News Page 905 / 994
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- February 26 2016
AIA reports 22% full-year profit decline
Asia's third-largest insurer cited weaker regional currencies and stock market gyrations for the profit decline.
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- February 25 2016
Zurich denies rumours of Singapore, HK sale
The Swiss insurer is not considering the sale of its businesses in the two cities, contrary to market rumours.
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- February 25 2016
Sompo Japan to merge health, risk-consulting units
The move is aimed at strengthening marketing capabilities as well as product and service development.
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- February 25 2016
Mitsui Sumitomo returns to cat bond market
The Japanese major is returning to the catastrophe bond market almost four years after its last transaction.
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- February 25 2016
Anbang joins bid to buy Hyundai Securities
The Chinese insurer is up against Fosun Group and Korean firms KB Financial and Korea Investment & Securities.
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- February 24 2016
Peak Re hires head of analytics from Guy Carpenter
Iain Reynolds takes over the role from Lawrence Cheng, who has been promoted to head of underwriting.
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- February 24 2016
Malaysia’s life coverage up 6.2% in 2015
The market posted coverage of M$1.24 trillion, according to the Life Insurance Association of Malaysia.
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- February 24 2016
China Life, Ping An post double-digit premium growth
The positive results announcements helped their stocks to stage rebounds in Hong Kong and Shanghai this week.
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- February 23 2016
India considers automatic FDI approval
The government is reportedly looking at automatic approval for 49% ownership for foreign direct investments.
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- February 23 2016
QIC raises capital after record premiums
Key drivers of growth included reinsurance premiums, which now account for 50% of the group's total premium income.
