Industry Segments: Life Page 48 / 53
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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.
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- September 14 2015
Samsung mulls expanding in Vietnam’s insurance sector
Samsung has expressed intention to expand its footprint in the country's life insurance sector.
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- September 11 2015
Asian insurers post strong embedded value growth
Life insurers in Asia are increasingly providing more information about the value of their businesses.
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- September 11 2015
Samsung Life seeks to enter Philippine insurance market
The Korean insurer is reportedly in talks with PNB, alongside several other foreign life insurers.
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- September 10 2015
Malaysia to reach 70% life insurance penetration by 2020
The country's life insurance sector is proving resilient to current economic pressures, says MII.
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- September 7 2015
MAS fines Mercer for unlicensed life insurance sales
The Singapore regulator has fined Mercer for arranging contracts without appropriate licences.
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- September 7 2015
Government stimulus raising premium revenue in Thailand
Total insurance premiums are expected to rise by nearly 5% as the government targets low earners.
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- September 4 2015
Tencent to set up China’s first Internet-based life insurer
The Chinese internet giant is partnering with state-owned firm Citic Guoan on a new internet venture.
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- September 3 2015
Vietnam’s insurance market up 23% in five months
Insurance firms in Vietnam enjoyed a robust first five months of the year in total premium revenue.
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- September 2 2015
MetLife appoints Bharat Kannan to lead distribution
He will lead agency, bancassurance, employee benefits and global relationship management channels.
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- September 2 2015
Japan’s life insurers using shareholder power
More frequent opposition at shareholder meetings is aimed at improving corporate profits.
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- August 31 2015
Chinese private equity firm buys Ageas HK unit
JD Capital has struck a deal to buy Ageas’s Hong Kong life insurance unit for HK$10.7bn.
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- August 28 2015
China Life posts 71% profit rise
China Life continues to widen its footprint after bumper life insurance sales during the first half.
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- August 28 2015
India’s life sector forecast to hit up to US$400bn by 2020
MetLife has said that India's life insurance industry to grow between US$350-400bn by 2020.
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- August 27 2015
Nippon Life buying smaller rival for US$3.4bn
Japan's second-biggest life insurer is set to acquire Mitsui Life Insurance as it seeks to regain its market position.
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- August 27 2015
China Life corners 59.2% of Macau’s insurance sector
The Monetary Authority of Macau says that the city's overall life insurance market grew 72% during the first half of the year.
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- August 26 2015
ConneXionsAsia brings health and wellness marketplace to HK
The company offers a health and benefits platform that aims to shift expenditure from treatment to prevention.
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- August 24 2015
Bank of China buys majority stake in Samsung life unit
The Chinese lender has paid US$200m for a 51% stake in Samsung Air China Life Insurance.
