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- February 26 2018
Phoenix buys Standard Life insurance unit
The US$4.5bn transaction follows its recent purchases of Abbey Life and Axa Wealth.
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- February 23 2018
Yearly cybercrime losses top US$600bn in 2017
Hackers are becoming more sophisticated, with India, Vietnam and North Korea emerging as cybercrime centres.
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- February 23 2018
China mulls share ownership limit
CIRC is planning several new measures to limit the ownership of single shareholders in insurers.
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- February 23 2018
Indian insurers enjoy big sales hike
Premiums surged 14% year-on-year to US$64b, according to the latest data from Irdai.
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- February 23 2018
Generali eyes opportunities in the Philippine market
After the end of its 17-year partnership with BDO Unibank it intends to re-focus on group life and health.
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- February 22 2018
EY – APAC insurance CRO survey 2017–2018
Empowering for transformation
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- February 22 2018
Taiwan insurers urged to fund public projects
Insurers have been urged tap into their funds to help support national infrastructure and development projects.
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- February 22 2018
Allianz delivers strong growth in Asia
Operating profit in the region grew 22% to €273m, driven by strong performance across the business.
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- February 22 2018
Risk culture still lacking in Asia – EY
Less than half of insurers across the region have developed a risk culture or risk conduct framework.
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- February 21 2018
US$375bn awaits insurance innovators, says Accenture
The largest of these revenue growth opportunities will arise in Asia Pacific, a new report says.
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- February 21 2018
HDFC seeks to acquire Apollo Munich
India’s biggest mortgage firm has entered into the talks as part of a new push for growth through acquisitions.
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- February 20 2018
Myanmar opens doors to three foreign insurers
Local players are strongly opposed to liberalisation but the government is driving reform nevertheless.
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- February 20 2018
SoftBank eyes board seats at Swiss Re
Founder Masayoshi Son is reportedly scheduled for a meeting with the Swiss company to discuss a possible agreement.
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- February 20 2018
China’s public insurance adjusters to see more scrutiny
CIRC has said public insurance regulators should be organised as either partnerships or corporations.
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- February 19 2018
Sun Life to embark on acquisitions
The planned spending spree has been helped by better-than-expected earnings in the fourth quarter.
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- February 19 2018
Khazanah unit to sell its Turkish insurance business
The Malaysian sovereign wealth fund is seeking to dispose of Istanbul-based Acibadem Sigorta.
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- February 19 2018
China’s Rongfeng asked to justify plan to buy stake in Greek insurer
Doubts emerge it may not have the capacity to engage in the deal with Ethniki Hellenic General Insurance
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- February 15 2018
FWD hires Arthur Lee as South-East Asia chairman
He will oversee FWD’s expansion in the region, as well as leading corporate governance across the group.
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- February 15 2018
IAG reviews Asian operations
The review comes after a sharp surge in its first half 2017 profits, owing to higher premiums.
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- February 15 2018
Bank Danamon considers selling stake in insurance subsidiary
The Indonesian bank's insurance subsidiary is attracting interest from foreign investors.
