Line of business: Life Page 11 / 53
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- March 3 2021
Prudential’s Asia sales take HK hit but profit climbs 12%
CEO Mike Wells is looking to raise up to US$3bn and wants more shareholders in the region.
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- March 3 2021
FWD poised for Indonesia growth as it seals BRI Life deal
The HK-based insurer takes a 29.86% stake in the life player and teams up with the country's largest bank.
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- February 24 2021
HSBC to double down on China as global premiums dip
Protests and Covid-19 hit Hong Kong's life sales hard as mainland visitors dried up in 2020.
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- February 24 2021
Aegon exploring Asia life operations sale: report
Transamerica Life Bermuda targets high net worth individuals in Singapore and Hong Kong.
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- February 24 2021
HK insurers to profit from renminbi reforms
China's SAFE mulls allowing citizens to buy overseas securities and insurance.
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- February 23 2021
Tahoe Life sale runs aground as Ping An jumps ship
The HKIA has reportedly also ordered the insurer to temporarily stop underwriting new business.
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- February 22 2021
Allianz Asia 2020 GWP hits US$9bn
China and Malaysia were standouts as regional profits climbed to US$668m.
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- February 18 2021
Munich Re confirms South-East Asia and digital L&H leaders
Singapore-based Aravind Srinivas and Tobias Frenz have taken on new roles with the global reinsurer.
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- February 18 2021
Private equity hunger for Asia insurers to grow
Global PE firm Carlyle has targeted South Korea's reinsurance space.
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- February 17 2021
Manulife’s Hong Kong & Macau earnings up 10%
Amid protests and a pandemic, new business in 2020 fell by 14% to US$460m.
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- February 12 2021
Allianz China Life deal to kick off APAC deal frenzy
As we enter the Year of the Ox, the M&A bulls are set to keep running.
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- February 2 2021
AIA, China Strategic submit binding bids for BEA Life: report
The sale is expected to raise US$500-600m for the Hong Kong-listed lender.
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- January 25 2021
ZA Bank gets HK agency license
ZhongAn has broadened its insurance presence in the SAR via a subsidiary.
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- January 25 2021
Hong Kong Life up for grabs again: report
The US$500m valuation is significantly lower than a 2018 bid by First Origin International.
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- January 20 2021
Axa Singapore bidding war draws HSBC and Etiqa: report
A disposal could raise as much as US$700m for the French firm.
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- December 29 2020
ICICI Pru Life inks deal with AU Bank
The deal expands the insurer's distribution channels among underserved populations.
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- December 16 2020
Partners Life buys NAB’s New Zealand life business for US$206m
Another Australian lender exits the life market.
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- December 15 2020
FWD Japan appoints Hideki Yamagishi as new CEO
The move comes amid a tough year for the business, which has been impacted by the pandemic.
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- December 15 2020
Manulife snaps up Aviva’s Vietnam life arm
South-East Asia is the Canadian firm's fastest growing market.
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- December 10 2020
Axis Bank seeks CCI approval for stake hike in Max Life
Move comes after insurer's parent share swap deal with Mitsui Sumitomo given green light.
