Industry Segments: Life Page 17 / 52
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- March 27 2020
Surge in Thailand L&H purchases due to Covid-19
Two million coronavirus-related policies were sold in March alone.
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- March 20 2020
Asia’s life players face major headwinds
Chinese and South Korean firms are particularly exposed to the economic uncertainty.
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- March 18 2020
Swiss Re hires Jolene Loh in South-East Asia L&H push
Loh joined from Pacific Life Re earlier this month.
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- March 17 2020
Prudential Life Korea sale set for three-way tussle
The main bidding will take place later this week.
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- March 16 2020
Hong Kong’s market grew 9% in 2019 amid protests
P&C and life premiums were US$74.6bn, as economic instability hit second half sales.
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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.
