Line of business: Life Page 13 / 53
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- October 27 2020
Westpac flags US$289m life unit write-down in tough H2
The embattled bank is facing a US$870m after-tax profit drop.
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- October 23 2020
NAB looks to offload NZ life arm as market exodus continues
The Australian lender's BNZ Life is back on the chopping block.
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- October 22 2020
Indonesia defaults likely to dampen growth: Fitch
Insurers should refocus on corporate governance and risk management, says the ratings agency.
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- October 19 2020
MetLife Japan set for new CEO and president
The move is part of series of global leadership changes.
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- October 19 2020
Insurers race to meet Philippines’ capital requirements
Four firms have been given a fresh deadline.
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- October 14 2020
APRA focuses on capital adequacy and corporate governance
Systemic resilience, cyber and corporate governance are moving up the agenda.
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- October 13 2020
Manulife’s Sachin Shah says Asia has passed digital “tipping point”
The life giant is targeting strong regional growth, while Covid-19 is changing market dynamics.
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- October 8 2020
Aussie insurtech backed by Japan’s Daido Life raises US$43m
Such partnerships are likely to become mainstream in the next three years.
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- October 5 2020
Allianz Malaysia in strong position: AmInvestment Bank
GWP at the firm's life and P&C arms have been growing well ahead of the market average.
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- October 2 2020
Manulife moves HK-based exec to Malaysia CEO role
The leader has significant bancassurance and digital experience.
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- September 30 2020
First Korean life player given Myanmar green light
The firm is now in search of a local partner to set up a JV.
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- September 29 2020
Future’s stakes in Indian JVs close to being sold: report
A sale would reduce the Indian conglomerate's debt burden.
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- September 24 2020
FWD hires banks to plan Hong Kong IPO: report
A offering on the HKEX could raise as much as US$3bn for the ambitious life player.
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- September 23 2020
BEA Life sale edges closer: report
The Hong Kong bank could raise up to US$600m from any potential deal.
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- September 22 2020
BNP Paribas Cardif hires first Korean as country CEO
The move is a departure for the firm, which has always appointed a French exec to the top spot.
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- September 22 2020
PartnerRe appoints head of APAC life and health
The experienced regional exec will join from Swiss Re in February next year.
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- September 14 2020
Hannover Re bullish on price rises for APAC 2021 renewals
The firm, led by Jean-Jacques Henchoz, sees progress, including in Australia and Japan.
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- September 14 2020
Japan Post to resume sales after costly mis-selling scandal
The regulatory issue delayed a potential US$10bn government fundraising.
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- September 12 2020
Singlife to merge with Aviva’s Singapore division
Combined firms will create one of the Lion City's largest life players valued at over US$2.3bn.
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- September 11 2020
Sun Life’s Dean Connor targets “more scale” in Asia
Global chief executive is interested in acquisitions and bancassurance partnerships.
