-
- October 24 2017
Takaful market continues to enjoy growth
Data gathered by Kenanga Research show the family sector grew 5% in September, while the general sector grew 9%.
-
- October 24 2017
Anbang resumes sale of high-yield products
Experts say government regulators must have extended a new lease on the group’s operations.
-
- October 23 2017
AIA’s value of new business hits projections, grows 20%
The performance comes after robust growth in China that made up for slower sales through IFAs in Hong Kong.
-
- October 23 2017
IAG stalls Asia expansion to focus on home markets
Declining commercial and regulatory conditions have restrained opportunities for its expansion in the region.
-
- October 23 2017
India’s National Insurance seeks IPO approval
The state-owned general insurance company is seeking approval for an offering that could value the insurer at US$3.84bn.
-
- October 20 2017
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.
-
- October 20 2017
Prudential launches fintech programme in Singapore
The Pru Fintegrate partnership programme will see the company co-develop digital solutions.
-
- October 20 2017
Indian insurers told to run cyber security audits
The regulator has asked for immediate security audits after reports of cyber attacks targeting financial institutions.
-
- October 19 2017
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.
-
- October 19 2017
Markel launches fintech insurance in Singapore
The policy offers comprehensive protection for businesses in the financial technology sector in Asia.
-
- October 18 2017
Yunfeng’s MassMutual acquisition to take another year
It could take at least one year for the Chinese group to complete its US$1.7 billion acquisition.
-
- October 18 2017
XL Group to buy 20% of Mahindra Insurance Brokers
The stake in the insurance broker, which caters to rural and semi-urban India, is reported to carry a price tag of US$40m.
-
- October 18 2017
Mitsui Sumitomo to invest more in foreign bonds, ETFs
The Japanese insurance company intends to increase investment in higher-risk assets by as much as US$268m.
-
- October 18 2017
Honan Insurance to acquire Singapore-based NGA Benefits
The Australian-owned and operated buyer is looking to add to its growing employee benefits business in South-East Asia.
-
- October 17 2017
AIG launches Hong Kong cyber products
The insurer is targeting cyber insurance growth as policy requests rise 87% following WannaCry and NotPetya cyber attacks.
-
- October 17 2017
India’s RenewBuy raises fresh funds from Amicus Capital
The second round of funding has brought in US$9.26m for the Indian online insurance aggregator.
-
- October 16 2017
Insurers, tech firms to tackle risks from drones, driverless cars
Various parties will meet at the World Economic Forum to manage the novel risks involved in new technologies.
-
- October 16 2017
AIA, Bangkok Bank renew bancassurance deal
The Hong Kong-based insurer has extended its agreement with the Thai bank for a further 15 years.
-
- October 16 2017
Tencent-backed insurance agency gets approval
Weimin got the green light to begin operations from the China Insurance Regulatory Commission.
-
- October 16 2017
Aviva exits Taiwan
The British-headquartered insurer has decided to sell its stake in a local joint venture with First Financial.