News Page 1129 / 1349
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- October 27 2017
AIA inks 15-year bancassurance deal in Vietnam
The partnership with VPBank will provide acess to the bank's network of 215 branches and transaction offices.
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- October 27 2017
India’s health segment to grow faster than motor
With just 10% of people taking up commercial health insurance, the sector has more room to grow.
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- October 26 2017
Citi banker joins Ping An fund as COO
Donald Lacey is reportedly set to leave the bank to join the US$1bn Global Voyager Fund.
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- October 26 2017
Moody’s keeps negative outlook on Taiwan market
The industry has shown improvement with margins on savings products but still needs to make progress.
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- October 25 2017
Vietnam’s health coverage likely to hit 83% this year
The prime minister announced the penetration rate at the fourth session of the 14th National Assembly in Hanoi.
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- October 25 2017
Malaysia warns insurers against raising motor premiums
Any increase above 10% after tariff liberalisation will require the approval of the Bank of Negara Malaysia.
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- October 25 2017
Party committees to be revived in Chinese insurance JVs
The Communist Party is aiming to bring back the formerly inactive committees to extend its representation in business.
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- October 25 2017
Great Eastern logs 21% profit hike
The improved performance in operations is credited to multi-channel distribution by agents and bancassurance partners.
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- October 24 2017
Taiwanese insurers hurt by China losses
Shin Kong Life, Cathay Life and Taiwan Life are facing loss-to-investment ratios of 100%, 48% and 59%.
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- October 24 2017
China Life expects 95% net profit growth
Higher returns on investment during the first three quarters have helped profits to almost double on poor 2016 numbers.