Line of business: Life Page 10 / 54
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- June 10 2021
CPIC close to setting-up Hong Kong life arm—sources
IAN understands Simon Lam has joined from Munich Re to aid the launch.
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- June 8 2021
CBA close to selling domestic P&C business–report
AFR report says IAG and Allianz are the frontrunners in the bidding for CommInsure.
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- June 8 2021
Qianhai Re appoints Weishu Fan as CEO
The former head of Munich Re’s Beijing branch has also worked for Zurich and Swiss Re.
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- June 3 2021
Taiwan green-lights Taishin’s Prudential Life acquisition: report
The FSC has imposed conditions including retaining all of the insurer's existing employees.
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- June 3 2021
Japan’s life giants set for rebound after robust FY 2020 profits
Stable mortality margins helped Dai-ichi Life, Meiji Yasuda Life, Nippon Life and Sumitomo Life.
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- May 31 2021
Swiss Re sells off remaining New China Life stake: report
Last week's sale brings to an end an eight-year investment relationship.
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- May 28 2021
HKIA extends temporary facilitative measures to September 30
The exemption allows for the distribution of certain products via digital channels, telemarketing, post or video conferencing.
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- May 25 2021
Aviva Singlife poaches DBS veteran as CEO
Pearlyn Phau joins the Singapore life player as executive director and group chief executive.
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- May 17 2021
HKIA designates AIA, Prudential, FWD under GWS framework
Hong Kong joins Australia, Bermuda, Singapore and the UK by enacting group-wide oversight.
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- May 14 2021
Prudential sees new Q1 business profits rise 21%
The increase comes despite lower sales in Hong Kong and the impact of pandemic-related disruptions.
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- May 12 2021
Prudential Financial’s Japan unit blunted Covid-19 impact: Fitch
After several sales of Asian assets in the last 18 months, Japan is set to grow in importance.
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- May 3 2021
South Korea’s insurers feel the Covid pinch overseas
Non-life operations in China, Indonesia and Vietnam the main international focus of local players.
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- April 23 2021
Australia claims data shows value of advisers
APRA data shows life policies bought through financial advisers perform better.
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- April 22 2021
India’s LIC books record new business growth as it prepares for IPO
Sales at the state-owned life insurer have grown strongly despite Covid-19.
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- April 9 2021
DWS appoints Ellen Yang as head of APAC insurance
She has previously worked at Standard Life, KPMG and advised the CBIRC.
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- April 8 2021
APRA wants offshore reinsurance limits for life market
Deputy chair Helen Rowell says the lack of appropriate oversight is a prudential concern.
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- April 8 2021
Indian insurtech Policybazaar eyes May IPO
Bloomberg report suggests the Indian unicorn could have a post-IPO valuation of US$3.5 billion.
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- April 8 2021
Axis Bank secures 13% stake in Max Life
The Indian private bank has an option to buy a further 7% of the country's fourth largest life player.
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- April 1 2021
China Strategic eyes Hong Kong Life: report
Any deal could be worth between US$400-500m.
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- March 30 2021
South Korea’s Kyobo Life appoints three co-CEOs
Pyun Jung-beom to lead digital transformation alongside Shin Chang-jae and Yoon Yeol-hyun.
