News Page 864 / 1063
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- July 24 2017
Great American boosts Singapore management
The company has hired three new senior executives, according to a statement.
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- July 24 2017
China continues to rein in financial risks
Insurers in the country are now barred from offering credit products to companies for financing.
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- July 24 2017
Global Insurance buys out Aon in India JV
The deal for the 26% stake immediately changes the JV's brand name to Global Insurance Brokers.
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- July 21 2017
Global losses from disasters down in 2017
Economic losses were 56% lower than the 10-year average during the first half of the year.
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- July 21 2017
Foresea Life to set up Communist Party committee
The move follows Xi Jinping's call for the enhancing of Party leadership in financial operations.
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- July 21 2017
More growth in Malaysian insurance sector
The sector is projected to post a high single-digit growth in new business premiums.
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- July 20 2017
Aviva to sell Friends Provident for US$443m
It has agreed to sell the business to RL360 Holding Company, a unit of International Financial Group, to free up capital.
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- July 20 2017
IAG to maintain just one division in Australia
The insurer will bring together all of its divisions in the country under chief operating officer Mark Milliner.
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- July 19 2017
Premiums up 21% in Vietnam
Insurers in the South-East Asian country saw premiums rise 21% in the first half on the back of rising living standards.
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- July 19 2017
Prudential Financial enters Indonesian life market
The US-based insurer has bought a 49% stake in Asuransi Jiwa Mega Indonesia, a subsidiary of CT Corp.
