News Page 598 / 859
-
- May 15 2018
Pru asks KWAP to improve its offer for stake in Malaysia unit
The retirement fund's bidding price for the 30% stake was short of the UK-based insurer's expectations.
-
- May 15 2018
Sompo Japan Nipponkoa ups stake in Indian unit
It will acquire a further 6% in Universal Sompo General Insurance from Karnataka Bank.
-
- May 15 2018
Mirae Asset Life launches merged entity in Vietnam
Prevoir Vietnam Life Insurance is a 50:50 joint venture with French insurer Groupe Prevoir.
-
- May 14 2018
Singapore life insurers post 14% rise in Q1 sales
Linked policies recorded the highest growth, up 82% from the same period last year.
-
- May 14 2018
China issues new rules on disclosures for insurers
New rules have been released to clarify ambiguous rules on disclosures for insurance companies.
-
- May 11 2018
Two Anbang-held Korean insurers maybe up for sale
The two companies, Tongyang Life and ABL Life, could be sold in a package deal or separately.
-
- May 11 2018
AIA co-leads US$500m investment in WeDoctor
The Hong Kong-listed insurer co-led the funding round in a Tencent-backed Chinese online healthcare solutions platform.
-
- May 11 2018
China jails ex-Anbang Insurance boss for 18 years
A Chinese court has sentenced Wu Xiaohui after a trial that accused him of stealing more than US$10bn.
-
- May 10 2018
Sun Life Philippines CEO to retire in June
After 26 years with the firm, Riza Mantaring is retiring and will be succeeded by Benedict Sison.
-
- May 10 2018
World Bank inks risk-sharing deal with Nexi
The bank's political risk insurance arm has agreed to share risk in Japanese investments in developing countries.