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Japan and Australia Enter a New Phase of Longevity Innovation
Marine Nichido Financial Life and Manulife Life. The financial crisis prompted the withdrawal of insurers including Hartford Life and ING Life from Japan's variable annuity market ...
Source: BestWire Date: November 2, 2010
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AIG's Departure Creates New Challenges in Japan's Life Market
American International Group Inc.'s divestiture of its life insurance businesses will reorder the market for foreign insurers in Japan, where AIG had built up a substantial ...
Source: BestWire Date: October 12, 2010
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Insurers Warn of European Pension Crisis
Andrea Moneta, chief executive of Aviva EMEA, said the 1.9 trillion euro pension gap applies to European Union residents set to retire between 2011 and 2051. "The extent of the ...
Source: BestWire Date: September 27, 2010
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Regulatory Problems May Make Ireland's Quinn a Takeover Target
Quinn Life, which is a separate entity." Equity analyst Bernstein Research in London said a decision to put Quinn Insurance into full administration could trigger takeover interest ...
Source: BestWire Date: April 15, 2010
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Thailand's Ayudhya to Acquire BT Insurance
Swiss Re's world insurance sigma report. The country's insurance penetration (premiums as percentage of gross domestic product), was 3.3%, including 1.5% for nonlife insurance and ...
Source: BestWire Date: March 18, 2010
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Allianz Accelerates China Growth With New Subsidiary License
... Guangdong province, in 2003. It provides property, liability, marine, engineering and domestic credit insurance, as well as short-term health insurance and accident insurance for ...
Source: BestWire Date: February 2, 2010
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Allianz Bullish on India's Insurance Market for 2010
India while keeping to prudent underwriting and cost control in 2010. The company said is implementing a target operating model in India, which aims to provide better service by ...
Source: BestWire Date: January 20, 2010
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Allianz Joint Venture Expands Into China's Zhejiang Province
Allianz and China's CITIC Trust & Investment Co. Ltd. late last year. Christian Molt, Allianz China Life's chief executive officer, said the move to Zhejiang makes sense because ...
Source: BestWire Date: March 24, 2006
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