News Page 819 / 1061
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- February 8 2018
Manulife to sell US assets, scrap John Hancock IPO
The Canadian insurer is said to be re-considering options after a strategic review of its US operations.
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- February 8 2018
Genworth, China Oceanwide refile acquisition plan
The company is seeking financing as it aims to address maturing debt of about US$600 million.
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- February 8 2018
XL Catlin names new global hull head
Mike MacColl takes over the position from Mike Talbot, who is retiring after a career spanning 50 years.
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- February 7 2018
Thai Life eyes Cambodian market
Thailand’s third-largest life insurer has plans to expand into neighbouring South-East Asia markets.
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- February 7 2018
Aviva CEO urges insurers to partner with tech firms
Mark Wilson says the insurance sector is still in the “Stone Age” and needs technological advancement.
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- February 7 2018
Allianz links up with Apple, Cisco on cyber coverage
Under the deal, businesses using equipment from the two firms discounts will get discounts on their cyber policies.
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- February 6 2018
BlackRock appoints Asia-Pacific FIG head
Kim joins from Deutsche Asset Management to take up the newly created role in the financial institutions group.
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- February 6 2018
Ping An Insurance’s units raise US$2.2bn in private financing
Investors in the three tech units included SoftBank, which placed US$400m with Ping An Good Doctor.
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- February 6 2018
Great Eastern may sell minority stake in Malaysian unit
Malaysia’s largest pension fund, Employees Provident Fund, is reportedly in talks to buy the US$1bn stake.
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- February 6 2018
FWD Group appoints Ken Lau for Greater China role
He joins from Union Life and will lead FWD in Hong Kong and Macau, and oversee expansion in Greater China.