Sale of SCB insurance unit to FWD haltedJuly 7 2017 by InsuranceAsia News Staff
- February 23
Asia Pacific's operating profit rose 18% primarily due to growth in life business, while higher commission rate linked to its travel business sales weighed on P&C combined ratio.
- February 7
The committee has also proposed a reduction in goods and service tax rates from the current level of 18% for health and term products.
- January 18
Tokio Marine & Nichido Fire Insurance has agreed to sell its remaining stake of Arabian Shield Cooperative Insurance to Alinma Bank.
- January 12
Xiao was arrested on suspicion of taking bribes after China's top anti-graft watchdogs found 'severe violations of discipline and law' on his part.