News Page 824 / 1086
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- May 16 2018
Fubon Life’s plan to raise stake in Korea unit still holds
It is determined to carry on with its proposal to raise its share in Hyundai Life Insurance to 62%.
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- May 16 2018
FWD applies for Shanghai JV
The Hong Kong-based insurer is reportedly looking at establishing a joint venture in Shanghai with unknown partners.
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- May 15 2018
Pru asks KWAP to improve its offer for stake in Malaysia unit
The retirement fund's bidding price for the 30% stake was short of the UK-based insurer's expectations.
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- May 15 2018
Sompo Japan Nipponkoa ups stake in Indian unit
It will acquire a further 6% in Universal Sompo General Insurance from Karnataka Bank.
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- May 15 2018
Mirae Asset Life launches merged entity in Vietnam
Prevoir Vietnam Life Insurance is a 50:50 joint venture with French insurer Groupe Prevoir.
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- May 14 2018
Singapore life insurers post 14% rise in Q1 sales
Linked policies recorded the highest growth, up 82% from the same period last year.
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- May 14 2018
China issues new rules on disclosures for insurers
New rules have been released to clarify ambiguous rules on disclosures for insurance companies.
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- May 11 2018
Two Anbang-held Korean insurers maybe up for sale
The two companies, Tongyang Life and ABL Life, could be sold in a package deal or separately.
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- May 11 2018
AIA co-leads US$500m investment in WeDoctor
The Hong Kong-listed insurer co-led the funding round in a Tencent-backed Chinese online healthcare solutions platform.
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- May 11 2018
China jails ex-Anbang Insurance boss for 18 years
A Chinese court has sentenced Wu Xiaohui after a trial that accused him of stealing more than US$10bn.
