News Page 977 / 1223
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- March 1 2018
Allianz gets regulatory nod for sale of Taiwan portfolio
The insurer hopes to sell more than 78,000 life policies to Taipei-based China Life Insurance.
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- February 28 2018
AIA’s boosts new business by 28%
The company said that the growth was due to sustained demand in its core markets of Hong Kong and China.
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- February 28 2018
Anbang says it supports government’s takeover
A spokesman has said that the insurer back CIRC’s move to take control of the company for one year.
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- February 28 2018
Paytm seeks insurance licence
The online payments company is set to file an application to operate as a life and general insurer.
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- February 28 2018
Malaysia’s general insurance, takaful to stay flat in 2018
Competitive pressures, tariff liberalisation and weak consumer sentiment are all affecting the industry.
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- February 27 2018
Three Chinese insurers sanctioned for foreign investment breaches
China Re Asset Management, China Life and Ping An Insurance violated regulations on investable countries.
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- February 27 2018
QBE posts US$1.25bn net loss for 2017
The losses are attributed to claims from natural disasters and underperforming businesses in emerging markets.
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- February 27 2018
Cigna expands senior executive roles
Two senior executives take on bigger roles and a new head of network and product is announced.
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- February 26 2018
Chinese government takes over Anbang Insurance
The state is taking temporary control of the insurer and prosecuting its founder over allegations of fraud.
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- February 26 2018
Willis Towers Watson appoints new Hong Kong leadership
Ex-Sun Life Hong Kong CEO Roger Steel becomes managing director for Hong Kong and Macau.
