News Page 908 / 1175
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- June 12 2018
US drops objection to China Oceanwide-Genworth deal
The acquisition is moving ahead after the Committee on Foreign Investments in the United States steps aside.
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- June 11 2018
Insurance penetration in India far below global average
More needs to be done to promote insurance as a way to manage risk rather than just a savings tool.
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- June 11 2018
Japan helps Myanmar to develop insurance sector
The country's insurance sector is expected to get a major boost from Japanese know-how in crafting rules and products.
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- June 11 2018
Howden partners with IPG
Parent company Hyperion Insurance Group has bought a controlling interest in high-net-worth life broker International Planning Group.
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- June 8 2018
Manulife makes senior appointments in Hong Kong
William Man becomes CIO and COO, Ivan Chan will head distribution and Selina Ko will lead the HR function.
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- June 8 2018
Mitsui Sumitomo signs blockchain MoU with Inmediate
The partnership is expected to deliver an innovative network that connects insurers, distributors and consumers.
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- June 8 2018
Sri Lanka insurance sector to see more M&A activity
Tough competition and tighter operating conditions due to enhanced capital requirements are driving consolidation.
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- June 8 2018
IP Ventures, Hanwha Life tie up for regional blockchain network
The move is expected to improve efforts to increase the use of distributed ledger technology in the region.
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- June 7 2018
Asian cities among world’s most exposed
Cities in the region have the highest economic exposure to risks, according to Lloyd’s latest City Risk Index.
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- June 7 2018
MBK Partners stalls proposed sale of ING Life stake
KB Financial Group has pulled out of talks for an acquisition that could have cost as much as US$2.3bn.
