News Page 805 / 911
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- May 6 2016
SBI Life’s IPO now planned for next financial year
Preparations will start by September and the formal announcement could be made by next March.
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- May 6 2016
AIA bullish on the Philippines
The CEO of its joint venture in the country cited low penetration and the expanding middle class as substantial opportunities.
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- May 6 2016
Malaysia seeks cover for retrenched workers
The government has proposed a scheme that will aim to help workers who have lost their jobs.
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- May 5 2016
Aviva raises stake in Indian JV to 49%
The British insurer paid US$141m to buy an additional 23% stake in its JV from Dabur Invest Corp.
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- May 5 2016
China warns against unregistered online insurers
CIRC says insurance-style schemes operated by unregistered online firms may lack financial stability.
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- May 5 2016
Japanese insurers’ US M&A spree set to continue
Dealmakers say they expect activity to top more than the US$18 billion they spent in the US last year.
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- May 4 2016
Qianhai urges lower threshold for HK insurers
The Qianhai-Shekou free trade zone has complained that no HK insurers meet regulators' strict requirements.
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- May 4 2016
Search for HK’s new insurance regulator goes global
A head-hunting firm is casting a wide net as it searches for the head of the newly established Insurance Authority.
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- May 4 2016
Peak Re doubles premiums despite challenging market
The Fosun-backed reinsurer saw gross written premium income increased by 102% to US$582.7 million during 2015.
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- May 4 2016
AIG raises US$2.6bn from PICC P&C share sale
AIG has raised about US$2.6 billion since last year as it has divested its stake in the Chinese insurer.
