News Page 1076 / 1088
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- May 12 2015
Generali Asia enters Malaysia after acquiring stake in local insurer
Acquisition marks Generali's entry into the Malaysian non-life market.
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- May 12 2015
India’s insurance employees’ union oppose hike in FDI
Increase would mean handing over the hard earned savings of the people to foreign capital, says AIIEA.
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- May 11 2015
Thai insurers may lower rates as slow economy hits profits
General insurance industry was expected to grow by just 5% this year.
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- May 11 2015
Bank Rakyat Indonesia seeks life insurance partner
Plans to set up an insurance unit in which it will hold a majority stake.
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- May 11 2015
NZ Insurance and superannuation job opportunities up 40%
Insurers are now focusing on employing people with diverse skills and experience following Canterbury earthquake.
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- May 11 2015
Fosun plans US$1bn share sale to fund insurance M&A
Company to invest in more insurers from Europe and the US in the coming years.
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- May 9 2015
State-owned insurer China Taiping eyes raising US$1.74bn in share sale
The proceeds would be used to expand its insurance business and grow into new areas.
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- May 9 2015
Australia’s Honan Insurance acquires Singapore’s MACS
General Insurance and Employee Benefits broker in South East Asia acquired for an undisclosed amount.
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- May 9 2015
Singapore’s life insurance business edges down in Q1
Surge in single-premium products attributed.
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- May 9 2015
Economic cost of Nepal earthquake could reach US$5bn – Aon
More than 700,000 homes, buildings and historical sites were damaged or destroyed.
