All articles by Verdict Staff
Verdict Staff
Asias strong fundamentals
Opportunities abound for life insurers in Asia. By Jeffrey Liew, senior director, head of insurance (Asia-Pacific) at Fitch Ratings
NAB hires Deloitte to facilitate sale of life insurance business
National Australia Bank (NAB) has reportedly hired Deloitte to gather more detailed financial information about its $1.4bn life insurance business, in order to divest the business.
MetLife concludes integration of US life insurance subsidiaries
MetLife has concluded the merger of its life insurance subsidiaries to establish a new entity, known as MetLife Insurance Company USA.
5Star Life chooses Apptical for tele-underwriting services
5Star Life Insurance Company (5Star Life) has chosen Apptical to serve as a vendor of choice for tele-underwriting services for its final expense product, Silver Premier Choice.
Anthem buys stake in Life Insurance Buyers
Anthem Management has bought a certain stake in Kansas-based Life Insurance Buyers (LIB) for an undisclosed sum.
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AIG releases new variable annuity Polaris Select Investor
American International Group (AIG) has released Polaris Select Investor, a new variable annuity designed to provide clients a deep and broad investment platform for their long-term investment accumulation needs.
Discovery acquires remaining 25% stake of Prudential Health Holdings
South-African headquartered Discovery has acquired the remaining 25% stake in the holding company that owns PruHealth and PruProtect.
MetLife launches new innovation centre to strengthen foothold in Asia
Global insurance major MetLife launched a new innovation centre called ‘futureLab’ in Singapore to drive new business models and capabilities for strengthening its position in the Asian market.
Indonesia’s new law to reshape Islamic insurance market
A new law introduced by Indonesia is expected to change the scope of country’s insurance market in the next one decade.
AMP to invest $211m for stake in China Life Pension Company
Independent wealth management company AMP has agreed to invest A$240m ($211m) for acquiring a 19.99% stake in China’s major pension firm ‘China Life Pension Company’.