News Page 842 / 1043
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- August 2 2017
HDFC Standard, Max Life call off proposed merger
Failing to secure regulatory approval in India, the two companies have cancelled their merger plans.
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- August 1 2017
Insurance business lifts HSBC’s profit in Asia
Europe's biggest bank was boosted by stronger insurance and wealth management revenue in Hong Kong.
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- August 1 2017
Sahara Life to take regulator’s order to court
The Indian group is resisting the regulator's order to transfer its life business to ICICI Prudential.
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- August 1 2017
Asian insurers step up hedge fund allocations
Investment accounted for 8% of the total capital placed with hedge funds in the region.
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- July 31 2017
Indian insurers post 35% premium growth
Impressive results were driven by the strong performance of health, motor and fire insurance.
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- July 31 2017
AIA results boosted by HK and China
The strong results are the first to be reported under new group CEO Ng Keng Hooi.
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- July 31 2017
China to boost oversight on insurers’ ALM
Asset liability management practices will be the next area to face stricter supervision.
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- July 31 2017
ICICI Pru in final stages of Sahara India Life takeover
The two companies are in the final rounds of discussions, with completion expected soon.
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- July 28 2017
Two state-owned insurers set to apply for IPO in India
GIC and New India Assurance are expected to tender their applications for initial public offerings within three weeks.
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- July 28 2017
Mandatory insurance for doctors pushed in Singapore
The Singapore Medical Council and health ministry are lobbying for insurance that will protect physicians.