Industry Segments: Life Page 52 / 52
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- May 12 2015
Dai-ichi Life signs bancassurance deal with Vietnam’s HDBank
Both parties pledge to develop strategic cooperation between Vietnam's banking and insurance sectors.
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- May 12 2015
India’s insurance employees’ union oppose hike in FDI
Increase would mean handing over the hard earned savings of the people to foreign capital, says AIIEA.
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- May 11 2015
Bank Rakyat Indonesia seeks life insurance partner
Plans to set up an insurance unit in which it will hold a majority stake.
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- May 9 2015
Singapore’s life insurance business edges down in Q1
Surge in single-premium products attributed.
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- May 7 2015
Malaysia’s first Internet insurance platform launched
Company is confident that the online insurance platform will help increase the life insurance penetration rate in Malaysia.
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- May 7 2015
China encourages citizens to buy private health insurance
State Council offers tax reductions for premium payments of less than Rmb2,400 (US$392) per year.
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- May 6 2015
Manulife to open 18 branches in the Philippines, eyes raising market share
10 branches to be opened this year and a further eight scheduled in 2016.
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- May 5 2015
10 South Korean life insurance firms offering poorly written contracts
Contracts assessed based on clarity, brevity and comprehensibility.
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- May 5 2015
Bangladesh insurers seek withdrawal of insurance policy tax
Gains from life insurance policies urged to be withdrawn.
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- May 4 2015
Prudential names Mike Wells as new CEO
29 year veteran succeeds Tidjane Thiam, from 1 June.
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- May 1 2015
Aegon, and Tsinghua Tongfan invest in Chinese life insurer
Potential of China’s life insurance market attracts investment.
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- April 30 2015
Vietnam life insurance industry’s growth hits 5-year high
Total premiums, VONB and number of contracts signed surge.
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- April 29 2015
Bangladesh to see first insurance JV if Mitsui Insurance gets license
Japan's largest insurance company, reportedly in talks with insurance regulators in Bangladesh.
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- April 23 2015
Bangladesh to raise foreign stake in life insurance sector to 83%
Government keen to attract more foreign insurance companies to the country.
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- April 23 2015
Philippine National Bank seeks US$500m in sale of life insurance stake
Possible investors could come from Japan and Taiwan.
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- April 23 2015
Bank Rakyat Indonesia to sell stake in life insurance arm
The Bank is seeking a partner to develop its life insurance unit BRIngin Life.
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- April 21 2015
Manulife launches financial advisory unit in Singapore
Products offered under financial advisory arm set to rise.
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- April 19 2015
Korea’s Mirae Asset Life Insurance to launch IPO
Life Insurer looking to raise up to KRW500bn (US$459m) according to reports.
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- April 16 2015
Annuity recommendations getting popular among Australian planners
Annuities had continued to increase over the last three years in response to client concerns such as longevity risk.
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- April 16 2015
AXA strikes partnership deal with SingPost
Financial advisers will promote AXA's insurance products at 34 post offices in Singapore under a 10-year agreement.
