Life Insurance
Insurance proved its resilience throughout the crisis and is set for growth
Swiss Re’s economists predict that insurance and reinsurance will continue their recoveries in 2010, based on the assumption of a “U-shaped” recovery. Balance sheets...
Aviva France organises 24-hour relay race to support 2009 Telethon
Aviva, a major player in life insurance and long-term savings, asset management and non-life insurance, invites its employees and neighbours to take part in...
ING closes sale of Australian and New Zealand Insurance business
ING announced today that it has closed the sale of its life insurance and wealth management venture in Australia and New Zealand to ANZ,...
Focused consultancy brings business to life
Despite of the loss of confidence in banks and the investment sector, the competitive environment in life insurance has not relaxed. Uncertainties regarding the...
Hong Kong firm China Strategic says still bidding for Taiwan AIG unit
Hong Kong-listed China Strategic said Thursday its application to buy American International Group's Taiwan unit, Nan Shan Life, had been "returned, not rejected" by...
Samsung Life aiming for 2010 IPO
Samsung Life, South Korea's largest life insurer, said it was aiming to go public in the first half of next year and planning to...
Chinatrust Financial to acquire 30 per cent of Nan Shan
Chinatrust Financial Holding Company said Tuesday it plans to buy a 30 percent stake in Taiwan's Nan Shan Life Insurance Co. for 660 million...
Australia’s AMP to start partnership with China Life
Australian insurer AMP on Sunday said it planned to partner the world's biggest listed life insurer China Life in pensions and fund management, as...
Dutch bancassurer ING to sell its global insurance unit by the end of 2013
Dutch bancassurer ING Groep must sell its global insurance unit by the end of 2013, the consequence of its 10 billion euro ($15 billion)...
British woman convicted of insurance fraud for faking his death to repay £600,000 pounds
A British woman convicted of insurance fraud with her husband for faking his death in a canoe accident has offered to repay nearly 600,000...
Allianz Insurance reports growths in profits and premiums with an operating profit of €1.9 billion
Allianz unveiled forecast-beating quarterly earnings on the back of strong performances in life insurance and asset management, boosting its shares by more than 5.5...
Allianz & HSBC Insurance Setting an example with green reinstatement
Allianz and HSBC Insurance as global players share an interest: sustainability is a priority for both companies and they are keen to ensure their...
Aviva reports sales drop with £27 billion worldwide sales
British insurance giant Aviva on Wednesday reported an 11-percent drop in worldwide sales during the first nine months of the year but claimed the...
Swiss Re returns strong profit in third quarter and announced 1,000 jobs cuts
Swiss Re, one of the world's biggest reinsurers, on Tuesday returned to strong profit in the third quarter, cautiously turning its back on losses...
Association of British Insurers launches new fund sector
Following an extensive consultation, the ABI has today launched a new investment fund sector, the Deposit & Treasury sector. The new sector contains...
Employers and workers failing to maximise the value of company-provided life assurance
Nine out of ten businesses offer life assurance as part of their benefits package, yet over half of workers don’t think it is provided...
Aon Benfield strengthens Benelux division with key appointments
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, today announces three new appointments to its growing Benelux division.
Hans Groot has joined the...
AXA will sell $1 billion stake in China’s Taikang Life Insurance
French insurer AXA is in the early stages of selling its 15 percent stake in China's Taikang Life Insurance Company, in a deal that...
Tata AIG Life appoints Saravana Kumar Ananthan as CIO
Tata AIG Life Insurance Company, on Wednesday announced the appointment of Mr Saravana Kumar Ananthan as Chief Investment Officer (CIO) of the company.
Prior to...
ABI urges European Commission to be more ‘consumers’ focused
The European Commission should make sure that investment saving products across the EU are uniformly regulated, says the ABI. Any new rules should prioritise...
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