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CompaniesAIA Group Limited
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Malaysia Regulator: Bancatakaful Has Strong Growth Prospects
Alliance Bank Malaysia Bhd. in January, after receiving a family takaful license from BNM (BestWire, Jan. 28, 2011). The commencement of AIA AFG Takaful Bhd., being the second ...
Source: BestWire Date: February 9, 2011
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AIA Launches Takaful Bancassurance Joint Venture in Malaysia
American International Assurance Bhd. launched a takaful joint venture in Kuala Lumpur, AIA AFG Takaful Bhd., which the insurer confirmed is developing "the first takaful ...
Source: BestWire Date: January 28, 2011
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Reinsurance Business Prospects Abound in Asia
South Korea and Southeast Asia at Munich Re. Greater China is one of the main growth markets for Munich Re. In the region, many insurers look for not only capacity but also ...
Source: BestWire Date: January 18, 2011
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Asia's 2011 Reinsurance Market Promises Intensifying Competition
Aon Benfield Asia Pacific. Reinsurance prospects are optimistic in emerging markets like China and India. China's reinsurance business is projected to post an annual growth rate of ...
Source: BestWire Date: January 11, 2011
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AIA Appoints Human Resources Chief
Hong Kong for six years before joining Axa. AIA, which as total assets of US$90 billion, has more than 300,000 agents and 24,000 employees across 15 markets in the Asia/Pacific ...
Source: BestWire Date: January 4, 2011
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AIA Group Divides Roles of Top Management
Group will split the top two positions in its management in 2011. The group's current executive chairman and chief executive, Mark Tucker will become president and group CEO, and ...
Source: BestWire Date: December 22, 2010
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ING Sells 5% Stake in Taiwan's Fubon Financial
Raymond Vermeulen, an ING spokesman. He added ING is unable to disclose how many investors were involved and who they are. He said the transaction price is "in line with the stock ...
Source: BestWire Date: December 9, 2010
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Industry Analyst: Tibet Shows Promising Insurance Growth
The region has total area of 1.2 million square kilometer, with a population of 2.9 million. Total gross domestic product of Tibet in 2008 was 39.49 billion yuan (US$5.95 billion), ...
Source: BestWire Date: December 7, 2010
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AIA Hires Former Alico Executive to Lead Marketing Business
...Life International, previously Alico. Based in Hong Kong, Groves will take charge of AIA's marketing functions including strategy and planning, product management, branding, ...
Source: BestWire Date: December 3, 2010
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Great Eastern Names Former AIA Executive CEO
Wei worked at ING Canada Inc. and Allstate Insurance Company of Canada and gained experiences in risk management. He also developed strategies for the companies. "Wei has ...
Source: BestWire Date: November 29, 2010
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China's Regulator Lifts Liquidity Requirements for AIA Group
American International Group Inc. The company said China's regulator also required those branches and sub-branches of AIA to enhance capital stability to "prevent the flow of their ...
Source: BestWire Date: November 23, 2010
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China's Ping An Appoints New President and Senior Management
Ping An in a statement. Cheung has tendered his resignation as president of the company citing personal reasons. His term will end on March 18, 2011. He will continue as a director ...
Source: BestWire Date: November 22, 2010
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AIA Stock Added to Nine Global Market Indices
Following its recent Hong Kong-listing, AIA Group Ltd., the Asia life insurance operation of American International Group Inc., has been added to several international market ...
Source: BestWire Date: November 11, 2010
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Meiji Yasuda Invests in Indonesian Life Insurer Avrist
Meiji Yasuda Life Insurance Co. Ltd. has invested 100 billion rupiah (US$11.2 million) in Indonesian life insurance company, PT Avrist Assurance, as part of the mutual life ...
Source: BestWire Date: November 9, 2010
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AIA Raises Record HK$138.33 Billion Through Hong Kong IPO
Hong Kong public offer was 9.62 times subscribed. Trading on the main board of the Hong Kong Stock Exchange is scheduled to begin Oct. 29. Institutional subscribers of AIA's common ...
Source: BestWire Date: October 28, 2010
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