Great Eastern, Generali become potential bidders for Axa-Affin
The first round of bidding is expected to be wrapped up by the end of next month...
Tag : insurance
American insurance firms invest RM31 bn in Malaysia
36% of the investments went into government bonds, 19% into infrastructure, and 7% into stocks...
Axa explores sale of its Middle East operations
The insurance firm is working with HSBC on its strategic sell off plan...
Egypt’s Misr Insurance targets 10% growth by June 2020
Chairperson Basel El Hini revealed that the company’s profits reached a record high of E£4 bn in 2019...
Political turmoil takes its toll on Hong Kong’s life insurance sector
Last November, the tourist footfalls from the Chinese mainland fell by 60 percent year-on-year....
Eastspring sharpens Asia focus with a $500 bn AUM target by 2024
The investment giant’s recent acquisitions has established its presence in more than ten Asian markets...
Five firms in the fray to acquire Prudential Life Korea
Taiwan’s Fubon Financial Holdings is the sole foreign bidder while the remaining four are local financial firms...
Malaysia’s medical insurance premiums to rise up to 30% in 2020
Rapid increase in medical costs coupled with technological advancements have forced insurance companies to hike prices...
Vietnam predicts over 18 percent insurance sector growth in 2020
At less than 1% of GDP, Vietnam has among the world's least life insurance penetration levels...
Saudi bans combined insurance, reinsurance businesses
The decision will further prevent ‘wrong practices’ in the industry...