All articles by Verdict Staff

AXA increases stake in its life insurance JV in India

French insurer AXA Group has increased its stake from 26% to 49% in its life and general insurance joint-ventures (JVs) in India, Bharti AXA Life Insurance Co and Bharti AXA General Insurance Co.

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Canara HSBC OBC Life Insurance unveils new policy

Canara HSBC Oriental Bank of Commerce Life Insurance Company has introduced a new life insurance plan, designed to secure the children’s future financial needs.

VitalityLife’s innovative approach pays off

Deepak Jobanputra, deputy CEO of UK life insurer VitalityLife, tells Ronan McCaughey about its approach to innovation and why for a business to be successful in the current environment, there has to be shared value. He also shares his thoughts on wearable technology and the importance of understanding the issues consumers and brokers face in order to be successful

Swiss Re: Advanced markets set for life insurance growth

In-force real premium income for life insurance in advanced markets is forecast to rise by 2.4% and 2.6% in 2016 and 2017 respectively, up from about 2% this year, says Swiss Re’s Global insurance review 2015 and outlook 2016/17.

Evergrande acquires 50% stake in life insurer GELC for $617m

Evergrande Real Estate Group, a China-based real estate developer, has purchased a 50% stake in a life insurance company GELC, for RMB3.9bn ($610m), as it looks to diversify into insurance business amid slowing property market in the country.

CTBC considers purchasing stake in ABC Life Insurance

Taiwan-based CTBC Financial Holding is mulling to buy a 19.99% stake in ABC Life Insurance in a transaction valued at TWD8.5bn ($258.8m).

AIG Life unveils care cover with whole-of-life insurance

AIG Life has launched a whole-of-life insurance offering designed to protect customers’ assets should they no longer be able to live independently or leave a financial legacy to loved ones when they die.

Manulife Singapore makes two senior appointments

Manulife Singapore has made two senior appointments by naming Neil Bowyer as chief bancassurance officer and appointing Arijit Chakraborty as its chief legal and compliance officer.

John Hancock to buy assets of Transamerica broker dealer unit

John Hancock Financial Network (JHFN), a retail distribution company of John Hancock Life Insurance, has inked an agreement to purchase certain assets of St. Petersburg, Florida-based Transamerica Financial Advisors (TFA).