Industry Segments: Life Page 47 / 53
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- October 30 2015
China Life’s net profit plunges 74% in Q3
China's biggest insurer by market value saw its net profit dive by more than Rmb6.5 billion.
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- October 28 2015
Nippon Life seals US$1.65bn deal for NAB’s life unit
The bank will unveil details of the acquisition during its full-year profits announcement on Wednesday.
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- October 27 2015
Korean insurer targets top slot through training
"Innovation School" and other initiatives aimed at fostering the world's top insurance company.
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- October 26 2015
Beijing seeks to expand insurance collaborations with Taiwan
Life, health and liabilities insurance policies to form part of discussion in closed door meeting.
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- October 26 2015
Samsung Bank China Life begins operation
New shareholder Bank of China allows Korean insurer to operate life businesses in China.
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- October 23 2015
China and Taiwan hold cross-strait insurance talks
The meeting is aimed at standardising regulations and improving mutual market access.
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- October 22 2015
Sumitomo Life mulls US$2.5bn foreign bond purchase
Japan’s fourth-largest insurer is diversifying its investments amid continued central bank easing.
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- October 21 2015
Manulife Philippines opens two branches in Mindanao
New branches in the cities of Dipolog and Butuan bring its total outlets in the country to 38.
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- October 21 2015
NTT Docomo, Nippon Life team up for mobile plans
Japan's leading mobile phone operator will sell Nippon Life policies through its 2,400 stores.
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- October 19 2015
Taiwan Life acquired by CTBC Financial
CTBC Financial issued US$102.54 million worth of preferred shares as part of a share swap.
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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.
