Prudential Individual Life Insurance, a business of Prudential Financial, Inc. (PRU), has named Ann Nanda Vice President of Institutional Sales. In this role, she is responsible for building on and executing a strategy to deliver ...
Tags: Life Insurance
Protective Life has received insurance regulatory approvals required in order for its subsidiary Protective Life Insurance to acquire MONY Life Insurance, as well to reinsure certain policies of MONY Life Insurance Company of America ...
Tags: Protective Life, Mony Life
Foreign insurance giants have cast eye on the Chinese vehicle insurance market in succession. Hubei Biocause Pharmaceutical Co., Ltd. (SZSE: 000627), a shareholder of Tianping Auto Insurance Co., Ltd., said in a statement on September ...
Tags: Vehicle Insurance, Service
Switzerland-based Zurich Insurance Group is said to have a plan to buy into Chinese property insurance firm Sinosafe General Insurance Co., Ltd. Sources said recently that the Swiss insurance group was looking for a stake in a Chinese ...
AXA Insurance Gulf has introduced a new car insurance solution designed to provide customers with choice to select desired car insurance covers and options. Dubbed AXA Motor Select, the product provides a reasonable entry price for ...
Tags: AXA Insurance, Select Car
18 life insurance firms in China may be kept from opening new provincial branches because of their continuous loss-making, said people in the know. The 18 life insurers include six Chinese players and 12 foreign players like Allianz China ...
France-based Axa Private Equity is evaluating plans to divest French food ingredients manufacturer Diana in a deal estimated to be worth EUR1bn. The ingredients firm is likely to attract both strategic and private-equity interests, ...
Tags: Axa Private Equity, Agriculture
Stonewood National Insurance has selected 4Sight Business Intelligence for Property & Casualty (P&C) insurance, to allow the firm to proactively run its business. The product will enable the firm to identify and frame both challenges and ...
Tags: Stonewood National, P&C Insurance
The Shanghai branch of Winterhur Insurance (Asia) was agreed by the Chinese insurance regulator to change to a wholly-owned subsidiary under AXA Insurance, with registered capital of CNY 280 million. The newborn was agreed to engage in ...
AXA Equitable Life Insurance Company has recently established a new Life Operations headquarters at 8501 IBM Drive in Innovation Park, Charolette, US. Besides reaffirming the company's long-term commitment to support its employees, ...
Tags: Life Insurance, Life Operations
General insurance provider AXA has agreed to acquire 50% shareholding in Chinese property & casualty insurer Tian Ping Auto Insurance Company (Tian Ping), for a total consideration of €485m. As part of Ambition AXA strategy, the deal ...
Tags: insurance provider, insurance
London-headquartered diversified financial conglomerate HSBC is gearing up to offload its general insurance business in Macau, as part of its strategy to get rid of unprofitable businesses across the globe. One of its indirect wholly ...
Protective Life Insurance has signed an agreement with subsidiaries of AXA SA to acquire MONY Life Insurance and reinsure certain policies of MONY Life Insurance Company of America. Total consideration for the deal is estimated to be ...
Tags: Life Insurance, Insurance
HSBC Insurance (Singapore) has agreed to dispose of its group term life insurance and group medical insurance portfolios in Singapore to AXA Life Insurance Singapore, for an undisclosed sum. According to the underwriter, the gross asset ...
Tags: HSBC, Medical Insurance, Insurance
General insurance provider AXA UK has appointed Ian Brimecome as chairman of the board with immediate effect, who has been serving as a non-executive director of the company in the UK for six years. With more than 30 years of expertise of ...
Tags: General insurance, insurance, financial services industry