All articles by Verdict Staff

Verdict Staff

Reliance Life to launch 25 new insurance products

The Reliance Life Insurance Company is set to roll out 25 new insurance plans beginning January 2014, which are designed as per Insurance Regulatory and Development Authority (IRDA)’s new product guidelines.

Old Mutual obtains regulatory approval to acquire majority stake in Faulu Kenya

The Financial Services Board (FSB) of South Africa and the Central Bank of Kenya have granted permission to Old Mutual, for its proposed acquisition of a majority stake in Faulu Kenya.

ASG launches new mobile app for life insurance advisors

Life insurance brokerage agency Agent Support Group (ASG) has rolled out new mobile app, ASG One Click, a new mobile marketing technology for life insurance advisors.

Empire Life rolls out online life insurance application tool

The Empire Life Insurance Company has launched a new online life insurance application with full underwriting to enhance process of applying for affordable insurance coverage.

LifeAgain’s BlueMetric Select term life coverage now available through Life Quotes

LifeAgain Insurance Solutions, a unit of Cardium Therapeutics, is making its BlueMetric Select term life insurance program available through Life Quotes, a direct marketing company.

Maybank’s Etiqa may bid for Indonesian insurer Mega Life

Malaysia’s Malayan Banking (Maybank)’s insurance unit, Etiqa, is planning to submit a proposal to buy stake in Indonesia’s PT Mega Life Asuransi Jiwa.

AXA inks deal to divest Romanian operations

French insurance firm AXA has signed a deal with Astra Asigurari to divest its Life & Savings insurance operations in Romania.

Metlife, AIA in race for Citigroup distribution deal

Five insurance companies including life insurance giants Metlife and AIA have submitted final proposals for the deal to distribute their products through Citigroup in Asia.

FBN Life to buy Oasis Insurance, following SEC’s approval

FBN Life Assurance, a life insurance joint venture (JV) between FBN Holdings of Nigeria and South Africa-based Sanlam Group, is set to buy Oasis Insurance, a general business specialist company, for an undisclosed sum.