China
China's non-life sector stable
China's non-life insurers could see operating margin constrained by capital market volatility and higher acquisition expenses, but declines in operating margins are unlikely to be substantial, Fitch said today.
Rise of the Dragon: challenges and opportunities in the Chinese insurance broking markets
Brokers in the Chinese market currently face threats from technology and opportunities from product differentiation. Solomon Ngan explains why now is the time for the sector to reconsider its role and function.
Skuld launches Singapore operation
Marine insurer Skuld has announced the opening of its first Singapore branch in a bid to target South Asian business.
HSBC agrees to sell Ping An stake to Thai conglomerate
HSBC is to sell its 15.57% stake in Ping An Insurance to the Charoen Pokphand Group, a Thai multi-national conglomerate with core businesses in agro-industry, food, retail and telecommunications.
AIA completes deal for Aviva's Sri Lanka unit
AIA has completed its acquisition of Sri Lankan insurer Aviva NDB Insurance from Aviva and Sri Lanka's National Development Bank.
Top five Asian news stories
The top five stories from www.insuranceinsight.com over the past seven days.
PICC lists on HK exchange
Chinese state-owned insurer PICC Group raised $3bn in its Hong Kong's initial public offering today.
Insurance Insight - Regulation not restriction
In this latest digital edition Insurance Insight looks at the close eye Asian insurers are keeping on regulation with the growing emphasis on a hands-on approach by regulators.
CIGNA & CMC launch expat health cover in China
CIGNA & CMC Life Insurance, a joint venture between CIGNA and China Merchants Group, has launched a new health insurance plan for the Chinese market.
Aria Assistance unveils partnership with EAJ
Hot on the heels of its partnership with Globemed, Aria Assistance has revealed a new deal with Emergency Assistance Japan.
Asia View from the Top: Realising growth in higher growth markets
There are three trends that are becoming increasingly evident in the changing global economic landscape.
Insuring Iran
In July the European Union put in place sanctions designed to limit the provision of insurance to the Iranian crude oil sector. Francesca Nyman takes a look at how the market reacted and asks if insurance is still available.
New partner joins Kennedys Hong Kong office
Kennedys Hong Kong office has welcomed a new partner in its Corporate and Commercial Group.
China underinsured by $80bn: Lloyd's
China represents half of global underinsurance, according to a study from the Centre for Economic Business Research and Lloyd's.
Chinese insurers turn to equity as they approach debt ceiling
Chinese insurers are increasingly likely to favour equity issuance over incurring debt to support growth, as they get close to the debt ceiling imposed by the domestic regulator, according to Fitch.
ING deal sparks AIA appointments
AIA Group has made senior management changes in preparation for the integration of AIA and ING Malaysia.
Asia tops list for serious underinsurance says Lloyd's
States in many high growth countries are shouldering the burden of excessive natural catastrophe losses due to low levels of insurance penetration, Lloyd’s has warned.
Axa to 'release' Taiwan staff
Staff in Axa's representative office in Taipei will be let go by the end of 2012, a spokesperson said today.
Swiss Re expects to insure 12 million Chinese through cancer scheme
Swiss Re has teamed up with pharmaceuticals company Roche Holdings to improve insurance provision for cancer suffers in China.
AIG and PICC to form China joint venture
American International Group plans to form a joint venture with the People's Insurance Company of China that may put it in direct competition with its former pan-Asian insurance unit, MarketWatch reported.
Cautious optimism for Hong Kong’s insurance market
With the Hong Kong insurance market continuing to grow rapidly you would expect insurers to be optimistic about the prospects for the market. This optimism is not unbridled, however.
Axa confirms Taiwan exit
Axa is withdrawing from Taiwan after failing to gain a licence from the country's regulator.
Top five Asian news stories
The top five Asian news stories from wwww.insuranceinsight.com over the past seven days.
HSBC in talks over sale of Ping An stake
HSBC may sell its stake in China's Ping An Insurance as part of a drive to improve profitability, the insurer confirmed on Monday.