Japan, China and Korea Financial News,

eWeekly Japan:
Nipponkoa Insurance to Establish China Subsidiary

Nipponkoa Insurance, Japan's fourth largest and third oldest non-life insurer, has received the nod from China Insurance Regulatory Commission to set ...

eWeekly Japan:
Online Mall Operator Rakuten Ventures into Life Insurance

Japan's largest online shopping mall operator, Rakuten, is entering the local life insurance market by acquiring a 14.9% stake in life insurer Airio, ...

eWeekly Japan:
Dai-ichi Mutual Life To Purchase Stake in Australian Insurer

Japan's Dai-ichi Mutual Life Insurance is acquiring a 29.7% stake in the major Australian insurance firm, Tower Australia, for about A$370 million (US...

eWeekly: Asia
Sri Lanka Insurers Must Report Suspicious Transactions

The Central Bank of Sri Lanka has made it mandatory for all insurers in the country to provide information about suspicious transactions and to submit...

eWeekly: Asia
PhilNaRe Reports H1 Profit of PHP192 mn

The public-listed Philippine national reinsurer, National Reinsurance Corp of the Philippines (PhilNaRe), has reported a 41% fall in profit in the fir...

eWeekly: Asia
Bangla Deshi Insurers to Choose between Conventional and Islamic Insurance

Insurers in Bangla Desh, many of which operate both conventional insurance and takaful, will have to choose between the two types of insurance under t...

eWeekly: China
Major Chinese Insurers Face Fall in Profit

China's largest life insurance companies are facing a profit decline this year, largely because of the stock market doldrums.

eWeekly: China
Insurers Urged to Provide Financial Support to Quake-hit Sichuan

Chinese insurers, together with banks and other financial institutions, have been urged by the central authorities to provide more financial support f...

eWeekly: China
Low-Premium Rural Life Insurance Products Put on Market

China Life Insurance, the country's largest life insurer, is launching several low-premium life insurance products for the rural population, reports t...

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