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1 through 20 of 24 matching documents, best matches first.   Sort by date

Perspectives: IAIS Ponders the Experiences of Insurers in the 2008 Financial Crisis
Asia life unit, AIA Ltd., in Singapore and Hong Kong, as worried policyholders feared the parent company's troubles would hit the underwriting subsidiaries, the report noted in ...
Source: BestWire   Date: November 21, 2011
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Insurers Seek New Growth Outlets in Taiwan's Saturated Market
Celent in a market report. The market still offers potential for untapped opportunity. As for retirement plans, many Taiwanese are interested in individual annuity products due to ...
Source: BestWire   Date: March 2, 2010
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China's Insurance Market Concludes a Decade of Rapid Evolution
... China National Petroleum Corp. (CNPC), won approval to establish in China in January 2002 and became the first Sino-foreign insurance joint venture to operate insurance business ...
Source: BestWire   Date: January 19, 2010
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Lessons From HIH Collapse Helped Australia's Insurers Through Current Financial Crisis
University of New South Wales. In the past decades, similar problems had "repeated and repeated" again. "People just forgot about the lesson learned from the events," he noted. "We ...
Source: BestWire   Date: December 22, 2009
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Zurich Looks Into Broader and Deeper Life Expansion in Asia
Mario Greco, CEO of global life insurance at Zurich. Indonesia's life insurance penetration is low at 0.9% in terms of gross domestic product, according to Swiss Re's [85009] sigma ...
Source: BestWire   Date: December 1, 2009
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Buyers Of AIG's Taiwan Life Assets Face More Regulatory Hold-Ups
Chinatrust through a subscription of 1.17 billion shares of Chinatrust's common stock at NT$17.74 (US$0.55) per share (BestWire, Nov. 18, 2009). The deal is subject to regulatory ...
Source: BestWire   Date: November 27, 2009
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AIG's Nan Shan Sale Held Up as Regulators Seek More Documentation
Primus Financial Holdings Ltd. and China Strategic Holdings Ltd., to submit more documents for further review. The requirement for more documents was "not a rejection" of the bid, ...
Source: BestWire   Date: November 19, 2009
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Chinatrust Challenges AIG's Nan Shan Deal in Taiwan
Chinatrust Financial Holding Co., one of the bidders for American International Group Inc.'s [18540] Taiwanese life unit, is challenging AIG's deal to sell the unit to a consortium ...
Source: BestWire   Date: November 4, 2009
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AIG Cleared to Replace Its Beijing Representative Office Chief
Beijing representative office. According to AIG, Beijing-based Murray, who was named managing director of the research team of AIG Asia in 2007, runs AIG's corporate research ...
Source: BestWire   Date: October 16, 2009
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Australia's Regulator Touts Vigilance Over Systemic Risk
... Compensation Practices, according to APRA. To empower and embolden boards to determine sound remuneration arrangements for all staff who can "materially affect" the performance of ...
Source: BestWire   Date: September 15, 2009
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China's Motor Insurers Rev Up the Premiums, But Claims Costs Prove Hard to Control
Jenny Lai, consultant at Towers Perrin. Overall, competition and focus on premium growth have come at the cost of profitability, noted Lai. It is impossible to reckon how ...
Source: BestWire   Date: September 1, 2009
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Taiwan Regulator: Nan Shan Bidders Need to Show Long-Term Business Goals
The bidding closed a second round on Aug. 28. Nan Shan declined to comment on the bidding and any further timeline for its conclusion. The Financial Supervisory Commission affirmed ...
Source: BestWire   Date: August 31, 2009
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Vietnam Regulator: Insurance Sector to See Double-Digit Growth
Life insurance premiums totaled 10.33 trillion dong. Foreign Influence The opening of the insurance market to foreign companies has increased competition and development for ...
Source: BestWire   Date: July 7, 2009
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Regulators Worldwide Grapple With Group Supervision in the Wake of AIG's Stumble
But this is an issue that won't go away. In the United States, the National Association of Insurance Commissioners is poised to assert regulatory authority over noninsurance ...
Source: BestWire   Date: May 26, 2009
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Citing Uncertainties, China Life Drops Out of Bidding for AIG’s Asia Life Unit
Regulatory Commission Vice Chairman Li Kemu saying on Feb. 26 that China Life and AIG were in talks over the sale of AIG's Asian unit. Li said in a statement that AIG's problems ...
Source: BestWire   Date: February 27, 2009
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AIG General China Cleared to Operate Reinsurance Businesses With Affiliates
General Insurance Company China Ltd. was granted permission by China's insurance regulator to operate reinsurance businesses with five of its related companies. The related ...
Source: BestWire   Date: January 5, 2009
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BestWeek: AIG Faces High-Profile Week With Executive Exodus, Liddy's China Visit
Standard Life, Prudential and Aviva. Also in BestWeek U.S./Canada, The National Association of Insurance Commissioners is staunchly opposed to federal regulation of the insurance ...
Source: BestWire   Date: December 12, 2008
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Philippines Regulator Says Local Market Resistant to Global Financial Turmoil
... Philippines are allowed to invest in equities. To regulate those investments, Chiong said, the IC has criteria for both investee companies and investor companies. The insurance ...
Source: BestWire   Date: October 20, 2008
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Vietnam's Prime Minister Announces License for AIG
American International Group Inc. is proving it still has some of that legendary pull in Asia/Pacific markets. AIG (NYSE:AIG) said notification that it would get a general ...
Source: BestWire   Date: June 24, 2005
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Analysts Cautiously Upbeat as AIG Seeks to Clear the Air With Financial Restatements
American International Group Inc.'s management is hoping the filing of its much-anticipated 10-K report will clear the air with one big blast that overhauls questionable accounting ...
Source: BestWire   Date: June 2, 2005
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