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- July 27 2017
Axa aims to join India’s top 10 insurers
The French insurer will focus on growing its agency sales force and closing new bancassurance deals.
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- July 26 2017
Hong Kong exchange rejects AMTD’s insurance IPO
The prospectus was reportedly described as “substantially incomplete” and an attempted appeal ended in failure.
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- July 26 2017
Great Eastern posts solid profit
Net profit surged 173% year-on-year thanks to strong sales from agencies and bancassurance business.
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- July 26 2017
Aetna buys Bupa Thailand
The deal is part of a strategy to expand in Asia and go "broader and deeper" into local healthcare markets.
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- July 25 2017
Only 10% of Asian firms prepared for cyberattacks
Businesses in the region are ill-equipped against and not covered for cyber attacks, says QBE survey.
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- July 25 2017
XL Catlin launches cyber policy in Asia
The solution is designed to protect businesses from malicious network compromise and data breach.
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- July 25 2017
Allianz eyes more partnerships in Malaysia
The company is looking at partnering with up to 10 firms this year to diversify and extend its business in the region.
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- July 24 2017
Great American boosts Singapore management
The company has hired three new senior executives, according to a statement.
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- July 24 2017
China continues to rein in financial risks
Insurers in the country are now barred from offering credit products to companies for financing.
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- July 24 2017
Global Insurance buys out Aon in India JV
The deal for the 26% stake immediately changes the JV's brand name to Global Insurance Brokers.
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- July 21 2017
Global losses from disasters down in 2017
Economic losses were 56% lower than the 10-year average during the first half of the year.
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- July 21 2017
Foresea Life to set up Communist Party committee
The move follows Xi Jinping's call for the enhancing of Party leadership in financial operations.
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- July 21 2017
More growth in Malaysian insurance sector
The sector is projected to post a high single-digit growth in new business premiums.
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- July 20 2017
Aviva to sell Friends Provident for US$443m
It has agreed to sell the business to RL360 Holding Company, a unit of International Financial Group, to free up capital.
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- July 20 2017
IAG to maintain just one division in Australia
The insurer will bring together all of its divisions in the country under chief operating officer Mark Milliner.
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- July 19 2017
Prudential Financial enters Indonesian life market
The US-based insurer has bought a 49% stake in Asuransi Jiwa Mega Indonesia, a subsidiary of CT Corp.
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- July 19 2017
Premiums up 21% in Vietnam
Insurers in the South-East Asian country saw premiums rise 21% in the first half on the back of rising living standards.
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- July 18 2017
Philippine insurers promote inclusive insurance
Five domestic insurance firms have forged a coalition to promote the growth of inclusive insurance market across the Asian region.
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- July 18 2017
Asia ill-prepared against cyber attacks, says Lloyd’s
Lloyd's risk modeling platform Cyence says losses from cloud service disruption could reach US$53 billion in an extreme case.
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- July 18 2017
Indian insurers bullish on continued growth momentum
The country's general insurance industry says that 20% annual growth will be sustainable in the coming years.
