News Page 962 / 1029
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- November 25 2015
Manulife completes US$1bn fundraising
The 12-year subordinate bonds pay a coupon of 3.181% and are guaranteed by Manulife Financial.
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- November 25 2015
Malaysia’s AmGeneral mulls takaful expansion
AmBank chairman Azman Hashim says the group's insurance unit is looking into a takaful licence.
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- November 25 2015
Sichuan province launches earthquake insurance trial
Under the plan, the provincial government will subsidise 60% of the insurance fees for most residents.
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- November 24 2015
Qantas enters Australia’s life insurance market
The Aussie airline is launching its own branded health insurance products in partnership with nib.
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- November 24 2015
Fosun completes Ironshore acquisition
The Shanghai-based company has won approvals for the remaining 80% equity stake it didn't yet own.
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- November 24 2015
Evergrande buys stake in Chinese insurance JV
The Chinese property developer will pay US$617m for a 50% stake in Great Eastern Life Assurance (China).
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- November 24 2015
NAB Nippon Life aims to lead Australia’s life market
The joint venture company is aiming to become the largest writer of life insurance premiums Down Under.
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- November 23 2015
OCBC Bank claims lead in Singapore’s bancassurance market
Singapore's OCBC Bank said it has overtaken DBS Bank in terms of bancassurance sales.
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- November 23 2015
Indonesia’s insurance industry forecast to grow in 2016
The Financial Service Authority has also forecast the insurance industry will grow significantly.
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- November 23 2015
Russia’s Sogaz Insurance seeks China licence
One of the largest federal insurers in Russia is seeking to open a representative office in Beijing.
