Category: News Page 17 / 130
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- December 12 2017
Allied World appoints country manager for Australia
Iain MacLeod will lead the company in the execution of its growth plan for the country.
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- December 12 2017
ANZ nears final stage of sale of life insurance unit
A deal will likely be completed in the latter half of 2018 if the transaction is signed next week.
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- December 12 2017
Ping An on the hunt for more tech investment abroad
The company's innovation drive includes a facial recognition app that can spot lying borrowers.
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- December 12 2017
ZhongAn teams with Sinolink to expand overseas
China's first online insurer has partnered with the Hong Kong-listed investment holding company.
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- December 11 2017
Vietnam suffers rare US$1bn loss after Typhoon Damrey
This year marks the first time since 1993 that Vietnam has had a season with a Cat 2 and 3 typhoon landfall.
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- December 11 2017
IAG shares 12.5% premiums, costs with reinsurers
In an effort to curb volatility in its earnings Australia’s biggest general insurer is releasing capital.
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- December 11 2017
NTUC Income taps Fullerton to manage US$23bn in assets
The partnership is seen to create more opportunities to explore innovative investment products.
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- December 8 2017
Half of SMEs will buy insurance online
The insurance market for small and medium-sized enterprises is set to completely change, says PwC.
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- December 8 2017
ZhongAn takes inspiration from Ping An on insurtech
China’s first and largest online-only issuer says the market is big enough to support both companies' ambitions.
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- December 7 2017
India allows PE funds to own insurance companies
Private equity funds can now own up to 10% of the paid-up equity of an insurer, says Irdai.
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- December 7 2017
Vision Fund eyes investing in Chinese insurer Ping An
The fund is in discussions to invest in three firms Lufax, OneConnect or Ping An Good Doctor.
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- December 7 2017
LIC books 12% first half premium income growth
The results were driven by profits from the sale of equities during the period.
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- December 7 2017
AIG appoints general insurance COO
Tom Bolt joins the US insurer after 25 years at Berkshire Hathaway Specialty Insurance.
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- December 6 2017
Life segment leads growth in Thailand
The country's changing demographics and better personal and retirement coverage have provided opportunities.
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- December 6 2017
Product recall risks growing
Product-related risk is one of the biggest perils facing businesses today, with recall exposures having increased significantly over the past decade, bringing the potential for larger and more complex losses than ever before, warns insurer Allianz Global Corporate & Specialty (AGCS) in a new report.
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- December 6 2017
Taiwan Financial approved to inject new capital in insurance unit
The Taiwanese financial group has proposed adding US$330m of capital into Bank Taiwan Life Insurance.
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- December 5 2017
Steadfast to buy Whitbread Insurance for US$72m
Australia's biggest network of insurance brokers and advisers said it would finance the acquisition with a A$100m institutional placement.
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- December 5 2017
Eight Korean insurers tap online-only bank
K Bank has released 20 savings and protection "mobilessurance" policies through a mobile app.
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- December 5 2017
Nippon Life to buy 24.75% stake in TWC Group
The Japanese insurer will acquire 24.75% of the US investment firm from Carlyle for an estimated US$488m.
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- December 5 2017
Taiwan incentivises protection products
Starting next year, insurers can take advantage of a government scheme to improve the product mix.
