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1 through 20 of 46 matching documents, best matches first.   Sort by date

Hong Kong Regulator Names AIA, Prudential Asia as Systemically Important Insurers
The Insurance Authority of Hong Kong named AIA Group Ltd. and Prudential Corporation Asia Ltd. as domestic systemically important insurers as the regulator said it established a ...
Source: BestWire   Date: October 20, 2025
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AIA China Continues Expansion With Approval for New Zhejiang Branch
Mainland China's life insurance market." "Our expansion in these regions will help sustain our growth momentum in Mainland China," Fisher Zhang, CEO, AIA China, said in a ...
Source: BestWire   Date: November 27, 2024
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Hong Kong Regulator Fines AIA $3 Million for Money Laundering Lapses
...Terrorist Financing Ordinance. The fine followed an on-site inspection carried out by the HKIA on business carried on by AIA International Ltd. through its Hong Kong branch, the ...
Source: BestWire   Date: August 5, 2024
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Australia’s Securities Regulator Secures $70.7M for Life Policyholders Following Mis-Selling Probe
Freedom Insurance, and will get more. The Australian Securities and Investments Commission secured the remediation funds for about 83,600 customers who it said were or may have ...
Source: BestWire   Date: August 17, 2022
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AIA China Approved to Prepare for New Henan Branch
Insurance Regulatory Commission, AIA said in a statement. Branch operations in Henan will begin on completion of AIA's preparations and with final regulatory approvals. The Chinese ...
Source: BestWire   Date: May 31, 2022
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Hong Kong Regulator Designates Three Insurers for Group Supervision
Authority said it can carry out effective groupwide supervision. Beginning March 29, the supervision framework aligns Hong Kong's insurance regulatory regime with international ...
Source: BestWire   Date: May 14, 2021
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AIA Gains Approval for Wholly Owned Life Insurance Subsidiary in China
Keng Hooi, who retired. Prior to joining AIA, Lee was an executive director of Ping An Insurance (Group) Company of China Ltd., and served as the company's co-CEO and chief ...
Source: BestWire   Date: June 22, 2020
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Colonial Mutual Life Pleads Guilty to Australian Telemarketing Charges
Life Assurance Society Ltd., has pleaded guilty to 87 counts of violating laws prohibiting unsolicited sales phone calls, according to the Australian Securities and Investments ...
Source: BestWire   Date: November 19, 2019
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Commonwealth Bank of Australia Revises Agreements With AIA to Divest Life Business
...Insure Life to AIA Group Ltd. The ongoing regulatory approval processes have led to an extended period of uncertainty for CommInsure Life, it said. "The revised transaction path ...
Source: BestWire   Date: August 26, 2019
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AIA’s New Sales and Service Centers in China Commence Operations
Keng Hooi Ng, AIA Group's chief executive and president. "We look forward to extending our track record of significant contributions to the development of the insurance industry in ...
Source: BestWire   Date: July 31, 2019
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AIA China Cleared to Prepare Sales and Service Centers in Tianjin and Shijiazhuang
Hooi Ng, chief executive and president of AIA. In the third quarter of 2018, AIA reported a 17% rise in value of new business to US$979 million. In China, AIA said its wholly owned ...
Source: BestWire   Date: February 4, 2019
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Milliman: China’s Restriction of Universal Life Sales Reduced Premiums but Not Embedded Value
China's life insurance market posted growth in embedded value and value of new business to 21% and 31%, respectively, in 2017 despite regulatory restriction on universal life ...
Source: BestWire   Date: September 20, 2018
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Mitsui Sumitomo Acquires Commonwealth Bank’s Stake in BoCommLife for 4.3 Billion Yuan
Mitsui Sumitomo Insurance Co. Ltd. has agreed to acquire a 37.5% stake in BoCommLife Insurance Co. Ltd. from Commonwealth Bank of Australia as the Japanese insurer enters China's ...
Source: BestWire   Date: May 23, 2018
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Hong Kong’s Nonlife Business Posted Loss in 2017
Manulife (International) Ltd. in a business presentation. Mainland visitors contributed to less than 20% of Manulife's overall annualized premium equivalent in 2017. Hong Kong ...
Source: BestWire   Date: March 14, 2018
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Australian Bank to Drop Loan Insurance After Sales Accusations
Comyn said in a statement. Comyn defended loan protection insurance as both accessible and useful for many people during stressful times. "But we have found it hard to achieve the ...
Source: BestWire   Date: March 8, 2018
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AIA Launches Operation in Cambodia
Hong Kong-listed life insurance group in a statement. AIA currently has a presence in 18 markets across Asia-Pacific. Cambodia "holds great potential as a life insurance market ...
Source: BestWire   Date: May 8, 2017
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China’s Regulator Warns of Risks in Buying Insurance in Hong Kong
Kong are not valid under the regulations in China. These products are covered under Hong Kong's laws. Therefore, the CIRC noted policyholders would suffer high legal fees and time ...
Source: BestWire   Date: April 25, 2016
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AIA, Manulife Not Worried About China’s Recent Curb on Overseas Insurance Purchase Via UnionPay
Chinese residents' insurance product purchases overseas. The new rule aims to control investment-driven insurance purchases overseas while it still meets people's needs on small ...
Source: BestWire   Date: February 26, 2016
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AIA Sells Nonlife Business to Janashakthi Insurance in Sri Lanka
The country's total nonlife gross written premium was 55.3 billion rupees in 2014, with motor insurance as the biggest line accounting for 63.2% of total premium. Sri Lanka's ...
Source: BestWire   Date: October 12, 2015
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Singapore Unveils Regulatory Framework for Financial Holding Groups
European Union is moving in that direction. A financial holding company is defined as a Singapore-based holding company that has at least one bank or insurance company incorporated ...
Source: BestWire   Date: April 9, 2013
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