Industry Segments: Life Page 27 / 52
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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.
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- November 21 2017
Life insurers to benefit from China’s eased restrictions
The decision to ease restrictions on foreign ownership of financial firms is expected to attract more investment.
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- November 16 2017
Manulife appoints Singapore CEO
Khoo Kah Siang joins from Great Eastern and will take up the role in February next year.
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- November 10 2017
Manulife, Sun Life report strong earnings
The Canadian insurers have reported third-quarter earnings that exceed market expectations.
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- November 9 2017
Life business remains upbeat in Singapore
The sector has continued to post sterling growth this year, registering double-digit growth amid robust sales.
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- November 2 2017
CDFHC expects gains after Taiwan insurer acquisition
Development Financial Holding Corp says it is expecting “synergistic gains” after gaining a foothold in the Taiwanese market.
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- October 30 2017
China Life profit grows 365%
Earnings have been buoyed by a leap in investment income amid an increasing stock market and robust premiums.
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- October 24 2017
Anbang resumes sale of high-yield products
Experts say government regulators must have extended a new lease on the group’s operations.
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- October 20 2017
Allianz to sell part of life insurance business in Taiwan
The German insurance group has agreed to sell a portfolio of 78,000 policies to China Life.
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- October 19 2017
ANZ retains life unit but still has plans for sale
Life insurance will not be its main focus and the bank is planning to sell or even float the business.
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- October 16 2017
Aviva exits Taiwan
The British-headquartered insurer has decided to sell its stake in a local joint venture with First Financial.
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- October 13 2017
Five Chinese insurers barred from financing parent companies
The move is part of a government effort to curb funding for some of the nation’s most aggressive asset acquirers.
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- October 6 2017
Nippon Life to buy MassMutual Japan for up to US$1.77bn
If the deal pushes through, it will be the first consolidation in the Japanese life insurance market since 2015.
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- October 5 2017
Chubb appoints 5 global executives
Cunqiang Li has been named chief operating officer for Chubb Life, the firm’s international life insurance division.
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- October 5 2017
No IPO plans for Tata AIA Life
AIA’s chief executive officer and president Ng Keng Hooi revealed there was no need to raise fresh funds.
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- October 3 2017
Suncorp plans to sell life insurance unit
The move comes after chief executive Michael Cameron commenced a strategic review of the division in February.
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- September 29 2017
Vietnam market remains upbeat
Sustained product awareness and continued economic expansion have helped premiums to grow 21%.
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- September 22 2017
AIA pays A$3.8 billion for CBA life unit
The Asian insurance giant has acquired Australia's CommInsure Life and New Zealand's Sovereign.
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- September 19 2017
Chinese life firms urged to diversify products
A senior official at CIRC wants insurers to innovate and offer more than just short-term life products.
