Industry Segments: Life Page 47 / 52
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- October 16 2015
AIA’s Malaysia unit to add 5,000 agents this year
AIA has a multi-channel distribution network supported by a current force of 17,000 agents.
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- October 15 2015
Nippon Life eyes NAB’s insurance unit
The Australian bank has put its insurance unit on sale due to tightened global regulations.
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- October 15 2015
Shanghai’s rich account for 15% of China’s life premiums
Just 160,000 Shanghainese account for about 15% of the total life insurance premiums in China.
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- October 9 2015
Malaysia pushes for market-driven insurance pricing
Motor and fire insurance sectors need to be restructured, says the country's central bank.
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- October 9 2015
Japan Post Insurance IPO values firm at US$10bn
Japan Post has set an indicative price range for the November initial public offering.
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- October 8 2015
SM Malls to offer prepaid life insurance products
The Manulife products will soon be available at counters in Philippine shopping malls.
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- October 1 2015
China’s insurance premium growth slowing
CIRC data shows growth slowed to 19.5% during the first eight months of the year.
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- September 30 2015
Ageas scouting for assets in Asia
After selling its insurance business in Hong Kong, Ageas plans to acquire assets in Asia.
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- September 30 2015
China removes life insurance interest-rate cap
The new policy will return pricing power to insurers and encourage market-based products.
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- September 29 2015
Taiwan insurers brace for effects of rate cut
Insurers brace for headwinds after the central bank's decision to lower its key interest rate.
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- September 28 2015
Allianz Life sees market need for takaful solutions
The company would like to start offering Islamic products to customers in Malaysia.
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- September 28 2015
KB Financial launches first one-stop financial shop
Banking, securities, life insurance and non-life insurance all offered under one roof.
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- September 25 2015
Malaysians buying more life insurance online
U for Life is investing up to M$5m over the next 12 months in its internet platform.
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- September 25 2015
Swiss Re to acquire Guardian Financial for US$2.44bn
Swiss Re joins the deal frenzy that is currently taking place in the global insurance industry.
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- September 23 2015
Moody’s keeps stable outlook for Chinese insurers
The credit rating agency warned China's insurers on headwinds that may affect creditworthiness.
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- September 21 2015
China Re wins approval for US$2bn Hong Kong IPO
The company is offering up to 15% and expects to pitch the deal to investors in early October.
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- September 18 2015
Taiwanese insurers ready for US Fed rate hike
Insurers have been making adjustments to fully prepare for the possible effects of the hike.
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- September 18 2015
Manulife to expand Philippines branch presence
The insurer will increase the number of branches to a total of 50, up from the current 37.
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- September 16 2015
Philippine insurance industry to rise up to 30% this year
Rising incomes among Filipinos will trigger the growth of the industry this year, says Sun Life.
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- September 15 2015
Nippon Life agrees to merge with Mitsui Life
The Japanese insurer will again become the country’s biggest insurer, ahead of Dai-ichi Life.
