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- February 20 2017
Panel of actuaries to examine new policies in India
New products will soon need the approval of a panel of actuaries before they can go on sale.
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- February 20 2017
Life revenues up 50% in Indonesia
The hike in total premium revenues was complemented by growth in bancassurance segment revenues.
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- February 17 2017
Global insurance rates continue to decline
The lack of catastrophe losses and over-capacity in the global market triggered the declines.
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- February 17 2017
Malaysia market tipped to post higher growth in 2017
Hopes are high for the industry to post better growth this year as consumer confidence improves.
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- February 17 2017
India insurance penetration to hit 4% this year
Insurance coverage in the country peaked at 5.2% in 2009, but is now back on a rising trend.
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- February 16 2017
AIG posts bigger-than-expected loss
Much of the loss was due to a reserve charge for long-term risks on existing US commercial policies.
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- February 16 2017
Sompo partners with Stanford and startup incubator
The Japanese insurer aims to develop products and services for the age of autonomous vehicles and robots.
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- February 15 2017
Dai-ichi Life considers using fintech in life insurance
The Japanese insurer is using its investment in bitFlyer to explore innovations that unite finance and technology.
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- February 15 2017
Chinese premiums up in 2016 but set for slowdown
CIRC expects growth to slow down this year due to stricter regulations for financial deleveraging.
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- February 14 2017
Reliance Nippon Life seeks partner
One of the largest life insurance companies in India is looking for a partner to merge with.
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- February 14 2017
China’s JD.com mulls online insurance business
One of China’s e-commerce giants is set to launch an internet insurance service.
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- February 14 2017
ING Life Korea seeks listing approval
The Korean life insurer is seeking approval for an initial public offering, according to an exchange official.
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- February 13 2017
Aon sells employee benefits outsourcing unit to Blackstone
The private equity firm outbid rivals for the benefits administration and human resources platform.
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- February 13 2017
New India Assurance will file IPO within eight months
The Indian insurer has said it will take six-to-eight months to prepare its initial public offering.
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- February 13 2017
Manulife HK sales jump 11%
Sterling results of insurance and wealth and asset management businesses drove the results.
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- February 10 2017
Suncorp eyes sale of US$1.5bn life insurance unit
Chief executive Michael Cameron said a sale is one of the options being considered.
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- February 10 2017
Aviva selling 50% stake in life insurer Antarius
The British insurer is reportedly exiting its French life insurance joint venture with Credit du Nord.
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- February 10 2017
Willis Towers Watson hires regional strategy head
Angelini is tasked with leading the company's expansion into wider strategy consulting services.
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- February 10 2017
Chinese insurers warned on overseas acquisitions
Some companies behave like “a little boy rushing into a candy store”, says CIRC official.
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- February 9 2017
Chinese insurers invested in 651 projects in 2016
Investments mostly went specifically to transport, energy, real estate, health care and elderly care.
