News Page 792 / 911
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- June 30 2016
New China Life reshuffles portfolio
The move is aimed at focusing the company's attention on protection-oriented solutions and improving the share of regular premiums.
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- June 30 2016
ICICI Prudential to go public in September
India's first public offering of a life insurer is scheduled to go public by September with an IPO that is set to raise US$885m.
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- June 29 2016
Fairfax buys 80% interest in Indonesia’s AMAG
The deal is expected to be closed by the end of the fourth quarter of 2016.
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- June 29 2016
Korea set to ease insurance regulations
To help insurers boost their financial standing, the government will lift limitations on investments.
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- June 28 2016
Allianz to sell Indian stakes to partner Bajaj Finserv
The German insurer is poised to sell its investments in two insurance units, Bajaj Allianz Life and Bajaj Allianz General Insurance.
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- June 28 2016
Taiwan regulator warns on Brexit
The FSC says that the country’s insurance industry is the most exposed financial sector to the UK after its EU referendum.
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- June 28 2016
Chinese insurers turn to alternatives for yield
Non-traditional investments are largely aimed at combating the adverse effects of low interest rates and volatile stock markets.
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- June 27 2016
CIMB to reap M$1bn revenue from banca deal
The Malaysian group expects to generate US$245m from its 15-year bancassurance deal with Sompo Japan Nipponkoa.
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- June 27 2016
Zurich rolls out cyberattack response service
DigitalResolve is a coordinated incident response service to help businesses in Asia mitigate and recover from cyber attacks.
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- June 27 2016
Fosun seeks IPO of its US insurer Ironshore
The offering of the American insurer it acquired in 2015 could take place on either the New York Stock Exchange or Nasdaq.
