News Page 856 / 1122
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- June 4 2018
Hong Kong’s Insurance Authority closes in on new CEO
Clement Cheung, a former Commissioner of Insurance in the city, is expected to be named to the post.
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- June 4 2018
Takaful Malaysia converts its composite licence to allow split
The company is splitting into two entities, one focused on family takaful and one on general takaful.
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- June 4 2018
China’s premium income drops almost 8%
From January to April, the country's insurance firms posted total premium income of Rmb1.67tn (US$258.64bn).
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- June 1 2018
India considers wholly foreign-owned insurance brokers
The government has reportedly agreed to consider the industry's request to allow 100% foreign direct investments.
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- June 1 2018
Majority foreign ownership in Chinese insurance ventures likely
The change for life insurance JVs is proposed in the latest draft regulatory amendments under consideration.
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- June 1 2018
Axa appoints new COO of Asian markets
Myriam Moufakkir will lead and transform the company's IT and operations capabilities across the region.
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- May 31 2018
AIA hires chief digital officer
Daisuke Iwase joins from Lifenet Insurance, a listed direct life insurance firm in Japan, where he was president.
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- May 31 2018
Ex-Anbang Insurance chairman appeals conviction
Wu Xiaohui has reportedly appealed his conviction of embezzling about US$12 billion in funds.
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- May 31 2018
XL Catlin appoints Asia client and distribution leader
Zoe Xie will be responsible for delivering client and broker strategies for Singapore and Hong Kong.
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- May 31 2018
ANZ New Zealand sells OnePath Life to Cigna
The NZ$700m (US$484m) is part of the Australian company’s efforts to simplify its operations.
