Tags Insurance

Tag: Insurance

Generali Asia Completes 49% Acquisition of Malaysian Insurer

MALAYSIA - Pursuant to the agreement signed on 18 December 2014, Generali completed the acquisition of a 49 percent stake in Multi-Purpose Insurans Berhad...

State-Owned China Taiping Seeks USD1.74 Billion in Private Share Sale

HONG KONG - Chinese state-owned financial and insurance group China Taiping Insurance said in a securities filing that it plans to raise HKD13.48bn (USD1.74bn)...

U for Life, Malaysia’s First Internet Insurance Platform, Launched

MALAYSIA – U for Life, Malaysia’s first Internet insurance platform, has been launched to provide Malaysians an easy access to life insurance products online. U...

Australia’s Honan Insurance Acquires Singapore’s MACS Insurance Brokers

SINGAPORE – Honan Insurance Group, an Australian based insurance and financial services broker with a strong presence in the Asia Pacific region, has acquired...

Regulator Sets New Policy For Philippine Banks That Want To Sell Insurance

MANILA, PHILIPPINES - The Insurance Commission (IC) of the Philippines now requires banks that intend to sell insurance products to first secure bancassurance agreement...

Aspen Re names Australia, Asia-Pacific Senior Underwriters

AUSTRALIA - Aspen Re is further boosting its presence in the Asia-Pacific region by poaching two senior executives from competitors. The reinsurance unit of Aspen...
Marriott

Vietnam’s Life Insurance Premium Grows 25 Percent in Jan-Feb Period

VIETNAM – The Insurance Supervisory Authority (ISA) of Vietnam has released data showing the country's total life insurance premiums growing by 25 percent in...

Hanwha Life of Korea To Double Number Of Financial Consultants in Indonesia

JAKARTA, INDONESIA – South Korea’s first life insurance company, Hanwha Life Insurance, is seeking to hire 650 new financial consultants in Indonesia within this...

Jack Howell Named Generali’s New Asia Manager

Italian insurance Assicurazioni Generali has appointed Jack Howell as its new regional officer of Asia, further boosting the Italian insurance group's international management team. Howell...

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...