News Page 1154 / 1161
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- April 27 2015
Bank Negara approves Malaysian Re’s general and family retakaful business
Plans to undertake an internal restructuring for its retakaful business.
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- April 27 2015
Japan’s Asahi Mutual Life Insurance to raise foreign bond investment
The Japanese Insurance firm says domestic yields remain too low.
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- April 27 2015
China’s Fosun to invest in more European and US insurance firms
OneBeacon Insurance Group also said to be a target.
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- April 23 2015
Bangladesh to raise foreign stake in life insurance sector to 83%
Government keen to attract more foreign insurance companies to the country.
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- April 23 2015
Philippine National Bank seeks US$500m in sale of life insurance stake
Possible investors could come from Japan and Taiwan.
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- April 23 2015
China’s PSBC’s US$3bn stake sale attracts global investors
Bidders include Singapore's Temasek Holdings and French bank BNP Paribas.
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- April 23 2015
Reinsurance Group of America names India head
Thomas Mathew appointed Managing Director and Chief Executive of RGA India.
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- April 23 2015
Top global insurers plan mortgage loans and PE investments
Asian Insurers also look to invest more in infrastructure debt and US Investment grade corporate debt.
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- April 23 2015
Bank Rakyat Indonesia to sell stake in life insurance arm
The Bank is seeking a partner to develop its life insurance unit BRIngin Life.
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- April 23 2015
Compensation scheme for poor financial advice gets support in Australia
Draft legislation will provide compensation for customers found to be financially damaged by poor advice.
