News Page 826 / 1099
-
- July 6 2018
IDBI Bank no longer pursuing sale of stake in insurance JV
The proposed sale of its stake in IDBI-Federal Life has been torpedoed by LIC's investment in the bank.
-
- July 5 2018
Hong Kong’s Arbor Ventures backs US$12m fundraising for Planck Re
The Israeli commercial insurance data platform is a pioneer in the use of AI in the commercial insurance industry.
-
- July 5 2018
Zurich extends flood resilience alliance until 2023
The multi-sector alliance aims to generate US$1bn in additional funding for flood resilience.
-
- July 4 2018
AIA Cambodia and Amret sign bancassurance deal
The agreement was signed in time for the inauguration of Amret’s new headquarters in Phnom Penh.
-
- July 4 2018
Israeli insurer Phoenix calls off deal with China’s Sirius
The cancellation of the deal came after the Chinese insurer failed to secure regulatory approval.
-
- July 4 2018
Insurers to protect world heritage sites
The commitment was made in partnership with the WWF and the Unesco World Heritage Centre
-
- July 4 2018
China Re and Zhong An invest in blockchain
China Re and Zhong An have already completed a proof of concept to test areas including contracts, documents and claims.
-
- July 3 2018
CBIRC publishes foreign-ownership rules
The rules allow foreign insurers and loss adjusters to operate on a level footing with domestic companies.
-
- July 3 2018
AIA completes deal for CBA’s NZ life insurance business
The net cash outlay by AIA is expected to be less than US$500m after the reinsurance arrangement.
-
- July 3 2018
McLarens expands in Asia with Malaysian office
Veknesh Subramaniam will head the new Malaysian operation and assumes the title of general manager.
