News Page 783 / 998
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- October 4 2017
Tokio Marine to buy AIG medical insurance unit
The Japanese insurer will buy the business through US subsidiary HCC Insurance for over US$266m.
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- October 4 2017
Major insurers join blockchain insurance initiative
Twenty-three insurance groups have joined the Blockchain Insurance Industry Initiative (B3i).
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- October 3 2017
Suncorp plans to sell life insurance unit
The move comes after chief executive Michael Cameron commenced a strategic review of the division in February.
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- October 3 2017
SBI Life debut on stock market
India's largest private life insurer is set to make its stock market debut, with experts saying it will open strongly.
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- October 3 2017
Myanmar to grant licences to foreign insurers
The announcement comes after the nation embarked on decentralisation efforts for its insurance market.
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- October 2 2017
Taiwan insurers advised to hedge forex risk
The Taiwan Futures Exchange has urged insurers to minimise the effects of a drop in the US dollar’s value.
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- October 2 2017
Etiqa completes acquisition of Indonesian insurer
Maybank's wholly-owned insurance arm has completed its acquisition of Asuransi Asoka Mas for US$15.35m.
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- October 2 2017
Lloyd’s expects to post a net loss for 2017
Hurricanes in the US, plus the Mexican earthquake and floods and typhoons in Asia have taken their toll.
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- September 29 2017
DBS and Chubb ink 15-year regional distribution deal
The bancassurance agreement covers five markets: Singapore, Hong Kong, Taiwan, Indonesia and China.
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- September 29 2017
Vietnam market remains upbeat
Sustained product awareness and continued economic expansion have helped premiums to grow 21%.
