News Page 895 / 1041
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- November 1 2016
Allianz Malaysia approved to buy HSBC Amanah Takaful
Negotiations between all parties are expected to be concluded within the next six months.
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- November 1 2016
Metlife to exit Indian insurance venture
The US insurer will sell its 26% stake in PNB Metlife to focus on challenges in its home market.
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- October 31 2016
Private health insurance continues apace in China
China’s private healthcare insurance market is developing at a staggering pace.
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- October 31 2016
Challenger enters Japanese market
It will sell Aussie dollar annuities through a deal with Mitsui Sumitomo Primary Life Insurance.
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- October 31 2016
Ping An Insurance’s 3Q profit up 15%
The company recorded a 15% increase in its net profit for the third quarter on the back of strong insurance sales.
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- October 28 2016
Zurich eyes bancassurance growth in Indonesia
More growth in bancassurance business is expected as Zurich Topas Life partners with Bank CTBC Indonesia.
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- October 28 2016
AIG raises property terror insurance limit to US$1 billion
The increased capacity, up from US$250m, is available on a standalone basis or as part of its Large Limits offering.
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- October 28 2016
Asahi Mutual Life to focus on overseas infrastructure
The Japanese insurer is moving away from domestic bonds to invest in overseas projects for the first time.
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- October 28 2016
IAG expansion to China too risky and too expensive
The company said it listened to shareholders, but had ultimately taken its own decision to pull out of China.
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- October 27 2016
Insurance agents warned against referral fees
The Life Insurance Association of Singapore has said that charging referral fees is unethical.
