Industry Segments: Life Page 4 / 52
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- March 14 2022
CPIC reports rising premium income for both property and life
CPIC's property premiums have surged 15.7% year-on-year, whilst its life unit saw a rise of 2.3%.
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- March 4 2022
Rivals circle Axa’s S$150m motor business
After HSBC purchase, without a new bancassurance partner, competitors sense opportunity in the Lion City.
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- February 23 2022
Allianz grows APAC P&C profit 11% to US$148m
P&C GWP hit US$1.7bn with strong performance in Malaysia and India.
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- January 31 2022
HKIA fines insurers US$900,000 for regulatory failures
Metlife and Metropolitan Life in Hong Kong broke anti-money laundering and counter-terrorism rules.
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- January 27 2022
Generali to take majority control of India JVs
Italian giant set to own 74% of Future Generali India and up to 71% of Future Generali Life.
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- January 20 2022
AIA Singapore appoints head of ESG
Leong Li Sun is the former corporate sustainability head at United Overseas Bank.
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- January 20 2022
Taiwan life premiums to hit US$120bn in 2025: GlobalData
The increase will be driven by an aging population and investment insurance.
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- January 13 2022
China Life appoints temporary chairman amid investigation
Non-exec director Yuan Changqing steps up after Wang Bin suspected of discipline breaches.
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- January 12 2022
India to launch LIC IPO prospectus within weeks: report
The government is also understood to be finalising steps to allow foreign investors up to a 20% stake.
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- January 10 2022
China Life’s chairman under investigation
Wang Bin is suspected of serious violations of discipline and law, according to a Chinese anti-corruption body.
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- December 31 2021
India identifies ‘systemically important’ insurers for 2022
GIC, LIC and New India have been deemed "too big or too important to fail' by the regulator.
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- December 31 2021
China Life (Overseas) eyes Asia expansion: Moody’s
The Shenzhen-based SOE already has operations in Hong Kong, Macau, Singapore and Indonesia.
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- December 31 2021
HSBC gets regulatory nod to buy out China life JV
Regulatory approval comes around 18 months after the deal was first announced in May 2020.
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- December 15 2021
Manulife appoints Carrie Tong to lead Macau operation
The new role comes in addition to her existing position as chief strategy officer for Hong Kong and Macau.
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- December 14 2021
FWD to raise US$1.4bn via private placement
Investors reportedly include Swiss Re as the life insurer moves planned IPO from NYSE to Hong Hong.
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- December 10 2021
Generali eyes increasing India JV stakes: report
The Future Group has been looking to divest its stakes in the P&C and life JVs for around 18 months.
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- December 2 2021
AIA appoints former Sun Life president as Asia chief
Leo Grepin will also lead group strategy and corporate development effective January 3.
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- December 1 2021
Hong Kong premiums down 1.1% over first nine months
HKIA data shows the sector recorded total GWP of US$58.5bn as mainland visitors continued to be impacted by travel restrictions.
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- November 30 2021
PIC 2021: Asia’s L&H market faces climate change hit
The region's life and health markets face a massive protection gap which experts say is being made worse by a warming planet.
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- November 19 2021
ASIC sues MLC Life over policy, service failures
The Nippon Life-owned insurer is accused of causing financial harm of nearly US$13m to over 260,000 customers.
