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....
Tag : insurance
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...
Philip Morris’ insurance arm carves a new market: Japan’s vapers
Philip Morris’ iQOS, a tobacco heating system dominates the Japanese market with a market share of around 70 percent...
Kenya insurtech Turaco raises $1.2 mn to upgrade operations
Investors that took part in the funding round include Gan Ventures, Mercy Corps Ventures and Musha Ventures...
Chubb first property insurer to invest in Africa Trade Insurance
Chubb, which is the world’s biggest property insurer, will invest $10 mn in African Trade Insurance Agency...
Swiss Re to sell insurance subsidiary to Phoenix for £3.25 bn
The acquisition of ReAssure will enable Phoenix to firm up its European presence as the largest insurance provider...