Industry Segments: Life Page 14 / 53
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- September 1 2020
Hong Kong’s H1 premiums rise, but “Covid impact” coming
Firms look to the Greater Bay Area despite large drop in life policies taken by mainland Chinese.
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- August 27 2020
Prudential Life Korea hires CEO from rival after US$1.9bn deal
The newly-acquired carrier, by KB Financial, appoints DGB Life's leader.
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- August 27 2020
MetLife’s Malaysia JV up for potential US$600m sale: report
A sales process for AmMetLife could take place later this year.
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- August 26 2020
Axis Bank to take reduced stake in India’s Max Life
Discussions with the Insurance Regulatory and Development Authority led to a revised deal.
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- August 25 2020
Korean co-insurance to boost capital strength: Fitch
The FSC has developed new regulations to help manage liabilities.
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- August 20 2020
AIA’s CEO optimistic despite H1 37% new business drop
Lee Yuan Siong sees strong growth in markets where Covid-19 restrictions are being relaxed.
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- August 20 2020
China’s P&C sector poised for 4% annual growth
There are hopes to revamp the domestic market, while foreign players refocus on the country.
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- August 19 2020
Prudential’s timely focus on Asia
It's going to be an exciting and challenging 12 months for chief executive Mike Wells.
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- August 19 2020
China Life denies merger rumour after share moves
Unusual price movement led to an announcement under the rules of the Shanghai Stock Exchange.
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- August 13 2020
AIA Thailand launches asset management arm
Life giant to become the country's third-largest player with managed assets of US$27.2bn.
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- August 12 2020
Prudential Financial agrees Taiwan life sale
The move comes after the US player exited South Korea in April for US$1.9bn.
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- August 12 2020
Prudential begins US divestment, focuses on Asia
Group CEO Mike Wells said the group wants to concentrate on Asia and Africa.
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- August 11 2020
Axa considering Singapore sale: report
The French giant is understood to be looking to raise funds.
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- August 11 2020
AMP Australia CEO resigns over “internal matter”
The company will provide an update on its life unit sale this week.
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- August 8 2020
Sun Life opens in Singapore with Belinda Au as CEO
The move takes the life player's number of markets in Asia to eight.
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- August 7 2020
Aviva signals Asia exit (again)
China and Singapore units should attract bids as new CEO Amanda Blanc looks to refocus.
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- August 6 2020
Allianz reveals mixed first half Asia results
While L&H profits fell 9%, P&C climbed 21% bolstered by Malaysia, Sri Lanka and Thailand.
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- August 5 2020
Chubb doubles down on China
The global P&C and life player is positioning to capitalise on the country's Covid-19 recovery.
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- August 5 2020
Chakrabarty rejoins Prudential as Cambodia CEO
The seasoned market exec wants to take the life player to the next level.
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- August 5 2020
Korean Re and Carlyle to provide co-reinsurance: report
It's estimated such contracts in South Korea could be worth tens of billions of dollars in value.
