News Page 1056 / 1099
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- September 3 2015
Anbang fails in bid to buy Portugal’s Novo Banco
The US$4.5bn bid has fallen through after month-long exclusive talks with Portugal's central bank.
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- September 2 2015
Tianjin blasts will not affect profit, say Chinese insurers
PICC and CPIC say the effect of the accident will be minimal due to reinsurance.
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- September 2 2015
MetLife appoints Bharat Kannan to lead distribution
He will lead agency, bancassurance, employee benefits and global relationship management channels.
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- September 2 2015
Khor Hock Seng to step down as CEO of Aviva Asia
Chris Wei will continue to oversee the region and lead Aviva’s Asia growth strategy.
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- September 2 2015
Japan’s life insurers using shareholder power
More frequent opposition at shareholder meetings is aimed at improving corporate profits.
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- September 1 2015
QBE hires Mark Lingafelter to grow Asia-Pacific business
The former CEO of Chubb in Australia joins as managing director for the region.
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- September 1 2015
Thailand to revive travel insurance for visitors
The tourism ministry is considering the proposal following the recent bomb attack.
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- September 1 2015
Vietnam extends health coverage to weekends and holidays
Health examinations and treatment during holidays and weekends will now be covered.
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- September 1 2015
Macau casinos take out kidnap insurance to protect patrons
Alarmed by the rise in hostage-taking, casinos are turning to specialist insurance.
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- August 31 2015
Chinese private equity firm buys Ageas HK unit
JD Capital has struck a deal to buy Ageas’s Hong Kong life insurance unit for HK$10.7bn.