Line of business: Life Page 38 / 53
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- August 10 2016
HDFC Life and Max Life agree merger terms
The terms of the three-step merger have been announced after the boards of all four firms approved the terms.
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- August 8 2016
Aviva Asia’s value of new business drops
The weaker performance was largely attributed to the end of a bancassurance partnership with DBS.
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- August 5 2016
Mutual appreciation
Insurance groups that are owned by policyholders and run for their benefit are making a comeback.
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- August 5 2016
Philippines court upholds liquidation ruling on Prudentialife
The company will have to continue paying claims to policyholders, four years after it was put into receivership.
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- August 3 2016
Anbang’s plan to buy Allianz Korea still in limbo
The group hasn't applied for government approval, drawing speculation that the acquisition has stalled.
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- August 1 2016
OCBC suffers dip in insurance earnings
Singapore's second-biggest lender suffered from the performance of its insurance operations in Q2.
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- July 29 2016
AIA Group posts record growth in new business
The largest independent publicly-listed pan-Asian life insurance group posted a record 37% growth in the first half.
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- July 28 2016
Korea’s KDB Life struggles for buyers
There seems to be no takers so far for the insurance unit of state-owned lender Korea Development Bank.
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- July 26 2016
Vietnamese life market booming
Total life insurance premiums reached close to US$1bn for the first half of 2016, according to the Vietnam Insurance Supervisory Authority.
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- July 22 2016
Foreign health insurers need to take risks in China
The market is huge and growing rapidly, but regulatory challenges will prevent all but the biggest foreign players from succeeding.
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- July 22 2016
Dai-ichi to open business in Cambodia
Japanese major scheduled to open a representative office in Phnom Penh by end of July.
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- July 20 2016
ICICI Pru Life’s IPO poised to be India’s biggest in six years
The listing is expected to take place this year, with proceeds of up to US$745m going to majority owner ICICI Bank.
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- July 20 2016
Khazanah eyes control of Hong Leong insurance arm
The Malaysian state-owned fund is reportedly considering an US$800m bid for control of the two companies.
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- July 20 2016
Taiwan set to tighten rules on life insurance products
Regulators intend to lower the current 5% insurance policy bancassurance fees to 3.5% to contain costs.
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- July 20 2016
Manulife Vietnam gets green light to raise charter capital
The approval means Manulife Vietnam can raise its charter capital by 38%, its second hike in eight months.
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- July 19 2016
Indian life firms post strong growth
Statistics from June show a 23% increase in annualised premium equivalent, according to Kotak Institutional Equities Research.
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- July 19 2016
Thai Samsung aims for aggressive growth
After investing heavily in building a network of agents, Thai Samsung Life is now aiming to break even in the near future
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- July 13 2016
Metlife Japan names David Gee new CIO
The new chief investment officer will launch a major technology transformation project as it migrates from older systems.
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- July 13 2016
ING Life sale expected to drag on
JD Capital and PICC have emerged as the most aggressive preliminary bidders in the sale of the Korean insurer.
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- July 12 2016
MetLife posts stellar growth in Hong Kong
The business grew 116% year-over-year, a performance catapulting the firm to the list of fastest-growing insurers in the market.
