Category: News Page 6 / 130
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- March 29 2018
Fubon Life to become Hyundai Life’s largest shareholder
The Taiwanese life insurance company is set to take up the forfeited options of Hyundai Mobis.
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- March 29 2018
Three state-owned Indian insurers undergo merger review
National Insurance, United India Insurance and Oriental India Insurance will merger within the next six months.
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- March 29 2018
Anbang’s Wu Xiaohui goes on trial in China
The proceedings come a year after he was detained on accusations of fraudulently raising Rmb65bn.
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- March 28 2018
Goldman Sachs eyes Indian insurance acquisition
The Wall Street bank's private equity unit is reportedly in talks to buy a minority stake in Royal Sundaram.
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- March 27 2018
Malaysia to revise takaful framework
The new approach aims to create an environment that fosters innovation, according to the central bank.
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- March 27 2018
Willis Towers Watson expands Asia corporate business
Simon Weaver will oversee growth of the corporate risk and broking business across Asia and Australasia.
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- March 27 2018
Foreign majors seek ownership rule review in Malaysia
AIA, Great Eastern, Prudential and Tokio Marine say they are struggling to find suitable local partners.
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- March 27 2018
China’s low penetration an opportunity for global insurers
Manulife president and CEO Roy Gori sees great potential as the country rolls back foreign ownership caps.
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- March 26 2018
QBE still targeting Asia expansion
Despite struggling in the region, it will continue to expand after seeing some improvements.
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- March 26 2018
Fosun advances plan to buy Greek insurer
The Chinese group has formally expressed interest in buying Greece’s leading insurance firm, Ethniki.
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- March 26 2018
China Life net profit soars 68%
Earnings of more than US$5bn in 2017 were driven by its exclusive individual agent channel.
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- March 23 2018
Ping An plans spinoff and listing of four unicorns
Ping An Good Doctor and Lufax are among the startups being slated for initial public offerings.
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- March 23 2018
Six Japanese life insurers consolidate pension businesses
The move is aimed at combatting the effects of the government’s persistent, low interest rate policy.
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- March 23 2018
Guo Shuqing named head of China’s merged regulator
The former banking regulator is set to take over the new combined banking and insurance watchdog.
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- March 22 2018
Prudential to boost investment in Asia
Over the next three years, it is aiming to pour US$420m a year into technology in the region.
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- March 22 2018
Ping An beats expectations with 2017 results
The Chinese insurer posted 43% growth in net profit and will double its dividend payment.
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- March 22 2018
Etiqa reports record profits for 2017
The Malaysian insurer said its pre-tax earnings reached a record US$280m, up 18.5% from 2016.
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- March 21 2018
Financial Risk Solutions opens second Asia office
The unit-linked investment administration and compliance oversight software provider has opened in Hong Kong.
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- March 21 2018
JLT Re appoints new head of treaty business in Asia
Vinod Krishnan will be responsible for building the company’s treaty reinsurance offering in Korea and South-East Asia.
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- March 21 2018
Korea Development Bank postpones sale of life unit
The former Kumho Life will not be sold for at least two years or until it becomes more competitive.
