News Page 626 / 881
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- April 16 2018
AIG appoints chief claims officer
Anthony Vidovich is expected to craft the strategic direction of general insurance claims.
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- April 13 2018
Cathay Life’s move on Bank of Nova Scotia’s Malaysian unit fails
The Taiwanese financial group did not give details on why the deal fell through, but said it wasn't about price.
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- April 13 2018
China to relax foreign ownership in life sector from June
Limits in joint venture life insurance companies will be raised to 51% this year and removed in three years.
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- April 13 2018
India’s general insurers book 17% direct premium growth
Private sector general insurers recorded even stronger growth of 21.6% during the financial year just ended.
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- April 12 2018
Sompo International creates retail platform for global integration
The group envisions bringing all its international businesses outside Japan under the ownership of one unit by 2020.
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- April 12 2018
Losses reach US$144bn from catastrophes in 2017
The figure is the highest recorded in a single year and double the losses of 2016, the second-highest on record.
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- April 12 2018
Prudential to increase investment in China
The company is aiming to boost its product coverage and sales distribution in the country.
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- April 12 2018
Beazley appoints Asia-Pacific head
Lucien Mounier will oversee growth opportunities in the region for its portfolio of specialist insurance products.
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- April 11 2018
Asian insurtech M&A surges
The transaction volume of insurtech M&A in Asia hit US$460 million in 2017, more than three times that of 2016.
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- April 11 2018
PICC eyes Shanghai listing
The parent of China’s biggest non-life insurer is planning a secondary listing to raise over Rmb10bn in fresh capital.
