Line of business: Life Page 25 / 54
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- November 7 2018
Manulife appoints Lee Sang-hui as CEO for Malaysia
Mark O'Dell has retired after 10 years at the global life insurer.
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- October 29 2018
Stockmarket turmoil hits China Life
Lower returns from equity investments led to a 76% fall in net profit during the third quarter.
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- October 26 2018
AMP sells Australia life insurance division
Australia' largest wealth manager has sold the unit to Resolution Life for US$2.34bn.
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- October 15 2018
Tay joins China Taiping’s Singapore life business
Lance Tay has been hired to establish the firm's new life division in the Lion City.
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- October 11 2018
Korean insurers downsize to meet new rules
Life insurance companies in the country are in the process of downsizing their workforce to cut costs.
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- October 10 2018
Malaysia’s rule change to hit insurers in January
The minimum allocation rate could affect insurers in the country when the new rule commences.
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- October 9 2018
Prudential on the hunt for buys in Asia
Asia CEO Nic Nicandrou is keen to spend some money on acquisitions in the region.
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- October 8 2018
Aussie commission highlights conflicts
A long-running investigation into the financial services sector has criticised the practice of cross-selling.
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- September 14 2018
Indian life firms see big hike in premiums
New business was up by 6%, according to data released by the Insurance Regulatory Development Authority of India.
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- September 7 2018
Life support
Mainland Chinese buyers continue to play a significant role in Hong Kong’s life insurance market.
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- September 5 2018
Dai-ichi Life confirms purchase of Suncorp’s life arm
Japan’s Dai-ichi Life to pay A$640 million (US$460 million) for the Australian life firm.
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- August 14 2018
Singapore life market sees 20% premium rise
Growth is attributed to an uptake in both single and annual premium products in the first six months of the year.
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- August 10 2018
Babylon’s US$100m AI doctor
The British health chatbot is set to offer advice in 12 Asian markets after deal with Prudential.
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- June 1 2018
Majority foreign ownership in Chinese insurance ventures likely
The change for life insurance JVs is proposed in the latest draft regulatory amendments under consideration.
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- May 24 2018
Korean life insurers see net profits fall
Dwindling sales of savings-type products and weaker investment returns are reducing income.
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- May 14 2018
Singapore life insurers post 14% rise in Q1 sales
Linked policies recorded the highest growth, up 82% from the same period last year.
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- May 2 2018
Max Life, Exide Life join bidding fray for IDBI Federal Life
Shareholders will carry out a detailed evaluation of shortlisted bidders over the next couple of weeks.
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- April 18 2018
Indian consortium to develop data-sharing blockchain
The consortium of life insurance companies has partnered with IT services firm Cognizant Technology Solutions.
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- April 6 2018
Farglory Life fined over corporate governance breach
Taiwan’s regulator has imposed the penalty for corporate governance breaches on a series of real estate projects.
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- April 5 2018
Sun Life aligns HNW operation with Asia business
The change reflects the fact that the high net worth business mostly serves Chinese clients.
