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- April 3 2017
Sun Life inks insurtech deal with Vietnam’s GOFS
The Canadian life insurer has forged a three-year partnership with the operator of Vietnam’s first digital bank.
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- April 3 2017
Aviva appoints CEO for China, Indonesia and Vietnam
Randy Lianggara, who joined from AXA last year, takes on a newly created role to drive growth in these key markets.
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- March 31 2017
Regulator tells Fairfax to sell 25% stake in ICICI Lombard
The Canadian insurer needs to sell the stake to be able to apply for a second licence in the general insurance industry.
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- March 31 2017
Manulife names Asia head as global president
Roy Gori, the former Citi banker who joined the Canadian insurer just two years ago, has been appointed global president.
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- March 30 2017
Citi seeks general insurance partner
Citi is looking for bancassurance partners to sell general insurance products to its client base in Asia.
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- March 30 2017
Insured losses from disasters hit four-year high
The amount of insured losses from disasters increased by US$38 billion in 2016, says Swiss Re.
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- March 30 2017
Chinese JV acquires Standard Life Asia
Heng An Standard Life Insurance has acquired the Hong Kong arm of British insurer Standard Life.
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- March 29 2017
Myanmar opens special economic zone to global insurers
All foreign insurers with local representative offices will be eligible to apply for a licence in the SEZ.
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- March 29 2017
SBI to sell SBI Life stake through IPO
The State Bank of India will sell at least 8% of its current 70.1% shareholding in the life insurance arm.
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- March 29 2017
Japanese life insurers likely to cut premiums next year
With longer life expectancy in Japan, life insurers in the country are expected to reduce premiums by 5–10% beginning 2018.