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Swiss Reinsurance Company Ltd

 
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Swiss Re Names Regional Board of Directors With Launch of Regional Headquarters in Singapore
Asia with the launch of its regional headquarters Swiss Re Asia Pte. Ltd. in Singapore, according to a statement from the reinsurer. Lim Siong Guan, former group president of the ...
Source: BestWire   Date: January 31, 2018
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SIRC Participants: M&As and Regulatory Changes Set New Trends in Asia
Reinsurance Conference in Singapore. M&As are expected to continue in Asia but size will not be the determining factor for success as the region still sees substantial room for ...
Source: BestWire   Date: November 6, 2015
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Swiss Re Acquires Entire Stake in RSA's China Unit
Commission to sell its entire stake in Sun Alliance Insurance (China) Ltd. to Swiss Re, according to a CIRC statement. Sun Alliance Insurance (China) will change name to Swiss Re ...
Source: BestWire   Date: May 5, 2015
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China Seeks to Develop Critical Illness Insurance Market
Xiang (Best's News Service, Sept. 24, 2012). Currently in China, the government bears more than 50% of total health care expenditures, while out-of-pocket expenditures take up ...
Source: BestWire   Date: March 21, 2013
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China's Advancing Health Care Reforms Boost Private Medical Insurance
Cigna & CMC Life Insurance Co. Ltd., a health insurance joint venture between Cigna and a China Merchants Group affiliate. According to the Shenzhen-based insurer, in a country ...
Source: BestWire   Date: January 30, 2013
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Agricultural Bank of China Becomes Controlling Shareholder of Jiahe Life
Jiahe Life Insurance Co. Ltd., according to the China Insurance Regulatory Commission. With the CIRC clearance, all five leading China state-owned banks are now equity stakeholders ...
Source: BestWire   Date: November 26, 2012
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New Capital Rules Expected to Shake Up Philippines Insurance Market
Secretary of the DoF, in a statement. According to the Insurance Commission of the Philippines, there are 29 life, 74 nonlife and four composite insurers that had been granted a ...
Source: BestWire   Date: September 5, 2012
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Swiss Re: New Capital Rules, Economic Pressures Drive M&A in Southeast Asia
Solvency II regime by 2014. "This will also trigger more potential M&As, especially those financial institutions that are stressed under the new regime amid the euro crisis that ...
Source: BestWire   Date: August 29, 2012
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China Expands Individual Microinsurance Nationwide
Swiss Re (Best's News Service, Jan. 4, 2011). (By Rebecca Ng, Hong Kong news editor: Rebecca.Ng@ambest.com)
Source: BestWire   Date: July 19, 2012
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South Korean Regulator: Efficient Regulation Key to Emerging Market Growth
United Nations, in a report. "With world premium volume of more than $4 trillion and global assets under management of more than $24 trillion, insurers that embed sustainability in ...
Source: BestWire   Date: July 11, 2012
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HSBC Expects Bancassurance to Flourish in China Despite Intense Competition
Shenzhen Development Bank in 2010. Ping An said the deal would expand its banking and investment businesses, further strengthening its integrated financial platform (Best's News ...
Source: BestWire   Date: June 5, 2012
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China Seeks to Revitalize Life Insurance Sector Through Pension Reform
News Service, April 30, 2012). China's working age population - ages 15 to 59 years - will begin to decline as early as 2015, according to Swiss Re. Meanwhile, the segment of ...
Source: BestWire   Date: May 8, 2012
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Insurance Insiders Say Foreign Insurers Can Help China Combat Motor Claims Difficulties
The recent announcement by Chinese and U.S. officials to commit China to allowing foreign insurers into the compulsory third-party motor market will accelerate that market's ...
Source: BestWire   Date: February 21, 2012
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Swiss Re: Capitalization Is Top Concern for Asia-Based Insurers in 2012
Clarence Wong, Swiss Re's chief economist in Asia. Sustained growth in the primary insurance markets will continue to support reinsurance growth in the region next year. "Capacity ...
Source: BestWire   Date: December 20, 2011
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Swiss Re: Risk Management Mindset Taking Hold Among China's Insurers
Wiest in an interview. It is more important to have a "gradual process" leading to a regulatory framework adapted to China, that instills trust in the customer and is reliable by ...
Source: BestWire   Date: November 22, 2011
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A.M. Best: Chinese Insurers Will Need to Balance Profitability With Risk Management
Best Asia-Pacific Ltd., in a panel discussion at a China seminar organized by A.M. Best Co. in Beijing. Profitability could be divided into three categories -- "absolute ...
Source: BestWire   Date: November 8, 2011
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China's Ping An Confident as Motor Market Prepares for Reform
Insurance Company of China Ltd., the second-largest nonlife insurer in the country. In view of the regulatory environment, "stricter regulations and healthier market environments ...
Source: BestWire   Date: September 27, 2011
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Foreign Insurers Wary of Market Differentiation, Profitability Concerns in China's Auto Market
China is no exception. The challenge is to differentiate our services among local companies in various provincial markets," said Jackson Tang, China managing director of Liberty ...
Source: BestWire   Date: September 20, 2011
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Foreign Players May Ease Loss Pressure in China's Tightly Regulated Motor Market
Best Asia-Pacific Ltd. Lee indicated the problem is caused by the imbalance of demand and supply forces. China first introduced compulsory liability insurance in 2006. Currently, ...
Source: BestWire   Date: September 13, 2011
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Swiss Re's Holzheu: Lingering Effects of Financial Crisis Hit Insurers' Underwriting Performance
International Insurance Society's 47th annual seminar in Toronto. Insurance markets have been "back in growth mode" since the second half of 2010, but the lingering effects of the ...
Source: BestWire   Date: June 22, 2011
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