News Page 866 / 1085
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- October 25 2017
Party committees to be revived in Chinese insurance JVs
The Communist Party is aiming to bring back the formerly inactive committees to extend its representation in business.
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- October 25 2017
Great Eastern logs 21% profit hike
The improved performance in operations is credited to multi-channel distribution by agents and bancassurance partners.
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- October 24 2017
Taiwanese insurers hurt by China losses
Shin Kong Life, Cathay Life and Taiwan Life are facing loss-to-investment ratios of 100%, 48% and 59%.
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- October 24 2017
China Life expects 95% net profit growth
Higher returns on investment during the first three quarters have helped profits to almost double on poor 2016 numbers.
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- October 24 2017
Takaful market continues to enjoy growth
Data gathered by Kenanga Research show the family sector grew 5% in September, while the general sector grew 9%.
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- October 24 2017
Anbang resumes sale of high-yield products
Experts say government regulators must have extended a new lease on the group’s operations.
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- October 23 2017
AIA’s value of new business hits projections, grows 20%
The performance comes after robust growth in China that made up for slower sales through IFAs in Hong Kong.
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- October 23 2017
IAG stalls Asia expansion to focus on home markets
Declining commercial and regulatory conditions have restrained opportunities for its expansion in the region.
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- October 23 2017
India’s National Insurance seeks IPO approval
The state-owned general insurance company is seeking approval for an offering that could value the insurer at US$3.84bn.
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- October 20 2017
Allianz to sell part of life insurance business in Taiwan
The German insurance group has agreed to sell a portfolio of 78,000 policies to China Life.
