News Page 776 / 1047
-
- June 29 2018
Manulife to free capital by offloading businesses
Over the next three years the company is planning to free up US$5.1bn partly through the sale of some of its businesses.
-
- June 29 2018
Digital insurance platform market to grow 13.7% a year
Fuelling the growth will be the internet of things, as well as the shift of insurers' focus to customer-centric strategies.
-
- June 28 2018
FWD eyes IPO in Hong Kong
Board chairman Richard Li is said to be laying the groundwork for a potential listing after five years of growth.
-
- June 28 2018
Hong Kong, China consider insurance link
A special channel for the marketing, sale and processing of insurance products is being considered.
-
- June 28 2018
Axa considers more fintech investments in HK
The French group intends to invest US$25.5m in the city this year as it steps up efforts to promote digitisation.
-
- June 28 2018
Sun Life seeks to increase stake in Chinese JV
The move to establish a majority position is part of an effort to double profits in Asia during the next five years.
-
- June 27 2018
Policybazaar raises $200m in latest funding round
The investment sees the Indian insurer become the latest startup to achieve unicorn status.
-
- June 27 2018
Indian government defends LIC acquisition of IDBI
The state-owned insurer's move has been described as an acquisition, not a bailout.
-
- June 27 2018
Generali raises stake in India JV
The Italian group is increasing its stake in Future Generali from 22.5% to 49% in a deal that could cost US$140m.
-
- June 26 2018
Korean insurers record declining capital adequacy ratios
Industry officials have attributed the drop to a fall in the value of companies' assets.
