Insurance Commission

Philippines: Insurance Commission Drafts Guidelines for HMO Licensing

The Insurance Commission (IC) of the Philippines is set to issue the Guidelines on the Licensing of Health Maintenance Organizations (HMOs) by the end...
Insurance Commission

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...
Insurance Commission

SC Affirms Insurance Commission On Prudentialife Plans Liquidation

The Supreme Court (SC) of the Philippines has denied a petition for review filed by Prudentialife Plans Inc (PPI) and its planholders, assailing the...
Honan Insurance

Australia: Honan Insurance Group Appoints New Group Director

Honan Insurance Group has announced that Brad Tymmons has been appointed as new group director – broking operations, joining the business to help execute...
Insurance Commission

Philippines: Increase in Insurance Capital Requirement by End of 2016

By December 31, 2016, all existing insurance companies in the Philippines are required to increase their minimum net worth from P250 million (US$5.3 million)...

Philippine Insurance Commission to Strictly Implement Policyholders’ Bill of Rights

The Insurance Commission (IC) is ratcheting up its effort in advancing the protection of the insuring public as one of the regulator's key initiatives....

Vietnam’s Insurance Industry Investment up 500%

Vietnam’s insurance sector posted one of the highest growth rates in a decade as total investment capital from the sector to the national economy...

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...

Vietnamese Insurers Eye Strong Year

Hopes are high for Vietnamese insurers to post yet another stellar performance this year following a strong showing in 2015. The industry’s premium income last...

China Approves New Life Insurance Firm

Chinese listed holding firm Shenghe Resources received approval for its plan to set up a new life insurance company, called Huagui Life Insurance, in...
Fitch Ratings

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,...
Marc Blottiere

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,...
Kyobo Life

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...
Ergo Group

Ergo Acquires Stake in Thai Insurer

The ERGO Group is entering the insurance market in Thailand by acquiring a minority share of 40.26 percent of Thaisri Insurance from Pailuck Company...
Indren Naidoo

Manulife Names Indren Naidoo as Indonesia CEO

Manulife Indonesia has announced the appointment of Indren S. Naidoo as the new Chief Executive Officer in Indonesia. Based in Jakarta, Indren will be responsible for leading the...
Friend Provident

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...
Chubb Indonesia Tai-Kuan Ly

Chubb Names New Indonesia General Insurance Head

Publicly traded property and casualty insurer Chubb has named Tai-Kuan Ly as its new president director in Indonesia. Ly will head Chubb’s general insurance operation...
PSC Insurance Brokers

PSC Acquires Hiscock Insurance Brokers

PSC Insurance Brokers (ASX:PSI), a national insurance brokerage in Australia, has agreed to acquire Hiscock Insurance Brokers (HIB), a Melbourne-based insurance broking business for...
Manulife Financial

Manulife Financial Corporation Completes Preferred Share Offering

TORONTO – Manulife Financial Corporation (“Manulife”) today announced that it has completed its offering of 16 million Non-cumulative Rate Reset Class 1 Shares Series...
IAG

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...

Lotto Results

Official 6/55 Grand Lotto Result Today and Past Results Summary from PCSO

METRO MANILA - Here is the PCSO 6/55 Grand Lotto Result Today. Check your lottery tickets and see if you’ve won 6/55 Grand Lotto...
Megalotto 6/45

6/45 MEGALOTTO RESULT Today and Previous Results From PCSO

MANILA, Philippines - Looking for the official 6/45 Megalotto result today? Here is the result of 6/45 Megalotto today based on the official draw...
2D Lotto Big

2D Lotto Result Today and Previous Results from PCSO

Here are the 2D Ez2 Lotto result for today from the Philippine Charity Sweepstakes Office (PCSO). PCSO releases 2D Lotto results everyday during its...
3D Lotto Big

3D Lotto Result Today and Past Results Summary (Swertres) from PCSO

MANILA, Philippines - Looking for 3D Swertres Lotto result today for the 2PM, 5PM, and 9PM draws? Here are the latest results based on...
Ultra Lotto 6/58 result

6/58 Ultra Lotto Result Today and Winning Number History from PCSO

METRO MANILA - Ultra Lotto 6/58 has the biggest initial jackpot in all of the games of Philippine Charity Sweepstakes Office (PCSO) at P49.5...