News Page 790 / 1060
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- June 25 2018
MBK puts ING Life Korea stake on sale again
After several failed attempts, the Korean private equity fund continue to look for a buyer for its 59.15% stake.
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- June 25 2018
Vietnam’s biggest bank seeks insurance partner
Vietcombank is looking for a new insurance distribution partner in a deal that could be worth as much as US$1bn.
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- June 22 2018
Korean insurers most highly exposed to rate hikes
The central bank has warned of a corresponding drop in the solvency ratio of many insurers.
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- June 22 2018
Manulife signs distribution deal in Cambodia
The agreement with Sathapana Bank was signed at a ceremony attended by the finance ministry and central bank.
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- June 22 2018
AIA names three new executives for Malaysian unit
Andrew Loh (CMO), Heng Zee Wang (CFO) and Eric Chang (CEO) take up the new senior roles.
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- June 21 2018
India’s general insurers post 12% growth
Gross direct premium underwritten rose in the first two months of the current financial year US$3.56bn.
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- June 21 2018
Global insurance industry to see more partnerships, says KPMG
Slow growth and fierce competition is fuelling more acquisitions and partnerships in the global insurance sector.
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- June 21 2018
Aon launches updated Thai flood model
The data focuses on the industrial estates heavily impacted by the 2011 floods.
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- June 20 2018
Taiwan to raise overseas investment quota
The country's financial regulator may increase the quota for local insurers that invest in innovative domestic industries.
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- June 20 2018
IAG sells operations in Thailand, Indonesia and Vietnam
Tokio Marine & Nichido Fire Insurance has bought the underperforming units for at least US$390m.
