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- May 27 2016
Korean insurers post 6.3% profit gains in Q1
However, the companies suffered declines in profitability due to the unfavourable business environment.
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- May 26 2016
Ping An joins blockchain consortium
The Chinese insurer has joined a global consortium working on ways that blockchain technology can be used in financial markets.
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- May 26 2016
Asean plans insurance sector integration
A working committee will look measures to develop the sector, including encouraging greater participation of foreign partners.
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- May 26 2016
AIG launches new crowdfunding cover
‘Crowdfunding Fidelity’ is designed to protect investors using crowdfunding platforms against fraud.
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- May 26 2016
Sale of ING Life generates lower-than-expected interest
Korean private equity firm MBK Partners has extended the sales offer deadline to allow more potential bids.
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- May 26 2016
Innovation and industry transformation on agenda of IIS forum
More than 50 executives and experts will participate on the program at the IIS Global Insurance Forum.
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- May 25 2016
China Mobile to invest US$306m in insurance market
China's largest wireless carrier plans to buy a 20% stake in two insurers from China Merchants Group.
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- May 25 2016
ANZ explores sale of life insurance unit
Australia's fourth-biggest lender has reportedly held discussions with investment banks over the potential disposal.
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- May 25 2016
AXA to divest US$2bn tobacco industry assets
The group will sell its investments as part of its commitment to being a responsible health insurer and investor.
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- May 24 2016
World Bank sets up US$500m catastrophe fund
The fund, which is the first of its kind in the world, will combat pandemics in poor nations.
