Category: News Page 9 / 130
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- March 1 2018
Bangladesh to go after excessive insurance commissioning
The country's insurance regulator has vowed to intensify a campaign to crack down on the practice.
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- March 1 2018
AIA targets China’s hinterland provinces
Relaxed regulations on foreign ownership of financial entities is opening the door to smaller provincial markets.
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- March 1 2018
Axa reaffirms commitment to fight climate change
It aims to hit US$15bn in green investments by 2020, which is four times its 2015 achieved target.
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- March 1 2018
Allianz gets regulatory nod for sale of Taiwan portfolio
The insurer hopes to sell more than 78,000 life policies to Taipei-based China Life Insurance.
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- February 28 2018
AIA’s boosts new business by 28%
The company said that the growth was due to sustained demand in its core markets of Hong Kong and China.
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- February 28 2018
Anbang says it supports government’s takeover
A spokesman has said that the insurer back CIRC’s move to take control of the company for one year.
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- February 28 2018
Paytm seeks insurance licence
The online payments company is set to file an application to operate as a life and general insurer.
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- February 28 2018
Malaysia’s general insurance, takaful to stay flat in 2018
Competitive pressures, tariff liberalisation and weak consumer sentiment are all affecting the industry.
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- February 27 2018
Three Chinese insurers sanctioned for foreign investment breaches
China Re Asset Management, China Life and Ping An Insurance violated regulations on investable countries.
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- February 27 2018
QBE posts US$1.25bn net loss for 2017
The losses are attributed to claims from natural disasters and underperforming businesses in emerging markets.
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- February 27 2018
Cigna expands senior executive roles
Two senior executives take on bigger roles and a new head of network and product is announced.
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- February 26 2018
Chinese government takes over Anbang Insurance
The state is taking temporary control of the insurer and prosecuting its founder over allegations of fraud.
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- February 26 2018
Willis Towers Watson appoints new Hong Kong leadership
Ex-Sun Life Hong Kong CEO Roger Steel becomes managing director for Hong Kong and Macau.
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- February 26 2018
Phoenix buys Standard Life insurance unit
The US$4.5bn transaction follows its recent purchases of Abbey Life and Axa Wealth.
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- February 23 2018
Yearly cybercrime losses top US$600bn in 2017
Hackers are becoming more sophisticated, with India, Vietnam and North Korea emerging as cybercrime centres.
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- February 23 2018
China mulls share ownership limit
CIRC is planning several new measures to limit the ownership of single shareholders in insurers.
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- February 23 2018
Indian insurers enjoy big sales hike
Premiums surged 14% year-on-year to US$64b, according to the latest data from Irdai.
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- February 23 2018
Generali eyes opportunities in the Philippine market
After the end of its 17-year partnership with BDO Unibank it intends to re-focus on group life and health.
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- February 22 2018
Taiwan insurers urged to fund public projects
Insurers have been urged tap into their funds to help support national infrastructure and development projects.
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- February 22 2018
Allianz delivers strong growth in Asia
Operating profit in the region grew 22% to €273m, driven by strong performance across the business.
