Indren Naidoo

Manulife Names Indren Naidoo as Indonesia CEO

Manulife Indonesia has announced the appointment of Indren S. Naidoo as the new Chief Executive Officer in Indonesia. Based in Jakarta, Indren will be responsible for leading the...
Friend Provident

Andrew Wadell Appointed Managing Director for Friends Provident International Singapore

Friends Provident International (“FPI”), part of the Aviva group, announces today the appointment of Andrew Waddell as Managing Director for Singapore with immediate effect...
Chubb Indonesia Tai-Kuan Ly

Chubb Names New Indonesia General Insurance Head

Publicly traded property and casualty insurer Chubb has named Tai-Kuan Ly as its new president director in Indonesia. Ly will head Chubb’s general insurance operation...
PSC Insurance Brokers

PSC Acquires Hiscock Insurance Brokers

PSC Insurance Brokers (ASX:PSI), a national insurance brokerage in Australia, has agreed to acquire Hiscock Insurance Brokers (HIB), a Melbourne-based insurance broking business for...
Manulife Financial

Manulife Financial Corporation Completes Preferred Share Offering

TORONTO – Manulife Financial Corporation (“Manulife”) today announced that it has completed its offering of 16 million Non-cumulative Rate Reset Class 1 Shares Series...
IAG

Insurance News Brief: IAG Sets Up Startup Fund

Insurance Australia Group (IAG) has setup a new fund that will buy stakes in disruptive technology companies, joining major Australian firms in doing so. Details...

New Life Insurers in Bangladesh Report Losses in 2015

The 13 newly licensed life insurance companies in Bangladesh have all reported incurring losses throughout last year due to declining premium income and high...

Japan Allows Insurers to Cover Infertility Treatment

Japan's Financial Services Agency (FSA) is reportedly planning to allow insurance companies to cover infertility treatment in the country as part of the government's...

China Life Insurance Sees 30% Rise in Profit

China's largest insurer, China Life Insurance Co Ltd, just got even bigger after it reported a 30% rise in annual net profit to Rmb32.2bn...

Taiwan Will No Longer Bail Out Troubled Insurance Firms

Taiwan’s Financial Supervisory Commission (FSC) announced that it will no longer bail out troubled insurance companies in the country after it has spent millions...

Asia’s IPMI premiums forecast to increase 15.4% annually

The rise in the number of Asia's high net worth individuals, the aging population of the region's wealthy, and the growing expat population are...

Global Insurance Industry’s M&A Outlook

The global insurance M&A landscape, which saw steady flow of deal activity across many of the core global insurance markets throughout 2014, is expected...

China Unveils Deposit Insurance System Plan

China's central bank, the People's Bank of China (PBOC) on Sunday announced draft rules for a long-awaited insurance scheme for bank deposits, in order...