia as of June 1, reporting directly to Jean-Louis Laurent Josi,...
