Industry Segments: Life Page 10 / 53
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- April 8 2021
Indian insurtech Policybazaar eyes May IPO
Bloomberg report suggests the Indian unicorn could have a post-IPO valuation of US$3.5 billion.
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- April 8 2021
Axis Bank secures 13% stake in Max Life
The Indian private bank has an option to buy a further 7% of the country's fourth largest life player.
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- April 1 2021
China Strategic eyes Hong Kong Life: report
Any deal could be worth between US$400-500m.
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- March 30 2021
South Korea’s Kyobo Life appoints three co-CEOs
Pyun Jung-beom to lead digital transformation alongside Shin Chang-jae and Yoon Yeol-hyun.
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- March 29 2021
China Pacific Insurance profits decline 11.4% in 2020
The insurance giant saw new life business fall 27.4% while non-motor P&C GWP grew 30%.
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- March 26 2021
South Korea insurers’ profit spike to face 2021 headwinds
Regulator reveals 14% increase for 2020 but expert predicts claims jump as Covid-19 restrictions are relaxed.
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- March 24 2021
AIA acquisition of BEA Life a sign of things to come
Hong Kong insurer pays US$650m and inks 15-year bancassurance partnership.
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- March 24 2021
Sun Life hands Clement Lam Hong Kong CEO role
The Canadian insurer also taps Asia CFO Karim Gilani to oversee Hong Kong, Singapore and Bermuda.
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- March 23 2021
China FDI changes won’t spur insurance gold rush
Replacing ownership caps with a national security review is unlikely to open the investment floodgates, experts tell IAN.
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- March 17 2021
China’s January GWP exceeds US$150bn
CBIRC data shows a strong start to the year with health insurance premiums up 28%.
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- March 16 2021
Hong Kong’s general sales rebound amid ongoing life slump
Experts tell IAN the local market is far too dependent on mainland customers.
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- March 12 2021
AIA sees 2021 momentum after challenging year
A Hong Kong-based broker tells IAN that business is 'returning to normal' after the 2020 downturn.
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- March 9 2021
TAL Dai-ichi Life hires bankers for Westpac Life buy: report
The insurer has reportedly hired Bank of America Merrill Lynch to advise on a potential deal.
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- March 8 2021
International Women’s Day Q&A: MetLife China CEO Siyi Sun
InsuranceAsia News exclusive interview highlights how the industry is tackling the issue of gender equality across Asia.
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- March 5 2021
Taiwan regulatory supervision steps up as profits rise 33%
The FSC is changing capital and investment requirements to support insurers' resilience.
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- March 3 2021
Prudential’s Asia sales take HK hit but profit climbs 12%
CEO Mike Wells is looking to raise up to US$3bn and wants more shareholders in the region.
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- March 3 2021
FWD poised for Indonesia growth as it seals BRI Life deal
The HK-based insurer takes a 29.86% stake in the life player and teams up with the country's largest bank.
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- February 24 2021
HSBC to double down on China as global premiums dip
Protests and Covid-19 hit Hong Kong's life sales hard as mainland visitors dried up in 2020.
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- February 24 2021
Aegon exploring Asia life operations sale: report
Transamerica Life Bermuda targets high net worth individuals in Singapore and Hong Kong.
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- February 24 2021
HK insurers to profit from renminbi reforms
China's SAFE mulls allowing citizens to buy overseas securities and insurance.
