News Page 965 / 1135
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- March 3 2017
Citic-Pru Life approved to open Sichuan branch
The development comes after the JV announced plans to expand into Anhui province in November last year.
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- March 3 2017
MetLife cut workforce by 11,000 in 2016
America’s largest life insurer is working towards cutting costs and preparing to spin off its US retail arm.
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- March 3 2017
Japan non-life insurers increased leverage in 2016
Average financial gearing grew to 6.1% in 2016 amid an expansion of insurers' international acquisitions.
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- March 2 2017
Japan national health insurance system posts deficit
The continuing deficit is due to rising costs perpetrated by the country's ageing population and expensive new treatments.
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- March 2 2017
Global insurance regulators discussing new risk-based rules
The group is already finalising broad capital buffers for insurers based on the size and complexity of companies.
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- March 2 2017
Allianz posts steady results in Asia
Its flagship agency channel outperformed in 2016, with nearly all markets achieving double-digit growth.
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- March 2 2017
Swiss Re Corporate Solutions appoints Japan head
Paul Atkinson succeeds Juerg Stoll, who has held the role since 2010 and is becoming country head for Malaysia.
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- March 1 2017
Asia delivers strong performance for JLT in 2016
Despite challenging trading and economic conditions Asia produced a headline 18% increase in revenues to US$112m.
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- March 1 2017
Apollo Munich partners with Dena Bank for bancassurance
The deal will see the Indian health insurer distributing its insurance products to 20 million new potential clients.
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- February 28 2017
AIA, Manulife among bidders for SCB insurance arm
Acquisition of Thailand’s Siam Commercial Bank is likely to be tagged the biggest ever acquisition of a South-East Asian insurer.
