Industry Segments: Life Page 45 / 53
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- December 30 2015
China’s premiums up nearly 20% in Jan-Nov period
Life premiums also up by nearly 25% within the same period
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- December 29 2015
Vietnam’s insurance industry invests US$6.7 in economy
Long term government bonds seen as popular investment among life and nonlife firms in 2015
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- December 24 2015
Three Chinese life firms consider US$3.1bn bond launches
An Bang Life Insurance, Happy Life Insurance, and Tian'an Life Insurance looking to tap the markets.
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- December 23 2015
Sun Life shuts down wealth products
Canadian giant to focus on Life Solutions as part of a review in key markets, including Asia
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- December 23 2015
Allianz Buys 51% of PNB Life in the Philippines
The two firms also enter into a 15-year exclusive distribution partnership
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- December 22 2015
India’s general insurance penetration drops to 0.70%
Slower economic growth and entry of life players into the general market, attributed says GIC
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- December 21 2015
Muang Thai Life seeks approval for Cambodia JV
Thai life insurer embarks on its first life-insurance venture outside Thailand and expected to receive approval early next year.
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- December 17 2015
Manulife Philippines bancassurance deal gets clearance
Manulife Philippines can now sell insurance products at branches of China Savings Bank.
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- December 16 2015
Zurich names new global life CEO
Gary Shaughnessy takes over from Kristof Terryn as part of a leadership revamp.
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- December 16 2015
Bank Rakyat Indonesia buys insurer for US$114m
Indonesia's second-largest lender is finalising its acquisition of Bringin Jiwa Sejahtera Life.
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- December 15 2015
Singapore policyholders ask for clarity on bonuses
Life insurance customers want to know why non-guaranteed bonuses have plunged.
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- December 14 2015
Foreign insurers in Korea hit by heavy Q3 losses
Continued poor performances fuel rumours that global insurers will pull out of the market.
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- December 11 2015
Sompo Japan scraps investment in reinsurer Scor
The Japanese nonlife insurer may also unload the shares it already owns in the French reinsurer.
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- December 10 2015
China Life to buy Postal Savings Bank stake for US$2bn
China's biggest insurer is buying roughly 5% of the postal bank ahead of its Hong Kong IPO.
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- December 10 2015
Japanese insurers look forward to 2016 profit boost
Fitch predicts continued profit improvement next year after record profits during 2015.
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- December 10 2015
Foreign insurers win modest market share in China
Overseas companies continue to be dominated by local insurers despite gradual liberalisation.
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- December 9 2015
Prudential planning to sell PCA Life Korea
The British insurer is reportedly selling its Korean unit as part of an Asian restructuring.
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- December 8 2015
Fubon gets green light to buy stake in Hyundai Life
Korea's Financial Services Commission has approved the purchase of a 48% stake.
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- December 7 2015
Moody’s upgrades Taiwan’s Cathay Life
Structural improvement in its profitability prompts upgrade to insurance financial strength rating.
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- December 4 2015
Sun Life plans to raise stake in Indian JV
The Canadian insurer is the latest foreign player to raise its stake in an Indian life insurance JV.
