Industry Segments: Life Page 26 / 52
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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.
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- December 22 2017
Aviva-Cofco launches big data collaboration with Tencent
The project will focus on combating financial fraud, developing AI and improving risk management.
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- December 22 2017
Singapore life insurers maintain healthy reserve ratios
The bullish outlook in global markets provided impetus and hopes are high for further improvement in 2018.
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- December 18 2017
Manulife ties up with Agricultural Bank of China
The agreement indicates that they will explore financial solution distribution opportunities in the country.
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- December 15 2017
India’s life market expecting stronger growth
Low penetration and the rising share of financial assets in household savings is driving premiums.
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- December 14 2017
Philippine firms continue net income growth
A rise in underwriting and investment income helped drive the robust third-quarter performance.
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- December 14 2017
Ping An life insurance premium income up 34%
Increased sales of individual policies have helped to spur growth for China's second-biggest insurer.
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- December 13 2017
Zurich agrees to buy ANZ life insurance arm for US$2.1bn
The Swiss insurer will become the biggest insurance company in the country after the deal.
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- December 13 2017
Life insurers’ new premiums up 6% in India
LIC still led the pack, but total new premium collected by all private insurers grew 32%.
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- December 12 2017
ANZ nears final stage of sale of life insurance unit
A deal will likely be completed in the latter half of 2018 if the transaction is signed next week.
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- December 8 2017
Life insurance still driving valuation growth
The embedded value of Asian insurers continues to grow, driven by life insurance premiums and capital markets.
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- December 7 2017
LIC books 12% first half premium income growth
The results were driven by profits from the sale of equities during the period.
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- December 6 2017
Life segment leads growth in Thailand
The country's changing demographics and better personal and retirement coverage have provided opportunities.
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- December 5 2017
Eight Korean insurers tap online-only bank
K Bank has released 20 savings and protection "mobilessurance" policies through a mobile app.
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- December 5 2017
Taiwan incentivises protection products
Starting next year, insurers can take advantage of a government scheme to improve the product mix.
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- December 1 2017
FRS opens in Hong Kong and Malaysia
Financial Risk Solutions' two new offices are in Menara Darussalam in Kuala Lumpur and ICC in Hong Kong.
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- November 24 2017
Allianz and Sri Ayudhya Capital to deepen cooperation in Thailand
The two companies will enter into strategic transactions across both life and general insurance.
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- November 22 2017
Three Chinese insurers punished over “problematic” policies
The three companies have been banned from applying for permission to sell new products for six months.
