Industry Segments: Life Page 50 / 53
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- July 27 2015
Japan’s Meiji Yasuda acquires StanCorp for US$5bn
Japanese insurer agrees to acquire all outstanding shares for US$115 per share in cash.
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- July 23 2015
PhilNaRe to expand life and health business
Expansion in life and health follows PhilNaRe rise in market share to one-fifth last year.
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- July 16 2015
China Life posts record-high net income
China's largest life insurer posts a 103% rise in net income to NT$5.71 billion.
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- July 15 2015
Singapore mandates compareFIRST submissions
MAS will require all insurers in Singapore to submit information to new one-stop online portal.
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- July 9 2015
Shares of Korean insurers trading below IPO prices
Lower share prices reflect concerns about negative margins in the life insurance business, according to analysts.
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- July 8 2015
India’s life insurance industry forecast to grow up to 15%
Improved market scenario and government efforts to improve insurance penetration in the country, cited as factors.
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- July 8 2015
Three shortlisted for Bank Rakyat Indonesia’s life stake
BNP Paribas Cardif, FWD Group and Hanwha Life Insurance Co said to be shortlisted.
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- July 7 2015
Australia’s insurance reform plan divides planners
Some consider the reform challenging, others claim a very positive first step to restructuring the life industry.
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- July 7 2015
Philippine life insurance market smallest in Asean 5
Country's insurance market amounts to just US$3.8bn in premium earnings despite having second largest population among the Asean 5.
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- July 6 2015
Life premium growth to increase in emerging markets this year
China and central and eastern Europe to see more life premium growth this year, according to Swiss Re report.
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- July 3 2015
Allianz Life Korea to focus on wealthy seniors
Munich-based global insurer aiming to become the No. 1 global insurer locally.
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- July 2 2015
State Bank of India to sell stakes in insurance subsidiaries
SBI to sell a 10% and 23% stake in life insurance and general insurance subsidiaries to foreign partners.
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- July 1 2015
Australia’s Suncorp life head quits
Geoff Summerhayes plans to step down this September to pursue other business opportunities.
