News Page 1106 / 1252
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- November 2 2016
Negotiations extended for sale of Felda’s AXA Affin stake
Talks between Affin and the state-run planter’s stake will be allowed to extend for another three months.
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- November 2 2016
India’s non-life gross premiums up 86% in September
Among the 23 private sector players, HDFC Ergo General's underwritten premium almost tripled.
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- November 2 2016
India requires reinsurance applicants to bring in capital
IRDA moves closer to final approval with a capital request of Rs5 billion (US$75 million) each.
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- November 2 2016
Korean life insurers cut workforce amid profit decline
The layoffs are primarily geared toward cutting costs in an environment of low interest rates.
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- November 1 2016
Allianz Malaysia approved to buy HSBC Amanah Takaful
Negotiations between all parties are expected to be concluded within the next six months.
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- November 1 2016
Metlife to exit Indian insurance venture
The US insurer will sell its 26% stake in PNB Metlife to focus on challenges in its home market.
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- October 31 2016
Private health insurance continues apace in China
China’s private healthcare insurance market is developing at a staggering pace.
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- October 31 2016
Challenger enters Japanese market
It will sell Aussie dollar annuities through a deal with Mitsui Sumitomo Primary Life Insurance.
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- October 31 2016
Ping An Insurance’s 3Q profit up 15%
The company recorded a 15% increase in its net profit for the third quarter on the back of strong insurance sales.
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- October 28 2016
Zurich eyes bancassurance growth in Indonesia
More growth in bancassurance business is expected as Zurich Topas Life partners with Bank CTBC Indonesia.
