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- May 30 2018
Anbang begins search for strategic shareholder
The troubled insurer is seeking private investors as part of its transition from Chinese state control.
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- May 30 2018
Allianz Malaysia net profit up nearly 30%
The increase was attributed to higher premiums from the motor business on the general insurance side.
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- May 29 2018
Korean non-life insurers see fall in profits
The loss was partly attributed to accidents arising from cold weather conditions, government data shows.
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- May 29 2018
Swiss Re, SoftBank call off investment talks
Swiss Re said it has agreed with SoftBank to call off a potential minority investment by the Japanese technology conglomerate.
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- May 28 2018
The Society of Actuaries: Educating actuaries to tackle the global risks of today — and tomorrow
Managing exposure in a highly connected world
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- May 28 2018
Premiums written by India’s non-life insurers up 14%
Gross premiums rose to Rs138.8bn (US$2.03bn) in April compared to the same month of last year.
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- May 28 2018
Malaysian Re partners with Argo Managing Agency
The partnership is strategic in nature and a key component of Malaysian Re's business transformation 2020.
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- May 28 2018
Japanese insurers’ efforts to combat climate change still inadequate
Investment strategies are still not in accord with the Paris Agreement goals and progress has been very slow.
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- May 28 2018
Lisa Sun to lead AIG’s business in China
She joins the insurance group from Mercer, where she was CEO of its Hong Kong and South and East Asia zone.
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- May 25 2018
China jails former PICC president
Wang Yincheng has been sentenced to 11 years imprisonment for allegedly taking bribes.
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- May 25 2018
Singapore’s finance and insurance sector accelerates
The city-state’s life insurance industry recorded a 14% rise in weighted new business premiums in the first quarter.
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- May 25 2018
GE eyes selling off its insurance business
The GE Capital unit has incurred huge liabilities, shareholder lawsuits and a probe by US regulators.
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- May 25 2018
Philippines insurance sector logs 34% premium growth
Total premiums collected in the January-March period increased 34.4% to P76.64bn (US$1.46bn).
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- May 24 2018
China’s online property insurance premiums rebound
Consumers are favouring apps and third-party platforms ahead of through insurers' websites.
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- May 24 2018
Indonesia affirms 80% ownership cap on foreign insurers
Overseas insurers that control more than the cap will be allowed to continue to operate.
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- May 24 2018
Australia’s CBA sells BoComm stake to Mitsui Sumitomo
The sale will fulfil a condition of the sale of its life insurance businesses in Australia and New Zealand to AIA.
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- May 24 2018
Korean life insurers see net profits fall
Dwindling sales of savings-type products and weaker investment returns are reducing income.
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- May 23 2018
Anbang selling majority stake in Century Securities
The Chinese government-controlled insurer is looking to raise at least US$565m from the sale.
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- May 23 2018
Warburg Pincus to buy 26% stake in IndiaFirst Life
The private equity firm is lining up to buy Legal and General's stake for approximately US$150m.
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- May 23 2018
Big Tech plans insurance disruption
Almost 30% of customers around the world would be willing to buy insurance from Google and other tech firms.
