News Page 899 / 1164
-
- June 1 2018
India considers wholly foreign-owned insurance brokers
The government has reportedly agreed to consider the industry's request to allow 100% foreign direct investments.
-
- June 1 2018
Majority foreign ownership in Chinese insurance ventures likely
The change for life insurance JVs is proposed in the latest draft regulatory amendments under consideration.
-
- June 1 2018
Axa appoints new COO of Asian markets
Myriam Moufakkir will lead and transform the company's IT and operations capabilities across the region.
-
- May 31 2018
AIA hires chief digital officer
Daisuke Iwase joins from Lifenet Insurance, a listed direct life insurance firm in Japan, where he was president.
-
- May 31 2018
Ex-Anbang Insurance chairman appeals conviction
Wu Xiaohui has reportedly appealed his conviction of embezzling about US$12 billion in funds.
-
- May 31 2018
XL Catlin appoints Asia client and distribution leader
Zoe Xie will be responsible for delivering client and broker strategies for Singapore and Hong Kong.
-
- May 31 2018
ANZ New Zealand sells OnePath Life to Cigna
The NZ$700m (US$484m) is part of the Australian company’s efforts to simplify its operations.
-
- May 30 2018
China imposes US$9.8m fines on insurers
Violations that incurred penalties included irregularities such as misleading sales pitches and fake materials.
-
- May 30 2018
Anbang begins search for strategic shareholder
The troubled insurer is seeking private investors as part of its transition from Chinese state control.
-
- May 30 2018
Allianz Malaysia net profit up nearly 30%
The increase was attributed to higher premiums from the motor business on the general insurance side.
