Industry Segments: Life Page 49 / 53
-
- August 24 2015
LIC to introduce India’s first unit-linked insurance plan
LIC has said that it plans to sell around 100,000 of the new policies within one month.
-
- August 24 2015
Ping An Insurance posts 62% profit rise
First-half profits were boosted by gains from stock investments and life insurance products.
-
- August 21 2015
Fosun and FWD face off over Ageas HK life insurance arm
Final offers from the two companies have been invited and could reach more than US1$bn.
-
- August 20 2015
Philippines life industry ranks second for ASEAN preparedness
Singapore came top in Milliman's ASEAN Liberalisation Index.
-
- August 20 2015
Tencent said to invest in new life insurer
China's largest internet firm is reportedly eyeing a new US$1.5bn venture.
-
- August 19 2015
Chinese online insurance sales triple in first half
Sales reach more than Rmb80bn, though online still accounts for less than 5% of China's insurance premiums.
-
- August 19 2015
Investment-linked plans drive take-up rate in Malaysia
Greater awareness has helped insurance protection in the country to increase 8.1% during the first half of the year.
-
- August 18 2015
South Korean insurers post 30% profit rise
Rise in investment-related earnings is driving net income for local life and non-life insurance companies in Korea.
-
- August 13 2015
Sumitomo to buy Symetra for US$3.8bn
Sumitomo Life has agreed to pay US$3.8bn to buy Berkshire Hathaway-backed Symetra Financial.
-
- August 13 2015
Dai-ichi becomes Japan’s top life insurer
The company has overtaken Nippon Life Insurance after a 56.8% rise in revenue in the second quarter.
-
- August 12 2015
Yield-hungry Dai-ichi Life invests in Indonesian bonds
Dai-ichi Life has made its first investment into Japanese yen-denominated Indonesian sovereign bonds.
-
- August 11 2015
Sumitomo in M&A talks with Symetra Financial
Japan's fourth-largest insurer is reportedly in talks with Symetra Financial as it seeks to expand overseas.
-
- August 11 2015
Military Bank launches life insurance JV
The Vietnamese bank has teamed up with Ageas and Muang Thai Life Assurance to establish a joint venture.
-
- August 7 2015
Singapore life insurers post 3% sales rise in H1
Lion City sees slim growth in both single premium and regular premium business.
-
- August 6 2015
MetLife names Cindy Tang Asia communications head
Tang starts her new role on August 20, based in MetLife's Asia region office in Hong Kong.
-
- August 5 2015
Bangladesh to appoint auditor to check spending of life insurers
Majority of the country's life insurers were in breach of their respective spending limits last year.
-
- August 4 2015
Hong Kong’s insurance gap forecast to balloon by 2020
The gap will be among the highest in Asia within five years, up to as much as US$763 billion, say AIA and Citi.
-
- August 4 2015
Singapore to implement compulsory insurance scheme
Starting November 1, all citizens and permanent residents will be covered under the national lifelong insurance scheme.
-
- July 31 2015
Prudential buys into Vietnam government bond
The British life insurer buys nearly half the Vnd7 trillion bonds on offer in the government's debut 20-year issuance.
-
- July 30 2015
Dai-ichi Life expands in Vietnam
A new general office in Ho Chi Minh City brings the Japanese insurer's Vietnamese presence to 142 sales and general agency offices.
