Industry Segments: Life Page 16 / 51
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- March 12 2020
AIA posts solid 2019 result, but warns of disruption ahead
Outgoing CEO Ng Keng Hooi said the group was bolstered by sales in Mainland China.
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- March 12 2020
Swiss Re India appoints Hadi Riachi as CEO
Riachi will succeed G. Satish Raju on April 1.
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- March 6 2020
Max Life’s deal with Mitsui Sumitomo opens door to Axis Bank
Bancassurance partner could be the next investor after share swap.
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- March 3 2020
Consumer group lobbies against PE bids for Prudential Life Korea
MBK Partners, Hahn & Company and IMM Private Equity are in the running to acquire Prudential.
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- February 28 2020
Time for Pru to leave home?
Hedge fund manager Dan Loeb is pushing for a move to Asia.
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- February 26 2020
FWD appoints former AIA exec as managing director
Simeon Preston is returning to Asia as Rob Schimek steps up to a broader role.
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- February 24 2020
Korea’s KDB to be fined if life business unsold by March
The life player is on the market for the fourth time.
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- February 18 2020
Arch Re targets APAC expansion with marketing firm buy
The deal should help the reinsurer with valuable data analytics in the life and A&H space.
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- February 14 2020
India grants US$350m capital for 3 state insurers
The infusion of new funds could signify the next step to the merger of the state-owned insurers.
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- February 12 2020
China’s Huize completes US$55m Nasdaq IPO
The online broker was originally looking to raise as much as US$150m.
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- February 10 2020
China and HK’s life firms face headwinds amid growth
Premiums increased robustly in 2019 but valuations to be impacted by coronavirus and stockmarkets.
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- February 7 2020
Prudential appoints emerging markets, Singapore CEOs
Wilfred Blackburn moves back to Hong Kong and Dennis Tan joins from OCBC Bank.
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- January 30 2020
Majors’ shares hit on HKEX by coronavirus clampdown
Fewer visitors to Hong Kong and slower economic activity in China is hurting life insurers in particular.
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- January 20 2020
PE players, KB and Fubon bid for Prudential Life Korea
The sale is valued at an estimated US$1.7bn.
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- January 17 2020
China to lift foreign equity cap for all life players by April
US-China trade deal classifies life, health and pensions as separate sectors causing confusion.
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- January 14 2020
Committed inclusion strategy key: AFF 2020
Senior figures from Axa, Peak Re, Prudential, Sun Life and Swiss Re shared their views.
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- January 8 2020
China Life transfers CEO for Singapore from Fujian
Lin Xiangyang, a seasoned exec, joins from the China operation.
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- January 6 2020
Former Zurich exec to head Munich Re Malaysia
Serena Thio will lead the reinsurer's global life and health retakaful business.
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- January 3 2020
Allan Yu becomes CEO at Tahoe Life
The market veteran takes on top role at the Hong Kong firm.
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- December 30 2019
Why are protection products driving value?
Life players shift away from savings products in a low interest rate world.
