insurance industry
The Latest
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Generali To Acquire Axa's Malaysian P&C And Life Insurance Joint Ventures
Generali Group will acquire controlling stakes in Axa's joint venture companies, AXA Affin General Insurance and AXA Affin Life Insurance. Generali Group will acquire controlling stakes in Axa's joint venture companies, AXA Affin General Insurance and AXA Affin Life Insurance. -
AIA Group, China Strategic Shortlisted Bidders For Bank of East Asia Life
BEA's stock increased by around 3.6% Tuesday, while AIA Group's stock dropped by as much as 1% during the same day. BEA's stock increased by around 3.6% Tuesday, while AIA Group's stock dropped by as much as 1% during the same day. -
Ping An Insurance Sets Aside $1.7 Billion As Annual Tech Budget For 2020
China's largest insurance firm by market capitalization plans to boost cross-selling between its health care and financial tech platforms. China's largest insurance firm by market capitalization plans to boost cross-selling between its health care and financial tech platforms. -
AXA To Invest HK$220 Million To Boost Digital Strategy In Hong Kong
AXA is planning to invest up to HK$220 million in developing its data analytics and artificial intelligence capabilities in Hong Kong to enhance its products and services. AXA is planning to invest up to HK$220 million in developing its data analytics and artificial intelligence capabilities in Hong Kong to enhance its products and services. -
Allianz Becomes China's First Fully Foreign-Owned Insurance Holdings Firm
The approval to operate officially makes Allianz China's first fully foreign-owned insurance holdings company. The approval to operate officially makes Allianz China's first fully foreign-owned insurance holdings company. -
China Pacific In Talks To Acquire $2 Billion Stake In Swiss Re
China Pacific is reportedly mulling over buying a $2 billion stake in Swiss Re and in return, the Swiss reinsurer will be buying a minority stake in the Chinese firm. China Pacific is reportedly mulling over buying a $2 billion stake in Swiss Re and in return, the Swiss reinsurer will be buying a minority stake in the Chinese firm. -
AXA Set To Purchase Entire Stake Of Chinese Joint Venture
Paris-based insurer AXA is set to fully purchase its Chinese joint venture, AXA Tianping, through a $642 million deal. Paris-based insurer AXA is set to fully purchase its Chinese joint venture, AXA Tianping, through a $642 million deal. -
HSBC’s Deliberations To Buy Into Aviva’s Asian Business In Early Stages
HSBC acquiring Aviva’s Asian Operations would be the turnaround the company needs after appointing a new head. HSBC acquiring Aviva’s Asian Operations would be the turnaround the company needs after appointing a new head. -
Tencent-Backed InsurTech Waterdrop Raises $145 Million In Latest Funding Round
The company's series C funding round, led by private equity firm Boyu Capital, gained Waterdrop over $145 million in new capital. The company's series C funding round, led by private equity firm Boyu Capital, gained Waterdrop over $145 million in new capital. -
China’s Proposed Deposit Insurance Agency Could Help Limit Depositors’ Losses
A proposed deposit insurance agency could help maintain stability in China's financial services sector. A proposed deposit insurance agency could help maintain stability in China's financial services sector.