News Page 769 / 998
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- December 7 2017
India allows PE funds to own insurance companies
Private equity funds can now own up to 10% of the paid-up equity of an insurer, says Irdai.
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- December 7 2017
Vision Fund eyes investing in Chinese insurer Ping An
The fund is in discussions to invest in three firms Lufax, OneConnect or Ping An Good Doctor.
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- December 7 2017
LIC books 12% first half premium income growth
The results were driven by profits from the sale of equities during the period.
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- December 7 2017
AIG appoints general insurance COO
Tom Bolt joins the US insurer after 25 years at Berkshire Hathaway Specialty Insurance.
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- December 6 2017
Life segment leads growth in Thailand
The country's changing demographics and better personal and retirement coverage have provided opportunities.
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- December 6 2017
Product recall risks growing
Product-related risk is one of the biggest perils facing businesses today, with recall exposures having increased significantly over the past decade, bringing the potential for larger and more complex losses than ever before, warns insurer Allianz Global Corporate & Specialty (AGCS) in a new report.
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- December 6 2017
Taiwan Financial approved to inject new capital in insurance unit
The Taiwanese financial group has proposed adding US$330m of capital into Bank Taiwan Life Insurance.
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- December 5 2017
Steadfast to buy Whitbread Insurance for US$72m
Australia's biggest network of insurance brokers and advisers said it would finance the acquisition with a A$100m institutional placement.
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- December 5 2017
Eight Korean insurers tap online-only bank
K Bank has released 20 savings and protection "mobilessurance" policies through a mobile app.
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- December 5 2017
Nippon Life to buy 24.75% stake in TWC Group
The Japanese insurer will acquire 24.75% of the US investment firm from Carlyle for an estimated US$488m.
