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Insurance
Genworth Financial and China Oceanwide Holdings have agreed to terminate their previously announced merger agreement and extended the previous deadline of November 30 to April 1, 2018, allowing for additional time for regulatory reviews of the transaction. 30 November 2017
Insurance
Sompo Holdings plans to enter the cyber security business from January 2018, and is setting up new business units to strengthen its functions. 29 November 2017
Insurance
Re/insurer QBE Australia and New Zealand has appointed Craig Mauger to the position of regional manager, Northern Region Broker Distribution. 29 November 2017
Insurance
Against a backdrop of low growth and lower interest rates in the US and European economies, insurers are looking overseas to Asia and in particular Hong Kong at M&A strategies to grow revenues and tap new technologies. 28 November 2017
Insurance
Chubb has entered into a strategic cooperation long-term agreement with PICC Property & Casualty Company of China. 27 November 2017
Insurance
Allianz Global Corporate & Specialty (AGCS) is targeting further growth in Asia by expanding its presence in China and Indonesia, seeking to capitalize on opportunities from the growing insurance markets. 23 November 2017
Insurance
Swiss Re Corporate Solutions has appointed Didier Bélot as the head of South East Asia, based in Singapore. 23 November 2017
Insurance
Delta Insurance Singapore, a cyber, technology and financial lines Lloyd’s coverholder in Singapore, has launched an online financial lines insurance platform. 23 November 2017
Insurance
Fitch Ratings has upgraded life insurer AIA Group Limited's Long-Term Issuer Default Rating (IDR) to 'AA-' from 'A+' and affirmed the Insurer Financial Strength Ratings of AIA Company Limited and AIA International Limited at 'AA'. 23 November 2017
Insurance
Hurricanes in North America have reduced Sompo’s consolidated net profit to ￥1.9 billion ($20 million) in the six months ended Sept. 30 (first half of Sompo’s financial year) compared to ￥43.4 billion in the same period a year ago. 20 November 2017
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