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AIA Group Limited
  
81 through 100 of 187 matching documents, newest pages first.   Sort by relevance

FSA Fines UK's Prudential 30 Million Pounds; Censures Group Chief Executive Over Attempted Acquisition of AIA
Prudential plc and its subsidiary, Prudential Assurance Co. Ltd., have agreed to settle with the U.K. Financial Services Authority by paying a fine of 30 million pounds (US$45.5 ...
Source: BestWire   Date: March 27, 2013
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Alliance Bank Malaysia to Sell 30% Stake in Takaful Joint Venture
News Service, July 12, 2011). Four new family takaful joint ventures were granted licenses in Malaysia in late 2011. Those joint ventures were led by ING Groep NV, Great Eastern ...
Source: BestWire   Date: March 13, 2013
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Thai Re: Thailand's Life Market Remains Segregated as Bancassurance Growth Outpaces Agencies
... Tapping into bancassurance growth potential, U.K.-based Prudential plc acquired Thailand's Thanachart Life Assurance Co. Ltd. for 358 million pounds (US $541.6 million) in cash ...
Source: BestWire   Date: March 13, 2013
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AIA Raises US$1 Billion From Notes Offering to Finance Malaysia Acquisition
Financial Officer Garth Jones in a statement. He added the reception demonstrates AIA's market-leading position in the Asia-Pacific region, and its strong financial position, ...
Source: BestWire   Date: March 6, 2013
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AIA Affirms Asia-wide Growth Strategy Following 89% Rise in 2012 Profit
AIA Group Ltd. said it will continue to push a regionwide growth strategy after reporting significant gains in investment return and new business growth that led to an 89% rise in ...
Source: BestWire   Date: February 27, 2013
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Thailand’s Life Insurers Maneuver for Growth Amid Regulatory and Economic Changes
Office of Insurance Commission. As of the third quarter of 2012, life insurers on average had a CAR of 420%. The risk-based capital regime has been implemented in phases, requiring ...
Source: BestWire   Date: February 27, 2013
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ING Continues Asia Retreat With Sale of India Joint Venture Stake
Vysya Life Insurance Co. Ltd. to its joint venture partner Exide Industries Ltd., a move it said is part of the previously announced intended divestment of ING's Asian insurance ...
Source: BestWire   Date: January 23, 2013
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Sun Life, Khazanah Nasional Jointly Acquire Malaysia's CIMB Aviva for US$598 Million
Sun Life Financial Asia, in a statement. "The combination of Sun Life's global insurance experience, Khazanah's strategic and financial expertise as an investor in the region, and ...
Source: BestWire   Date: January 18, 2013
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AIA China Hires Former China Life Chief Actuary
China Life Insurance Co., as the financial head of its Shanghai branch, according to China's insurance regulator. Shao leaves the largest domestic life insurer to join the largest ...
Source: BestWire   Date: January 18, 2013
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ING Completes Sale of Malaysian Insurance Businesses to AIA Group
Hong Kong-based Asian life insurer AIA Group Ltd. with a net after-tax gain of around 750 million euros (US$987 million). The Dutch financial services group noted the sale includes ...
Source: BestWire   Date: December 18, 2012
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Towers Watson Sees Growing Bancassurance Interest in Southeast Asia
...Bancassurance is like the marriage with a partner...both banks and insurers need to select their partners appropriately," he said. In a report citing the World Bank, Towers Watson ...
Source: BestWire   Date: December 5, 2012
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AIA: Appointments to Boost Expansion in Asia-Pacific Corporate Market
Hong Kong-listed Asian insurer AIA Group Ltd. said recent management appointments will support its plan to expand regional employee protection and corporate pensions businesses ...
Source: BestWire   Date: November 27, 2012
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China's PICC Group Seeks to Raise US$3.6 Billion in Hong Kong IPO
The People's Insurance Company (Group) of China Ltd. said it intends to raise up to US$3.6 billion from a proposed public listing in Hong Kong on Dec. 7, a move that also raises ...
Source: BestWire   Date: November 26, 2012
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Former Thai Government Officer Joins AIA's Board
Hong Kong-listed Asian life insurer AIA Group Ltd. has appointed Narongchai Akrasanee, a former Minister of Commerce for Thailand and a senator, as its independent non-executive ...
Source: BestWire   Date: November 21, 2012
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ASEAN Free Trade Alignment Expected to Open Insurance Markets
Munich Re, is an example. "We will further proceed in strengthening our existing international presence and screen our priority markets for opportunities to expand business. ...
Source: BestWire   Date: November 21, 2012
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Malaysia's Insurance Sector Reports Third-Quarter Income Drop
... Tokio Marine Holdings Inc. agreed to acquire Malaysian nonlife insurer MUI Continental Insurance Bhd., a unit of business conglomerate MUI Group, for 180.2 million ringgit. The ...
Source: BestWire   Date: November 19, 2012
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AIA Chief Named Goldman Sachs Board Member
New York-listed investment banker Goldman Sachs Group Inc. said it has appointed Mark E. Tucker, group chief executive and president of Hong Kong-listed Asian insurer AIA Group ...
Source: BestWire   Date: November 6, 2012
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UK's Prudential Extends Bancassurance Reach With Thailand Acquisition
Thanachart Life Assurance Co. Ltd. for 358 million pounds (US$573 million) in cash from its banking parent, while ruling out the any business strategy change. Prudential said ...
Source: BestWire   Date: November 5, 2012
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Hong Kong Eyes Advanced Solvency Regime as Insurers Struggle With Capital Woes
Kong could well be a beneficiary of this," said Topping. "Hong Kong and particularly China are major potential growth markets, and the regulatory regime here is more balanced that ...
Source: BestWire   Date: October 31, 2012
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Hong Kong Billionaire Pays US$2.14 Billion for ING Insurance Assets in Asia
European solvency regulations. The transaction is subject to regulatory approvals and is expected to close in the first quarter of 2013. The deal will deliver a net gain of about 1 ...
Source: BestWire   Date: October 22, 2012
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