Industry Segments: Life Page 24 / 51
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- February 13 2018
China Life reportedly acquiring AMP’s life assets for US$3bn
A possible deal to buy the troubled life insurance assets could be announced in May, according to reports.
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- February 13 2018
Life firms embracing digitalisation to battle stagnation
Insurance companies are integrating technology to prevent loss of market share to startups, says Deloitte.
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- February 9 2018
Manulife Hong Kong reports strong 2017 growth
The healthy premium sales were a result of strong market demand for insurance and wealth products.
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- February 7 2018
Thai Life eyes Cambodian market
Thailand’s third-largest life insurer has plans to expand into neighbouring South-East Asia markets.
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- February 2 2018
Indian life companies push for separate limit on tax exemption
The sector is looking at introducing various supportive measures in the upcoming state budget.
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- February 2 2018
Philippine life sector to log double-digit growth
The expansion is being driven by the country’s strong demographics and the impact of tax reforms.
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- February 1 2018
Operating cash flow of China’s insurers drops 65% in 2017
The decline is attributed to the intensified and widespread crackdown on risks and foul play in the sector.
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- January 30 2018
Japan’s Rakuten to acquire Asahi Fire & Marine Insurance
The e-commerce group has confirmed that it is considering buying the insurer from Nomura.
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- January 29 2018
Nippon Life eyes more acquisitions
The company's new president says the strategy is driven by Japan’s shrinking population and low interest rates.
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- January 26 2018
Muang Thai Life plans more regional expansion
It will focus on Myanmar, Indonesia, Malaysia and the Philippines after the success of JVs in Indochina.
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- January 22 2018
HK’s FTLife Insurance names new CEO
Gerard Yang, who joined FTLife in 2016, previously worked for MetLife and takes on the chief executive role.
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- January 17 2018
Ping An premium income surges 33.4% in 2017
Individual business growth fuelled the rise in the accumulated gross premium income of the life insurance business.
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- January 16 2018
Zurich officially pulls out of Taiwan
The Switzerland-based insurer has dissolved its local life insurance business after selling to Hotai Motor Co in 2016.
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- January 16 2018
Ergo, Manulife in talks to buy stake in IndiaFirst Life
The potential buyers are eyeing the stake owned by the UK’s Legal & General Group, which is up for sale.
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- January 12 2018
Singapore Life buys Zurich portfolio
The city’s newest insurer has gone from fintech startup to significant player.
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- January 10 2018
Pru Life inks bancassurance deal with Philippine bank
The three-year partnership with Robinsons Bank will initially focus on traditional or basic products.
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- January 9 2018
Ping An value hits US$101bn in 2017
The stock of Ping An Insurance Group Co continues to soar, despite the lack of hype that insurers have as compared with tech companies.
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- January 9 2018
Singapore Life to buy Zurich Life Singapore portfolio
All policies are expected to be completely transferred during the first half of the year.
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- January 3 2018
Aegon to sell part of life reinsurance unit to Scor
The deal is part of its strategic goal of reducing the amount of capital allocated to run-off businesses.
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- January 3 2018
Life premiums in China to climb 15%
Increasing household income and growing awareness of risk management are driving interest in coverage.
