News Page 873 / 910
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- August 13 2015
Sumitomo to buy Symetra for US$3.8bn
Sumitomo Life has agreed to pay US$3.8bn to buy Berkshire Hathaway-backed Symetra Financial.
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- August 13 2015
Asia boosts Pru’s profit in first half
The British life insurer is sticking to its strategy in Asia after the region helped to boost first-half profits.
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- August 13 2015
Dai-ichi becomes Japan’s top life insurer
The company has overtaken Nippon Life Insurance after a 56.8% rise in revenue in the second quarter.
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- August 13 2015
Anbang offers US$1bn for Japan’s Simplex
The acquisitive Chinese insurer is seeking to enter Japan's real estate market through an auction.
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- August 12 2015
Insurance complaints on the rise in China
In the first six months of this year, complaints about insurance contracts in China grew by 4.03%.
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- August 12 2015
Only 10% of Taiwan’s cars insured against storms
Typhoon Soudelor wrought havoc in Taiwan, but only a fraction of vehicles in the country are insured for storms.
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- August 12 2015
Tuition protection policy launched in Thailand
Thai parents can now protect their children's schooling in the event that they lose the ability to pay.
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- August 12 2015
Yield-hungry Dai-ichi Life invests in Indonesian bonds
Dai-ichi Life has made its first investment into Japanese yen-denominated Indonesian sovereign bonds.
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- August 11 2015
Sumitomo in M&A talks with Symetra Financial
Japan's fourth-largest insurer is reportedly in talks with Symetra Financial as it seeks to expand overseas.
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- August 11 2015
Foreign insurers court PNB bancassurance deal
At least six foreign insurers are pursuing Philippine National Bank for a bancassurance joint venture.
