Fosun considers buying Swiss Re US life insurance business
Fosun International is engaged in talks to purchase Swiss Re's US life insurance business Aurora National Life Assurance, as part…
ByMonth: August 2014
CNinsure secures court approval to settle class action lawsuit
China-based CNinsure has received final approval from the US District Court for the Southern District of New York to settle…
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RGA agrees to acquire Voya’s $104bn insurance portfolio
Reinsurance Group of America (RGA) has signed a deal with Voya Financial to reinsure about $104bn of in-force life insurance.
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Legal & General to quit ABI insurance trade body
Legal & General Group (L&G) has decided to quit its membership from the Association of British Insurers (ABI) by 2014…
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Maybank’s Etiqa enters into Singapore’s life insurance market
Malaysia-based Maybank Group has forayed into Singapore with the launch of its insurance business division Etiqa Insurance.
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Philippines central bank allows banks to sell life insurance, ULIPs
The Bangko Sentral ng Pilipinas, the central bank of Philippines, has permitted banks to sell life insurance policies as part…
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Tata AIG General Insurance introduces three new health insurance plans
India-based Tata AIG General Insurance Company has introduced three new health insurance policies namely MediPlus, MediSenior and MediRaksha.
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FCA imposes £8.4m penalty against Stonebridge for mis-selling accident insurance products
The UK Financial Conduct Authority (FCA) has fined Stonebridge International Insurance (Stonebridge) £8,373,600 for mis-selling accident insurance products to customers.
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