News Page 857 / 1086
-
- December 5 2017
Nippon Life to buy 24.75% stake in TWC Group
The Japanese insurer will acquire 24.75% of the US investment firm from Carlyle for an estimated US$488m.
-
- December 5 2017
Taiwan incentivises protection products
Starting next year, insurers can take advantage of a government scheme to improve the product mix.
-
- December 4 2017
CVS Health moves closer to Aetna purchase
Talks regarding the US$66bn deal are reportedly at an advanced stage and could be concluded today.
-
- December 4 2017
Reliance General gets final clearance for IPO
The offering will account for 25% of the post issue paid-up capital of the insurer.
-
- December 1 2017
Chinese non-life insurers, reinsurers required to hire actuaries
The country’s 84 non-life general insurers and 12 reinsurers must have a chief actuary by January 1, 2020.
-
- December 1 2017
PE funds will be allowed as promoters of Indian insurers
Irdai has approved a proposal to allow private equity funds to promote insurance companies through SPVs.
-
- December 1 2017
FRS opens in Hong Kong and Malaysia
Financial Risk Solutions' two new offices are in Menara Darussalam in Kuala Lumpur and ICC in Hong Kong.
-
- December 1 2017
Insurance sector in Malaysia welcomes new deputy governor
Jessica Chew is set to step in starting January next year as Sukudhew Singh is relinquishing his post after 31 years.
-
- November 30 2017
China Life hunts for more overseas investments
Its efforts are centred on infrastructure and technologies and products with the growth potential in China.
-
- November 30 2017
Beijing and Guernsey in captive insurance joint venture
The partnership will see the creation of captive structures and the provision of captive services for Chinese businesses.
