asia
Italy’s Generali could be interested in AIA ‘pieces’: report
Italian insurer Generali could be interested in "pieces" of AIG's Asian unit AIA after British insurer Prudential abandoned its ambitious takeover plan, daily Corriere...
Prudential chairman says no heads will roll over AIA
Prudential chairman Harvey McGrath said in an interview on Friday that no heads would roll at the British insurer after it abandoned an ambitious...
Prudential pulls out of bid for Asian insurer AIA
British insurer Prudential said Wednesday it was withdrawing from a bid to buy AIA, the Asian arm of AIG, after the US group refused...
AIG refuses to change conditions of AIA sale to Prudential
US insurer AIG said Tuesday it had refused to modify the conditions for the sale of its AIA Asian unit to British rival Prudential,...
Prudential chairman defends AIA mega-deal
Prudential chairman Harvey McGrath Tuesday defended a planned takeover of Asian insurer AIA as the British company's shares started trading in Hong Kong and...
China backs insurer Ping An’s acquisition plan
Chinese regulators have approved a plan by Shenzhen-based powerhouse Ping An Insurance to buy a stake in Shenzhen Development Bank from US private equity...
Prudential eyes Asia’s coming insurance boom
Asia's insurance industry is set to boom thanks to rising incomes, a growing middle class and ageing populations, explaining the allure behind Prudential's costly...
AXA becomes a founding member of ECCLAR
In September 2009, as a founding member, AXA joined the ambitious Euro-China Center for Leadership and Responsibility (ECCLAR) program.
Developed within the China Europe...
HSBC says ups stake in Vietnam’s leading insurance group: Bao Viet
Global banking giant HSBC said Thursday it had increased its holding in Bao Viet, Vietnam's leading insurance and financial services group.
"HSBC has signed an...
Prudential to study a possible IPO in Hong Kong or Shanghai
Prudential is studying a possible public offering in Hong Kong or Shanghai, becoming the latest multinational interested in listing in the fast-growing region, media...
AIG reports $1.4 billion loss net of tax on Nan Shan sale
AIG $2.15 billion sale of its Taiwan life insurance unitwill result in a loss of around $1.4 billion net of taxes that the company...
ING to sell Asian Private Banking business to OCBC
ING announced today that it has reached an agreement to sell its Asian Private Banking business to Oversea-Chinese Banking Corporation Limited (OCBC Bank) for...
Hannover Re strengthens its presence in China
Hannover Re has received approval to open a branch in Shanghai for non-life reinsurance. Since May 2008 it has had a branch there writing...
Hong Kong’s Primus Financial wins AIG Taiwan unit for $2.2 billion
Hong Kong's Primus Financial has won the bidding for AIG's Taiwan insurance unit Nan Shan Life at $2.2 billion, a local newspaper...
China Insurance Regulatory Commission’s again ranks Aon-COFCO as five-star global broker in China
Aon-COFCO today announced that for the second year in a row, it has received the top five-star rating in the China Insurance Regulatory Commission's...
Zurich urges businesses and policymakers in Asia to focus on environmental and health risks
At the start of the World Economic Forum’s Annual Meeting of the New Champions in Dalian, Zurich Financial Services Group is warning that environmental...
Loh Guat Lan appointed as New Chief Executive Officer of Hong Leong Assurance (HLA)
Hong Leong Assurance (HLA) has appointed Loh Guat Lan as its chief executive officer, replacing Charlie Oropeza. Loh was previously the chief operating officer...
GENERALI Group enters Vietnam
Sergio Balbinot: “Vietnam is strategic in order to strengthen Generali in a region with high growth potential”
Generali announces it has been granted a license...
AIG to announce the buyer of its Taiwan Nan Shan Life unit
AIG will likely now announce the buyer of its Taiwan Nan Shan Life unit at the end of September instead of on Friday, a...
Aegon sold its Taiwanese life insurance business to Zhongwei for €65m
AEGON has completed the sale of its Taiwanese life insurance business to Zhongwei Company*.
The entering by the parties into an agreement for the sale...
Prev
