Industry Segments: Life Page 36 / 52
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- October 10 2016
Dai-ichi looks to acquire local rivals as industry returns plummet
Japanese life giant looks to acquire local competitors.
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- October 6 2016
Sun Life seeks expansion into Singapore and Thailand
The move is seen as an opportunity to boost sales in a region where low penetration and faster growth are enticing foreign players.
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- October 5 2016
NAB completes sale of life unit to Nippon Life
After completing the sale of 80% of the unit, the Aussie bank expects a loss of up to A$1.3b on the deal.
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- September 28 2016
Bank of India sells 18% stake in insurance JV
The stake in Star Union Dai-ichi Life Insurance has been bought by its Japanese partner Dai-ichi Life Insurance.
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- September 26 2016
Bangkok Life gears up for Cambodia business
The Thai insurer will venture into Cambodia next year to tap strong demand in its South-East Asian neighbour.
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- September 21 2016
JD Group names Lennard Yong Hong Kong CEO
The company plans to build an international financial services conglomerate with Chinese heritage.
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- September 15 2016
Chaoyang Life to be put up for tender
Six Taiwanese financial holdings and insurance entities are now reportedly interested in launching a takeover bid.
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- September 12 2016
Mirae Asset Life makes final bid for PCA Life
The Korean insurer has submitted its last bid for the unlisted arm of Britain's Prudential.
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- September 8 2016
New rules a heavy blow for unlisted Chinese insurers
Stricter rules on the universal life insurance product market target short-term, high-return policies.
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- September 8 2016
Malaysian life premiums grow strongly in first half
New business-weighted premiums were up by 20.8% during the first six months of 2016, according to LIAM.
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- September 6 2016
Indonesian insurer eyes one million clients by 2017
Finansial Wiramitra Danadyaksa hopes to engage one million clients in its new single premium life insurance.
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- September 5 2016
Hanwha Life interested in Woori Bank
The Korean life insurer is considering a stake in the country's only state-owned commercial bank.
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- September 1 2016
Anbang seeks approval to buy Allianz Korea
The Chinese insurer has already won regulatory approval from authorities in Beijing.
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- August 31 2016
China Life to increase outbound investment
After a 67% profit plunge in the first half of 2016, the Beijing-based insurer is shifting US$47b offshore.
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- August 30 2016
Indian life insurers keep up high growth rates
New premiums were buoyed by better distribution channels, low rates and better expectations from unit-linked products.
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- August 24 2016
Dai-ichi’s subsidiary to acquire US Warranty Corp
The US$127m acquisition of the asset protection specialist is expected to conclude as early as this year.
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- August 22 2016
Samsung Life to buy bigger stake in Samsung Securities
The Korean insurer is set to buy the 8% stake from its affiliate, Samsung Fire & Marine, it said in a statement.
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- August 19 2016
Indian life insurers post double-digit growth
Industry officials credited the surge to huge participation in unit-linked insurance plans.
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- August 19 2016
Growth in Hong Kong life sector slowing
Weak domestic demand and new regulations in China are beginning to curb expansion.
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- August 19 2016
Japanese life firms want independent oversight
Key players in the industry are urging corporate Japan to strengthen oversight by outside investors.
