Line of business: Life Page 46 / 53
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- December 10 2015
Foreign insurers win modest market share in China
Overseas companies continue to be dominated by local insurers despite gradual liberalisation.
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- December 9 2015
Prudential planning to sell PCA Life Korea
The British insurer is reportedly selling its Korean unit as part of an Asian restructuring.
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- December 8 2015
Fubon gets green light to buy stake in Hyundai Life
Korea's Financial Services Commission has approved the purchase of a 48% stake.
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- December 7 2015
Moody’s upgrades Taiwan’s Cathay Life
Structural improvement in its profitability prompts upgrade to insurance financial strength rating.
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- December 4 2015
Sun Life plans to raise stake in Indian JV
The Canadian insurer is the latest foreign player to raise its stake in an Indian life insurance JV.
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- December 3 2015
Sun Life of Canada to invest in Philippine power industry
The investment will feature a 12-year loan agreement between the Canadian insurer and private partners.
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- December 2 2015
Zurich withdraws Singapore life insurance business
The Swiss insurer stopped writing new business in Singapore on Tuesday to streamline its business.
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- December 2 2015
AXA ups it stake in Indian joint ventures
The French insurer has raised its stake to 49% in both its life and general insurance JVs with Bharti.
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- December 1 2015
Taikang mulls US$16bn investment in Chinese elderly care
The Chinese insurer is planning to increase its investment in the sector during the next five years.
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- November 30 2015
Rapid growth of China’s agency force gives rise to concerns
Chinese insurers are hiring an army of sales agents, prompting warnings about mis-selling.
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- November 30 2015
Fubon Life set to acquire London building for US$715m
The Taiwanese insurer continues to snap up London properties as it seeks to diversify its portfolio.
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- November 25 2015
Manulife completes US$1bn fundraising
The 12-year subordinate bonds pay a coupon of 3.181% and are guaranteed by Manulife Financial.
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- November 24 2015
Qantas enters Australia’s life insurance market
The Aussie airline is launching its own branded health insurance products in partnership with nib.
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- November 24 2015
Evergrande buys stake in Chinese insurance JV
The Chinese property developer will pay US$617m for a 50% stake in Great Eastern Life Assurance (China).
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- November 24 2015
NAB Nippon Life aims to lead Australia’s life market
The joint venture company is aiming to become the largest writer of life insurance premiums Down Under.
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- November 20 2015
Nippon Life set to regain crown as Japan’s top life insurer
The insurer has boosted revenue by launching new foreign currency products sold through banks.
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- November 17 2015
Cerulli names Taiwan as Asia’s most attractive ILP market
The Boston-based research house says that Taiwanese insurers continue to favour investment-linked products.
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- November 16 2015
Manulife considers more acquisitions in Asia
The company is beefing up in Japan and Hong Kong, and adding capabilities in China, Vietnam and the Philippines.
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- November 16 2015
China Life pays US$754m for Hong Kong office tower
The One HarbourGate deal will rank as the biggest office-tower acquisition in Kowloon.
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- November 13 2015
SBI Life likely to become India’s first insurance IPO
It could beat HDFC Life to become the first Indian insurer to list directly on a local stock exchange
