News Page 748 / 911
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- February 1 2017
India’s SBI Life eyes IPO within next fiscal year
Chief executive officer Arijit Basu says the life insurer may sell a 10% stake by March 2018
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- January 31 2017
QBE plays down Allianz takeover report
Firm issues statement denying it was in discussion after report appears in German newspaper.
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- January 31 2017
S Korean insurers post 34.3% rise in online sales
Non-life firms sales had risen to a total of W1.4 trillion (US$1.19 billion) in 2016.
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- January 30 2017
India drafts guidelines on outsourcing insurers’ activities
IRDAI proposed rules designed to ensure firms comply with prudent risk management practices.
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- January 30 2017
Zurich, Chinese bank tie up on bancassurance
Indonesian entity of Swiss giant partners with Bank of China to explore bancassurance services.
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- January 27 2017
Japanese insurers expand cyber attack coverage to IoT
Several of the country's major non-life insurers are offering wider coverage and higher payout limits.
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- January 27 2017
Consortium to explore use of blockchain in insurance
The Blockchain Insurance Initiative is planning to announce several new members in the next weeks.
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- January 27 2017
Samsung Life’s 2016 net profits hit US$1.83bn
However, excluding a one-time profit, actual net profits slightly declined from a year earlier.
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- January 27 2017
China introduces new agri insurance subsidies
The new measures will better evaluate performance the subsidies, the Ministry of Finance said.
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- January 26 2017
Intesa SanPaolo in tie up opportunities with Generali
A tie-up between the two companies would create Italy's largest financial conglomerate.
