Line of business: Life Page 5 / 53
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- January 20 2022
Taiwan life premiums to hit US$120bn in 2025: GlobalData
The increase will be driven by an aging population and investment insurance.
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- January 13 2022
China Life appoints temporary chairman amid investigation
Non-exec director Yuan Changqing steps up after Wang Bin suspected of discipline breaches.
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- January 12 2022
India to launch LIC IPO prospectus within weeks: report
The government is also understood to be finalising steps to allow foreign investors up to a 20% stake.
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- January 10 2022
China Life’s chairman under investigation
Wang Bin is suspected of serious violations of discipline and law, according to a Chinese anti-corruption body.
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- December 31 2021
India identifies ‘systemically important’ insurers for 2022
GIC, LIC and New India have been deemed "too big or too important to fail' by the regulator.
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- December 31 2021
China Life (Overseas) eyes Asia expansion: Moody’s
The Shenzhen-based SOE already has operations in Hong Kong, Macau, Singapore and Indonesia.
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- December 31 2021
HSBC gets regulatory nod to buy out China life JV
Regulatory approval comes around 18 months after the deal was first announced in May 2020.
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- December 15 2021
Manulife appoints Carrie Tong to lead Macau operation
The new role comes in addition to her existing position as chief strategy officer for Hong Kong and Macau.
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- December 14 2021
FWD to raise US$1.4bn via private placement
Investors reportedly include Swiss Re as the life insurer moves planned IPO from NYSE to Hong Hong.
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- December 10 2021
Generali eyes increasing India JV stakes: report
The Future Group has been looking to divest its stakes in the P&C and life JVs for around 18 months.
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- December 2 2021
AIA appoints former Sun Life president as Asia chief
Leo Grepin will also lead group strategy and corporate development effective January 3.
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- December 1 2021
Hong Kong premiums down 1.1% over first nine months
HKIA data shows the sector recorded total GWP of US$58.5bn as mainland visitors continued to be impacted by travel restrictions.
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- November 30 2021
PIC 2021: Asia’s L&H market faces climate change hit
The region's life and health markets face a massive protection gap which experts say is being made worse by a warming planet.
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- November 19 2021
ASIC sues MLC Life over policy, service failures
The Nippon Life-owned insurer is accused of causing financial harm of nearly US$13m to over 260,000 customers.
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- November 19 2021
CPIC gets greenlight for Hong Kong life arm
The new long-term insurance player will be led by former HSBC insurance executive Candy Yuen.
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- November 12 2021
AIA grows new business 15% in first nine months
Hong Kong sales continue to struggle as a result of restrictions on mainland Chinese visitors.
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- November 5 2021
Sun Life Vietnam poaches AIA exec for CEO role
Luc Nhon Ly was most recently chief executive of AIA Myanmar.
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- November 4 2021
AMP’s US$391m Resolution Life Australasia stake sale sees life exit
The deal represents a continuing movement away from insurance by Australia's banks.
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- November 1 2021
Zurich Takaful Malaysia appoints new life CEO
Nazrul Hisham Abd Hamid replaces Mukesh Dhawan as the leader of firm's family takaful operations in the country.
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- October 28 2021
Ping An’s net profit continues downward trend
Premium income at the insurer's P&C arm fell by 9.2% over the first nine months of 2021.
