Line of business: Life Page 25 / 53
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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.
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- April 4 2018
SBI Life names new CEO
Sanjeev Nautiyal will head the joint venture between State Bank of India and BNP Paribas Cardiff.
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- April 4 2018
AIA chief becomes first female president of LIAM
Anusha Thavarajah will be the first woman elected president in the association's 44-year history.
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- April 1 2018
CBA eyes sale of Indonesian life insurance business
Commonwealth Life could be valued at up to US$250 million as the Aussie bank bids to free up capital.
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- March 21 2018
Korea Development Bank postpones sale of life unit
The former Kumho Life will not be sold for at least two years or until it becomes more competitive.
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- March 19 2018
Rescue plan for Indonesian life insurer collapses
Evergreen's planned rescue of the embattled Bumiputera has failed after disagreements over funds.
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- March 16 2018
Singapore’s LIA adopts new measures on incentives
The proposals cover sales targets, sign-on incentives and the monitoring of representatives.
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- March 15 2018
Thailand life market to maintain growth
New bancassurance deals and a bigger pool of agents eligible to sell investment-linked insurance are drivers.
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- March 13 2018
Taiwanese life insurers warned against investment practices
Fixed-income assets reportedly constitute less than 20% of local life insurers’ total investments.
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- March 1 2018
Allianz gets regulatory nod for sale of Taiwan portfolio
The insurer hopes to sell more than 78,000 life policies to Taipei-based China Life Insurance.
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- February 23 2018
Generali eyes opportunities in the Philippine market
After the end of its 17-year partnership with BDO Unibank it intends to re-focus on group life and health.
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- February 22 2018
Allianz delivers strong growth in Asia
Operating profit in the region grew 22% to €273m, driven by strong performance across the business.
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- February 13 2018
China Life reportedly acquiring AMP’s life assets for US$3bn
A possible deal to buy the troubled life insurance assets could be announced in May, according to reports.
