Line of business: Life Page 28 / 53
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- November 2 2017
CDFHC expects gains after Taiwan insurer acquisition
Development Financial Holding Corp says it is expecting “synergistic gains” after gaining a foothold in the Taiwanese market.
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- October 30 2017
China Life profit grows 365%
Earnings have been buoyed by a leap in investment income amid an increasing stock market and robust premiums.
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- October 24 2017
Anbang resumes sale of high-yield products
Experts say government regulators must have extended a new lease on the group’s operations.
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- October 20 2017
Allianz to sell part of life insurance business in Taiwan
The German insurance group has agreed to sell a portfolio of 78,000 policies to China Life.
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- October 19 2017
ANZ retains life unit but still has plans for sale
Life insurance will not be its main focus and the bank is planning to sell or even float the business.
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- October 16 2017
Aviva exits Taiwan
The British-headquartered insurer has decided to sell its stake in a local joint venture with First Financial.
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- October 13 2017
Five Chinese insurers barred from financing parent companies
The move is part of a government effort to curb funding for some of the nation’s most aggressive asset acquirers.
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- October 6 2017
Nippon Life to buy MassMutual Japan for up to US$1.77bn
If the deal pushes through, it will be the first consolidation in the Japanese life insurance market since 2015.
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- October 5 2017
Chubb appoints 5 global executives
Cunqiang Li has been named chief operating officer for Chubb Life, the firm’s international life insurance division.
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- October 5 2017
No IPO plans for Tata AIA Life
AIA’s chief executive officer and president Ng Keng Hooi revealed there was no need to raise fresh funds.
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- October 3 2017
Suncorp plans to sell life insurance unit
The move comes after chief executive Michael Cameron commenced a strategic review of the division in February.
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- September 29 2017
Vietnam market remains upbeat
Sustained product awareness and continued economic expansion have helped premiums to grow 21%.
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- September 22 2017
AIA pays A$3.8 billion for CBA life unit
The Asian insurance giant has acquired Australia's CommInsure Life and New Zealand's Sovereign.
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- September 19 2017
Chinese life firms urged to diversify products
A senior official at CIRC wants insurers to innovate and offer more than just short-term life products.
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- September 19 2017
ZhongAn eyes HK expansion after IPO
The company is looking to sell life insurance and other healthcare products in the territory after it lists on HKEx.
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- September 18 2017
India’s life insurers record 23% growth in first-year premium
The state-run Life Insurance Corporation remained the leader among the country’s life insurers.
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- September 18 2017
AIA set to buy Commonwealth Bank’s life assets
The Asian insurance group has become favourite to buy the unit in a deal said to be worth more than US$4bn.
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- September 15 2017
Manulife names new Asia CEO
Anil Wadhwani has been appointed president and chief executive officer of the division, taking over from Philip Witherington.
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- September 14 2017
Cambodia sees life insurance rush
More than US$1bn worth of life premiums were issued in the first half of the year.
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- September 8 2017
Listed Chinese insurers to benefit from risk crackdown
Efforts to contain the sale of risky short-term life insurance policies won't seriously affect the country's major insurers.
