News Page 795 / 1060
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- May 31 2018
Ex-Anbang Insurance chairman appeals conviction
Wu Xiaohui has reportedly appealed his conviction of embezzling about US$12 billion in funds.
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- May 31 2018
XL Catlin appoints Asia client and distribution leader
Zoe Xie will be responsible for delivering client and broker strategies for Singapore and Hong Kong.
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- May 31 2018
ANZ New Zealand sells OnePath Life to Cigna
The NZ$700m (US$484m) is part of the Australian company’s efforts to simplify its operations.
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- May 30 2018
China imposes US$9.8m fines on insurers
Violations that incurred penalties included irregularities such as misleading sales pitches and fake materials.
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- May 30 2018
Anbang begins search for strategic shareholder
The troubled insurer is seeking private investors as part of its transition from Chinese state control.
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- May 30 2018
Allianz Malaysia net profit up nearly 30%
The increase was attributed to higher premiums from the motor business on the general insurance side.
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- May 29 2018
Korean non-life insurers see fall in profits
The loss was partly attributed to accidents arising from cold weather conditions, government data shows.
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- May 29 2018
Swiss Re, SoftBank call off investment talks
Swiss Re said it has agreed with SoftBank to call off a potential minority investment by the Japanese technology conglomerate.
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- May 28 2018
Premiums written by India’s non-life insurers up 14%
Gross premiums rose to Rs138.8bn (US$2.03bn) in April compared to the same month of last year.
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- May 28 2018
Malaysian Re partners with Argo Managing Agency
The partnership is strategic in nature and a key component of Malaysian Re's business transformation 2020.
