News Page 1232 / 1253
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- June 15 2015
Taiwan’s Nan Shan Life to acquire AIG unit for US$158m
Nan Shan Life to buy the personal and SME insurance businesses from AIG's unit in Taiwan.
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- June 15 2015
Great American Insurance Group establishes in Singapore
Monetary Authority of Singapore grants formal licence for branch operation.
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- June 15 2015
Insurance payout for Yangtze accident to hit US$14.8m
Payout involves 340 contracts underwritten for parties involved with the incident.
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- June 15 2015
German reinsurance giant Hannover mulls setting up India branch
Considers the possibility of setting up a branch in India as a reinsurer.
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- June 12 2015
Reliance Insurance to hire 20,000 agents across India this year
RLIC to raise its agency force by 20% across the country this year.
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- June 12 2015
Japan’s Tokio Marine to acquire HCC Insurance for US$7.5bn
Overseas acquisition set to be biggest ever entered into by a Japanese nonlife insurance firm.
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- June 12 2015
China Life Insurance launches first overseas unit in Singapore
Singapore to offer a wide range of products, including health insurance and investment options.
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- June 12 2015
Anbang Insurance’s US$1bn acquisition of Tong Yang Life approved
Approval issued despite concerns over reciprocity.
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- June 11 2015
All insurance policies in India will soon be available in digital format
Life and non-life policies to be available in digital form.
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- June 11 2015
BDO Unibank acquires Generali Pilipinas Holdings
Acquisition part of the bank's strategy to diversify into the life insurance business.
