All articles by Verdict Staff

US start-up health insurer Oscar hires Joel Klein

New York start-up health insurer, Oscar, has recruited Joel Klein as its chief policy and strategy officer.

Manulife expands healthy behaviour rewards initiative in Hong Kong

Manulife has expanded its ManulifeMOVE programme – that rewards customers with discounted premiums for living more actively – for consumers in Hong Kong.

DBS, Manulife ink 15-year regional life bancassurance agreement

DBS Bank and Manulife Financial Asia have formally launched their 15-year regional distribution agreement covering Hong Kong, Singapore, China and Indonesia.

LII 313-314, November / December 2015

Allianz acquires 51% stake in PNB Life in Philippines

Allianz, a Germany-based financial services company, has acquired a 51% stake in PNB Life Insurance from the owner Philippine National Bank (PNB).

IDBI Bank considers divesting 20% stake in life insurance JV

IDBI Bank is reportedly considering offloading a 20% stake in its life insurance JV for INR8bn ($120.63m) to its partner and insurance company Ageas.

Zurich names new CEO Global Life

Zurich Insurance Group (Zurich) has named Gary Shaughnessy as the new CEO Global Life and a member of the Group Executive Committee.

AIG launches new guaranteed universal life insurance policy

American International Group (AIG) has unveiled universal life insurance policy known as Secure Lifetime GUL 3.

AIA to increase stake to 49% in Tata AIA life insurance JV

AIA Group (AIA) has inked an agreement with Tata Sons to purchase an additional 23% stake in its joint venture (JV) Tata-AIA Life Insurance Company.

LII 312, October 2015