News Page 828 / 1047
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- October 24 2017
China Life expects 95% net profit growth
Higher returns on investment during the first three quarters have helped profits to almost double on poor 2016 numbers.
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- October 24 2017
Takaful market continues to enjoy growth
Data gathered by Kenanga Research show the family sector grew 5% in September, while the general sector grew 9%.
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- October 24 2017
Anbang resumes sale of high-yield products
Experts say government regulators must have extended a new lease on the group’s operations.
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- October 23 2017
AIA’s value of new business hits projections, grows 20%
The performance comes after robust growth in China that made up for slower sales through IFAs in Hong Kong.
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- October 23 2017
IAG stalls Asia expansion to focus on home markets
Declining commercial and regulatory conditions have restrained opportunities for its expansion in the region.
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- October 23 2017
India’s National Insurance seeks IPO approval
The state-owned general insurance company is seeking approval for an offering that could value the insurer at US$3.84bn.
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- October 20 2017
Allianz to sell part of life insurance business in Taiwan
The German insurance group has agreed to sell a portfolio of 78,000 policies to China Life.
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- October 20 2017
Prudential launches fintech programme in Singapore
The Pru Fintegrate partnership programme will see the company co-develop digital solutions.
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- October 20 2017
Indian insurers told to run cyber security audits
The regulator has asked for immediate security audits after reports of cyber attacks targeting financial institutions.
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- October 19 2017
ANZ retains life unit but still has plans for sale
Life insurance will not be its main focus and the bank is planning to sell or even float the business.
