Line of business: Life Page 6 / 53
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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.
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- October 26 2021
Sun Life appoints former Old Mutual director as Asia president
Hong Kong-based Ingrid Johnson has succeeded Léo Grépin who left the insurer earlier this month.
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- October 26 2021
China Life P&C sees 4.5% premium growth in H1 2021: Moody’s
The insurer continued to record underwriting losses partly due to the performance of its motor business.
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- October 20 2021
Thai Life files IPO registration
The company said it recorded revenue of US$1.5bn in H1 2021 while profits were up 42% compared to the previous year.
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- October 18 2021
Shinhan Life joins net-zero climate push
Commitment to limit emissions of underwriting portfolio is first for an Asian insurer and comes ahead of COP26.
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- October 15 2021
CBIRC gives AIA greenlight for Hubei operations
The insurer has added to mainland units in Shanghai, Beijing, Guangdong, Shenzhen, Jiangsu, Tianjin, Hebei and Sichuan.
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- October 12 2021
Tahoe Life extends policy suspension, continues strategic review
The life insurer hasn't sold new policies in Hong Kong since February as negotiations with potential investors continue.
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- October 12 2021
Cigna APAC deal gives Chubb Korean A&H boost: AM Best
Asia-Pacific to account for 20% of global operations once the acquisition closes.
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- October 12 2021
India may allow foreign investors to own 20% of LIC–report
Bloomberg report says government to discuss on Wednesday overseas participation in India's biggest IPO.
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- October 8 2021
Japan Post stake sale draws line under mis-selling scandal
Revenue at the group's insurance arm has bounced back after a sales ban due to widespread employee misconduct.
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- October 6 2021
Hong Kong insurance density hits new record
Premiums in the city reached HK$78k per person despite 5.5% economic contraction.
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- October 5 2021
China Development Financial to buy 100% of Taiwan’s China Life Insurance
The transaction is expected to close by the end of 2021 following regulatory approval.
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- October 5 2021
Ping An looks to sell New Founder Group’s life insurance arm: report
The insurer acquired its stake in the business arm of Peking University after the latter ran into financial difficulty.
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- October 4 2021
RGA’s premium growth gets Asia boost: AM Best
Higher mortality rates due to Covid-19 have put the global life reinsurer under pressure over the last 18 months.
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- October 4 2021
Hong Kong regulators target premium financing
A joint Insurance Authority and Monetary Authority study calls for improvement around risk disclosure.
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- September 29 2021
Evergrande’s 50% stake in life arm could fetch US$600m — report
Bloomberg analyst warns that over US$2bn is needed to improve Evergrande Life Assurance's solvency ratio beyond 200%.
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- September 27 2021
India should welcome Chinese investment in LIC
Rumoured plans to ban mainland investors from IPO risk turning the deal into a political hot potato.
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- September 24 2021
FWD posts NYSE IPO filing
The Hong Kong-headquartered pan-Asia life player is eyeing a potential US$13bn valuation.
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- September 20 2021
Prudential to raise nearly US$3bn to boost Asia growth
The London-based insurer says it is particularly focused on China, India, Hong Kong, Indonesia and Thailand.
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- September 16 2021
India seeks US$100bn plus valuation for LIC – report
The government is considering selling a 5-10% stake in the life insurance player.
