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- September 18 2017
India’s life insurers record 23% growth in first-year premium
The state-run Life Insurance Corporation remained the leader among the country’s life insurers.
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- September 18 2017
AIA set to buy Commonwealth Bank’s life assets
The Asian insurance group has become favourite to buy the unit in a deal said to be worth more than US$4bn.
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- September 18 2017
ZhongAn seeks US$11bn valuation in HK IPO
China's first internet-only insurer is selling a 15% stake that will see it raise US$1.5bn if the deal materialises.
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- September 15 2017
Manulife names new Asia CEO
Anil Wadhwani has been appointed president and chief executive officer of the division, taking over from Philip Witherington.
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- September 15 2017
At least 20 bidders eye Axa wealth unit in HK
China Taiping Insurance and Country Garden are reportedly among the companies that have expressed an interest.
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- September 15 2017
Ant Financial’s agri insurance JV gets green light
China’s insurance regulator has given the go-signal for a joint venture with China United Insurance to begin operations.
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- September 14 2017
Singapore bond issuers urged to take up insurance
Such policies would pay for the costs of calling for meetings and legal and financial advisory fees.
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- September 14 2017
Indian general insurance premiums up 32%
Private insurers ICICI Lombard General Insurance and Bajaj Allianz General Insurance led the growth.
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- September 14 2017
Cambodia sees life insurance rush
More than US$1bn worth of life premiums were issued in the first half of the year.
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- September 13 2017
Irma’s insured losses revised down
From estimates up to US$60bn, forecast insured losses have been revised down to US$20bn-US$40bn.
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- September 13 2017
Hurricane Harvey highlights insurance protection gap
A significant proportion of the unprecedented flood losses generated by the hurricane will be uninsured.
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- September 13 2017
Pat Regan expected to become QBE’s new CEO
He is expected to replace John Neal when the current CEO steps down at the end of the year.
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- September 12 2017
HDI Global SE appoints new Singapore head
Graham Silton will take over from Nicholas Cheng, who is retiring at the end of the year.
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- September 12 2017
Hurricane Irma could cost up to US$65bn
The extent of destruction and economic impact will not be fully known for some time.
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- September 11 2017
Vietnam premiums up 22%
Collections grew 22% during the first eight months of this year to about Vnd65.56tr (US$2.89bn).
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- September 11 2017
Blockchain to change insurance business model
The technology can reduce the uncertainty of insurers' risk pool system, says Deloitte.
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- September 11 2017
GC Securities and Marsh launch ILS platform
The JV standardises the placement process for collateralised reinsurance and private catastrophe bond deals.
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- September 8 2017
Marsh announces new global management structure
New chief executive John Doyle makes his mark with global restructuring and expanded executive management team.
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- September 8 2017
Listed Chinese insurers to benefit from risk crackdown
Efforts to contain the sale of risky short-term life insurance policies won't seriously affect the country's major insurers.
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- September 8 2017
Higher profits for Malaysia’s insurance, takaful firms
Traditional and Islamic insurers in the country are beginning to see a silver lining after a period of dreary results.
