Industry Segments: Life Page 34 / 52
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- November 23 2016
Indian life insurers hit by demonetisation
The demonetisation of 500 and 1,000 rupees notes is affecting payments of renewal premiums.
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- November 22 2016
Prudential partners with Citic to open new China branch
The new branch in Hefei adds to Citic-Pru Life's domestic network, spanning 66 cities across 16 provinces.
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- November 21 2016
Hanwha’s Vietnam strategy finally pays off
For the first time since launching in the country, the Korean insurer has posted a profit.
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- November 17 2016
Taikang Life to buy NorthStar senior care assets
China's fifth-largest insurer by sales has agreed to pay US$1b for the more than 460 healthcare properties.
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- November 15 2016
FWD to buy AIG’s Japan life business
The Hong Kong-based insurer has taken another step towards its goal of becoming a pan-Asian insurer.
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- November 15 2016
Innovation to help Philippine market growth
In a fast-changing and competitive market, the key for local insurers to thrive is innovation.
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- November 15 2016
Max India-HDFC Life merger questioned
India’s insurance regulator has asked what the proposed merger is intended to achieve.
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- November 14 2016
Prudential sells Korean insurance business to Mirae
The UK insurer announced on its website that it has agreed to sell 100% of PCA Life for US$146m.
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- November 14 2016
Asia business drives Manulife’s Q3 performance
The strong performance was primarily due to growth in Asia and an increase in the value of its investments.
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- November 10 2016
Singapore insurance group to study healthcare costs
The city's Life Insurance Association will study recommendations of Health Insurance Task Force.
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- November 9 2016
Hong Leong calls off talks to sell insurer stakes
After failing to reach a deal with any of the potential buyers, the group abandons the sale.
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- November 9 2016
MetLife appoints new HK chief executive
Formerly at Allianz Taiwan Life Insurance, Lee Wood will lead MetLife's business in Hong Kong.
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- November 4 2016
Life insurance market in SE Asia to grow 7.7%
The forecast, which covers the period to 2020, is revealed in a study by MarketStudyReport.com.
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- November 2 2016
Negotiations extended for sale of Felda’s AXA Affin stake
Talks between Affin and the state-run planter’s stake will be allowed to extend for another three months.
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- November 2 2016
Korean life insurers cut workforce amid profit decline
The layoffs are primarily geared toward cutting costs in an environment of low interest rates.
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- November 1 2016
Metlife to exit Indian insurance venture
The US insurer will sell its 26% stake in PNB Metlife to focus on challenges in its home market.
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- October 28 2016
China’s greying population
A demographic time bomb is forcing the country to address the rising cost of elderly care.
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- October 28 2016
Zurich eyes bancassurance growth in Indonesia
More growth in bancassurance business is expected as Zurich Topas Life partners with Bank CTBC Indonesia.
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- October 27 2016
Insurance agents warned against referral fees
The Life Insurance Association of Singapore has said that charging referral fees is unethical.
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- October 20 2016
Hanwha Life acquires 4.1% stake in Lending Club
Investing in the world’s largest peer-to-peer lender is part of an effort to enhance its fintech capabilities.
