Line of business: Life Page 9 / 53
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- June 22 2021
China Re’s Hong Kong unit ‘strategic’ to wider group
AM Best upgrade comes after a US$258m capital injection from China Re Life.
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- June 21 2021
Indian insurtech RenewBuy raises US$45m
The Series C round was led by the UK-based private equity firm Apis Partners.
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- June 18 2021
Bangladesh pushes for more insurers to go public–report
Local insurance companies have been granted exemptions from certain IPO rules.
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- June 17 2021
FWD files IPO registration in US
Report suggests the Hong Kong-headquartered insurer could raise up to US$3bn by end of 2021.
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- June 17 2021
MAS reprimands AIA, Aviva and Prudential for regulatory breaches
The SG regulator cited numerous failings around risk management and remuneration.
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- June 14 2021
Nat Re underwriting profits rise on lower non-life losses
AM Best report notes the reinsurer maintains a moderate dependence on retrocession.
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- June 11 2021
MLC Life taps QBE vet to head insurance claims down under
Andrew Beevors to become chief claims officer effective August 16.
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- June 10 2021
Munich Re promotes William Man to HK, Taiwan life general manager
The chief actuary will combine his previous role with underwriting and business development.
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- June 10 2021
CPIC close to setting-up Hong Kong life arm—sources
IAN understands Simon Lam has joined from Munich Re to aid the launch.
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- June 8 2021
CBA close to selling domestic P&C business–report
AFR report says IAG and Allianz are the frontrunners in the bidding for CommInsure.
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- June 8 2021
Qianhai Re appoints Weishu Fan as CEO
The former head of Munich Re’s Beijing branch has also worked for Zurich and Swiss Re.
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- June 3 2021
Taiwan green-lights Taishin’s Prudential Life acquisition: report
The FSC has imposed conditions including retaining all of the insurer's existing employees.
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- June 3 2021
Japan’s life giants set for rebound after robust FY 2020 profits
Stable mortality margins helped Dai-ichi Life, Meiji Yasuda Life, Nippon Life and Sumitomo Life.
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- May 31 2021
Swiss Re sells off remaining New China Life stake: report
Last week's sale brings to an end an eight-year investment relationship.
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- May 28 2021
HKIA extends temporary facilitative measures to September 30
The exemption allows for the distribution of certain products via digital channels, telemarketing, post or video conferencing.
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- May 25 2021
Aviva Singlife poaches DBS veteran as CEO
Pearlyn Phau joins the Singapore life player as executive director and group chief executive.
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- May 17 2021
HKIA designates AIA, Prudential, FWD under GWS framework
Hong Kong joins Australia, Bermuda, Singapore and the UK by enacting group-wide oversight.
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- May 14 2021
Prudential sees new Q1 business profits rise 21%
The increase comes despite lower sales in Hong Kong and the impact of pandemic-related disruptions.
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- May 12 2021
Prudential Financial’s Japan unit blunted Covid-19 impact: Fitch
After several sales of Asian assets in the last 18 months, Japan is set to grow in importance.
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- May 3 2021
South Korea’s insurers feel the Covid pinch overseas
Non-life operations in China, Indonesia and Vietnam the main international focus of local players.
