News Page 966 / 1135
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- February 28 2017
CIRC slaps Evergrande Life with 12-month ban
The Chinese insurer will be unable to participate in stock investments after violating investment rules last year.
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- February 28 2017
Malaysia’s takaful industry posts double-digit growth
The Malaysian Takaful Association says 2016 represented another year of good growth for Islamic insurance.
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- February 27 2017
AIA Group profit up 50.6% in 2016
Surpassing the estimates of analysts, the results were driven by vigorous growth in China and Hong Kong.
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- February 27 2017
AIG sees uncertain future in ‘too big to fail’ tag
US regulations that consider non-bank financial institutions as too big to fail do not sit well with some insurers
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- February 27 2017
Chinese insurance group official faces probe
The vice-chairman and president of PICC is reported to be facing investigation over alleged serious disciplinary violations.
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- February 24 2017
India’s state-owned general insurers may merge
Oriental, National and United India Insurance are likely to be merged to fetch stronger valuations.
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- February 24 2017
Thai life industry profits forecast to grow 6%
The Thai Life Assurance Association expects low interest rates to prompt a move into investment-linked products.
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- February 24 2017
Allianz signs deal with Asian football
Partnership with the Asian Football Confederation will provide exposure to a fan base across the region.
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- February 24 2017
Chinese regulator continues to warn of risky practices
CIRC has again reiterated its stance against use of insurance capital for market speculations.
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- February 23 2017
Sun Life Financial appoints Hong Kong CEO
Fabien Jeudy will be responsible for growing operations across life and health, wealth management and pensions.
