Friday, January 19, 2018

Life

Life insurance still driving valuation growth

Life insurance still driving valuation growth

The embedded value of Asian insurers continues to grow, driven by life insurance premiums and capital markets.

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LIC books 12% first half premium income growth

LIC books 12% first half premium income growth

The results were driven by profits from the sale of equities during the period.

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Life segment leads growth in Thailand

Life segment leads growth in Thailand

The country’s changing demographics and better personal and retirement coverage have provided opportunities.

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Eight Korean insurers tap online-only bank

Eight Korean insurers tap online-only bank

K Bank has released 20 savings and protection “mobilessurance” policies through a mobile app.

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Taiwan incentivises protection products

Taiwan incentivises protection products

Starting next year, insurers can take advantage of a government scheme to improve the product mix.

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FRS opens in Hong Kong and Malaysia

FRS opens in Hong Kong and Malaysia

Financial Risk Solutions’ two new offices are in Menara Darussalam in Kuala Lumpur and ICC in Hong Kong.

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Allianz and Sri Ayudhya Capital to deepen cooperation in Thailand

Allianz and Sri Ayudhya Capital to deepen cooperation in Thailand

The two companies will enter into strategic transactions across both life and general insurance.

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Three Chinese insurers punished over “problematic” policies

Three Chinese insurers punished over “problematic” policies

The three companies have been banned from applying for permission to sell new products for six months.

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Life insurers to benefit from China’s eased restrictions

Life insurers to benefit from China’s eased restrictions

The decision to ease restrictions on foreign ownership of financial firms is expected to attract more investment.

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Manulife appoints Singapore CEO

Manulife appoints Singapore CEO

Khoo Kah Siang joins from Great Eastern and will take up the role in February next year.

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Manulife, Sun Life report strong earnings

Manulife, Sun Life report strong earnings

The Canadian insurers have reported third-quarter earnings that exceed market expectations.

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Life business remains upbeat in Singapore

Life business remains upbeat in Singapore

The sector has continued to post sterling growth this year, registering double-digit growth amid robust sales.

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CDFHC expects gains after Taiwan insurer acquisition

CDFHC expects gains after Taiwan insurer acquisition

Development Financial Holding Corp says it is expecting “synergistic gains” after gaining a foothold in the Taiwanese market.

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China Life profit grows 365%

China Life profit grows 365%

Earnings have been buoyed by a leap in investment income amid an increasing stock market and robust premiums.

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Anbang resumes sale of high-yield products

Anbang resumes sale of high-yield products

Experts say government regulators must have extended a new lease on the group’s operations.

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Allianz to sell part of life insurance business in Taiwan

Allianz to sell part of life insurance business in Taiwan

The German insurance group has agreed to sell a portfolio of 78,000 policies to China Life.

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ANZ retains life unit but still has plans for sale

ANZ retains life unit but still has plans for sale

Life insurance will not be its main focus and the bank is planning to sell or even float the business.

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Aviva exits Taiwan

Aviva exits Taiwan

The British-headquartered insurer has decided to sell its stake in a local joint venture with First Financial.

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