News Page 797 / 997
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- July 31 2017
ICICI Pru in final stages of Sahara India Life takeover
The two companies are in the final rounds of discussions, with completion expected soon.
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- July 28 2017
Two state-owned insurers set to apply for IPO in India
GIC and New India Assurance are expected to tender their applications for initial public offerings within three weeks.
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- July 28 2017
Mandatory insurance for doctors pushed in Singapore
The Singapore Medical Council and health ministry are lobbying for insurance that will protect physicians.
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- July 28 2017
Japanese life majors to cut foreign bond investment
Limited yields and yen risks have prompted a loss of appetite for overseas bond investments this year.
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- July 27 2017
IAG names chief digital officer
Mark Drasutis moves from NewsCorp to assume the newly created position and take a lead on customer experience.
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- July 27 2017
IDBI Federal Life Insurance eyes 100% stake sale
The sale could provide an exit for joint venture partners IDBI Bank, Federal Bank and Ageas.
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- July 27 2017
Axa aims to join India’s top 10 insurers
The French insurer will focus on growing its agency sales force and closing new bancassurance deals.
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- July 26 2017
Hong Kong exchange rejects AMTD’s insurance IPO
The prospectus was reportedly described as “substantially incomplete” and an attempted appeal ended in failure.
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- July 26 2017
Great Eastern posts solid profit
Net profit surged 173% year-on-year thanks to strong sales from agencies and bancassurance business.
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- July 26 2017
Aetna buys Bupa Thailand
The deal is part of a strategy to expand in Asia and go "broader and deeper" into local healthcare markets.