All articles by Verdict Staff

Verdict Staff

Wearable technology: tailor-made for health insurers

Wearable technology appears set to boom among consumers in 2015 and beyond –presenting both huge commercial opportunities, but also reputational and anti-selection challenges for life and health insurers globally.

AEGON Religare Life unveils two online plans

Aegon Religare Life Insurance has launched a unit-linked insurance product (Ulip) and a return-of-premium term product – exclusively on the online platform.

Ageas sells Ageas Protect to AIG for £197m

Ageas has completed the sale of its 100% shareholding in Ageas Protect, its UK life protection company, to AIG for £197m.

Kotak Life Insurance rolls out new online pure protection plan

Kotak Mahindra Old Mutual Life Insurance (Kotak Life Insurance) has released its new policy known as Kotak Preferred e-Term Plan, an online pure protection plan.

Aviva Life Insurance names new CEO for India operations

Global insurer Aviva Life Insurance has named Trevor Bull as the new CEO and managing director for its operations in India.

RHB Capital inks new bancassurance agreement with Tokio Marine Life Insurance

RHB Bank, a unit of Malaysia-based RHB Capital has signed a new bancassurance agreement with Tokio Marine Life Insurance Malaysia, for a period of 10 years.

John Hancock agrees to buy New York Life’s RPS operations

Manulife Financial’s US division John Hancock Financial has struck a deal with New York Life Insurance to purchase its Retirement Plan Services (RPS) business for an undisclosed sum.

Brown & Brown acquires certain assets of Global Benefit Strategies

Brown & Brown Metro, a subsidiary of insurance and reinsurance products and services provider Brown & Brown, has purchased certain assets of Global Benefit Strategies.

Fitch: stable outlook for Peru’s insurance sector in 2015

The rating outlook for the Peruvian insurance sector remains stable, according to data from Fitch Ratings.

Pacific Life Re inks new longevity reinsurance agreements with Rothesay Life

Pacific Life Re has inked a series of reinsurance agreements with Rothesay Life covering pension liabilities in excess of £1bn.