News Page 837 / 1062
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- November 17 2017
Insurers in Malaysia target local capital
Global insurers are aiming to comply with the June 2018 deadline to achieve a 30% local shareholding.
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- November 17 2017
Asia drives Prudential’s new-business profit
Higher sales volumes and a boost from higher interest rates have driven results so far this year.
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- November 16 2017
Moody’s welcomes China’s removal of foreign ownership cap
The new regime is credit positive for both foreign and domestic life insurers, says the rating agency.
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- November 16 2017
Insurance M&A increases in value
“Fewer in number, but higher in value” says Willis Towers Watson in its recent survey.
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- November 16 2017
Manulife appoints Singapore CEO
Khoo Kah Siang joins from Great Eastern and will take up the role in February next year.
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- November 16 2017
Axa to focus on 16 key markets
The company has said that it may sell some assets in countries where it lacks scale.
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- November 15 2017
HK to collect levy from insurance policyholders
The Insurance Authority will start at 0.04% during the first phase and will gradually increase.
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- November 15 2017
Chubb to address risk management needs of Asian SMEs
With the establishment of the small commercial division, Chubb has appointed Michael Cellura and Keiran Brennan.
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- November 15 2017
XL Catlin appoints global programme and captive head for Asia
Shiwei Jin takes on this expanded role while continuing as a member of the global programme centre of excellence team.
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- November 14 2017
Huaxia Life raises stake in China Minsheng Bank
Although its owner is believed to be detained by mainland authorities, the insurer continues to make investments.