News Page 960 / 1029
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- December 4 2015
Taiwanese insurers cleared to buy 100% of Vietnamese banks
Taiwan's FSC Chairman Tseng Ming-chung announced the development after a trip to Vietnam.
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- December 4 2015
Sun Life plans to raise stake in Indian JV
The Canadian insurer is the latest foreign player to raise its stake in an Indian life insurance JV.
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- December 4 2015
Zurich to exit general insurance in Middle East
The embattled insurer is expected to exit the region by the end of 2016 as part of a global restructuring.
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- December 3 2015
Sun Life of Canada to invest in Philippine power industry
The investment will feature a 12-year loan agreement between the Canadian insurer and private partners.
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- December 3 2015
Zurich CEO Martin Senn quits
Resignation follows losses in the general insurance business and a failed takeover bid for RSA Insurance.
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- December 3 2015
Axis Capital to join Lloyd’s China platform
Subsidiary Axis Syndicate 1686 will focus on treaty reinsurance business beginning January 1, 2016.
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- December 3 2015
SAIB becomes first Chinese Lloyd’s broker
Shanghai Asian Insurance Brokers plans to develop reinsurance brokerage and internationalise.
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- December 2 2015
ACE Life seeks up to 30% premium growth in Indonesia
The insurer has said that it will add more agents and partner with more banks next year.
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- December 2 2015
Hong Kong’s gross insurance premiums up 10.5%
Premiums in the city soared during the first three quarters of this year, says industry regulator.
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- December 2 2015
Zurich withdraws Singapore life insurance business
The Swiss insurer stopped writing new business in Singapore on Tuesday to streamline its business.
