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- March 26 2020
KB Financial likely acquirer of Prudential Life Korea
The US$1.8bn move would send a sign to rival Shinhan Financial, who acquired ING Life last year.
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- March 26 2020
Australia’s insurers mobilise Covid-19 responses
IAG, QBE, Suncorp and Zurich and others have implemented remote working measures.
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- March 26 2020
China Oceanwide’s US life deal still on
The US$2.7bn acquisition for Genworth Life has had years of regulatory hold ups.
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- March 25 2020
Singapore saw 7.6% GWP growth last year, but claims increased
The Lion City had a mixed 2019 with Covid-19 proving a tricky start to the new year.
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- March 25 2020
Australia’s regulators and associations eye Covid-19 relief
The government, APRA and ASIC have announced new measures to help businesses cope.
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- March 25 2020
Olympics cover under spotlight after postponement
The decision by Japan and the IOC is likely to have large implications for the event market.
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- March 24 2020
ZhongAn narrows losses to US$64m, sees premium boost
Insurtech bolstered by strong FY 2019 investment returns but failed to make an underwriting profit.
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- March 24 2020
India’s Acko secures more PE funding
Investment in the insurtech has surpassed US$100m despite an overall slowdown in deals.
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- March 24 2020
Lloyd’s Australia closes Sydney office amid Covid-19 outbreak
The move follows similar action in London as a result of the pandemic.
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- March 23 2020
CPIC’s profits climb 54% for 2019, warns on 2020 outlook
A strong rise in investment income bolstered earnings but Covid-19 will see growth stall.
