News Page 860 / 1042
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- May 2 2017
Ping An net profit climbs 11%
First-quarter earnings rose due to a 34% rise in premium income, while new business soared by 60%.
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- May 2 2017
AIG completes sale of Fuji Life to FWD
The Japanese insurer will become a wholly owned subsidiary of FWD and will continue to operate under its current name.
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- May 2 2017
China insurers told to serve belt-and-road projects
In a guideline issued by CIRC, the industry is called on to expand its presence in the new Silk Road regions.
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- May 2 2017
Labuan records US$1.4bn rise in premiums
Last year also saw the highest underwriting margin since 2012 due to the higher premiums and lower claims.
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- April 28 2017
Stronger currency hurting Taiwan insurers
The continued strength caused NT$65.8 billion (US$2.18bn) in foreign-exchange related losses in the first quarter.
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- April 28 2017
Startup Singapore Life raises US$50m in funding
The Series A funding round is led by Hong Kong-listed Credit China FinTech and UK-based investment firm IPGL.
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- April 28 2017
AIA delivers record new business performance
The value of new business grew to US$884m during the three months ending February 28, up 55% from last year.
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- April 27 2017
Allianz and HSBC fail to reach Malaysia deal
The German insurer's bid to buy HSBC Amanah Takaful has ended after the camps failed to find agreement.
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- April 27 2017
Lloyd’s collaborates with marine groups in Singapore
The collaboration aims to enhance understanding of the insurance sector in marine industry.
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- April 27 2017
Philippines urged to follow UK reinsurance probe
A senior insurance executive has asked the regulator to take a closer look at foreign reinsurance brokers.
