Industry Segments: Life Page 48 / 53
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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.
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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.
