Line of business: Life Page 35 / 53
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- January 11 2017
New York Life unit buys stake in India’s Max Ventures
The largest mutual life insurance company in the US has bought a 22.51% stake for US$17.7m.
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- January 5 2017
Korea will make fourth attempt at KDB Life sale
Sources say that KDB has extended the maturities of two funds created to look for a new buyer.
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- December 23 2016
No buyers for troubled insurer Bumiputera
The Indonesian government is likely to consider state aid as efforts to find a strategic investor remain futile.
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- December 23 2016
China tightening issuance of insurance licences
The move comes amid efforts to reduce risks resulting from aggressive business and investment practices.
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- December 22 2016
ING Life among 20 firms to go public in Korea in 2017
Korea's fifth-largest insurer by assets is expected to join about 20 companies going public during the second half.
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- December 22 2016
Thai life market growth to slow in 2017
Economic headwinds will keep the country's life insurance market growth to less than 10% next year.
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- December 21 2016
Indonesia urged to fast-track policyholder protection
The call was made following the replacement of the board of directors and commissioners of AJB Bumiputera 1912.
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- December 15 2016
Malaysia’s life market continues strong growth
The gross sum assured for all new individual policies went up 25% in the first three quarters of the year.
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- December 13 2016
AIA stresses quality over quantity
Productivity and protection policies have been the secret to why business in China has been so successful.
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- December 9 2016
Valuing Asian insurers: art or science?
Many of the region's life insurers assume investment returns significantly higher than bond yields.
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- December 6 2016
SCOR veteran to head PartnerRe life & health business
Marc Archambault, previously CEO of Asia-Pacific for SCOR Global Life, will be replaced by Craig Ford.
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- December 2 2016
Hong Kong’s popularity grows for mainland insurance buyers
The city remains a top attraction for wealthy Chinese who want to get their cash out of the country.
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- November 28 2016
Macau life insurance market expands by more than 50%
The popularity of life products helped the city's insurance sector surge during the first three quarters of this year.
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- November 23 2016
Indian life insurers hit by demonetisation
The demonetisation of 500 and 1,000 rupees notes is affecting payments of renewal premiums.
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- November 22 2016
Prudential partners with Citic to open new China branch
The new branch in Hefei adds to Citic-Pru Life's domestic network, spanning 66 cities across 16 provinces.
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- November 21 2016
Hanwha’s Vietnam strategy finally pays off
For the first time since launching in the country, the Korean insurer has posted a profit.
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- November 17 2016
Taikang Life to buy NorthStar senior care assets
China's fifth-largest insurer by sales has agreed to pay US$1b for the more than 460 healthcare properties.
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- November 15 2016
FWD to buy AIG’s Japan life business
The Hong Kong-based insurer has taken another step towards its goal of becoming a pan-Asian insurer.
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- November 15 2016
Innovation to help Philippine market growth
In a fast-changing and competitive market, the key for local insurers to thrive is innovation.
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- November 15 2016
Max India-HDFC Life merger questioned
India’s insurance regulator has asked what the proposed merger is intended to achieve.
