Zurich Insurance, a Switzerland-based multi-line insurance provider, is planning to scrap all of its 700 life insurance agents in Hong Kong by the end of the year, as its focuses to sell insurance products from agents to brokers and ...
Tags: Zurich Insurance, Life Insurance
New Zealand owned life insurer Pinnacle Life has added a new ‘tick box’, which enables policy owners to boost their accidental death coverage by 50% by increasing their current premiums by 20%. The company said that the new ...
Tags: Pinnacle Life, Life Insurance
Zurich Insurance Company South Africa, a subsidiary of the Zurich Insurance Group, has inked an agreement to purchase 100% ownership of BnB SURE Proprietary, for an undisclosed sum. The current announcement stems up from a development in ...
Tags: Zurich Insurance, Insurance
India-based Jammu & Kashmir Bank is planning to offload entire or a fraction of its 5% stake in life insurance joint venture (JV) MetLife India. J&K Bank CEO and chairman Mushtaq Ahmed was quoted by the Economics Times as saying that the ...
Tags: J&K Bank, Minority Stake
Indonesian joint venture partners Sinar Mas Group and CT Corp are planning to divest their share in insurance company Mega Life to a foreign partner. Established in 2003 as an insurance joint venture (JV) between Sinar Mas and CT Corp, ...
Dutch insurer Delta Lloyd Group has entered into an agreement to acquire Belgium-based insurer, ZA Verzekeringen, from Amodo Group, to boost its presence in the country by providing a comprehensive assortment of products. Delta Lloyd ...
Tags: Delta Lloyd, Za Verzekeringen
SBLI of Massachusetts, a life insurance products provider, has rolled out six whole life products and eight riders, with an aim to better meet customers’ insurance needs. The insurance policies are available in various payment ...
Tags: Life Products, insurance
The Tire Industry Association (TIA) has announced a self-funded group employee benefits solution for its members through an alliance with The Association Benefits Solution (TABS). "TIA has been exploring solutions to the health insurance ...
Tags: Auto Parts
Manulife Financial, a Canada-based financial services group, has expanded its CoverMe life insurance products with the addition of CoverMe Easy Issue Life insurance plan. Intended for adults, the Easy Issue is a 10yr life insurance plan ...
Tags: Manulife, Insurance Plan
LifeAgain Insurance Solutions, a wholly-owned subsidiary of Cardium Therapeutics, has signed a commercialisation agreement with insurance broker AgencyONE to support the development and marketing of new survivable risk life insurance ...
Canada-based Sun Life Financial has forayed into the Malaysian insurance market with the launch of a new joint venture between Khazanah Nasional and CIMB Group Holdings to offer services in the country. Sun Life Malaysia Assurance and Sun ...
Tags: Sun Life, Insurance Market
Prudential Insurance Company of America (PICA) and Bank Simpanan Nasional (BSN) have agreed to acquire 100% of Uni.Asia Life Assurance’s (UAL) issued and paid-up ordinary share capital, to boost their insurance operation in Malaysia. ...
Tags: Life Assurance
Allianz Life Insurance Company of North America (Allianz Life) has deployed Accenture’s life and annuity insurance software suite to support its new business and core policy administration needs for variable annuity products. The ...
Tags: Life Insurance
US-based health care benefits company Aetna is planning to stop issuing health care products to individual consumers in California at the end of 2013. The health insurer, which notified California's insurance regulator about its impending ...
Genworth Financial has debuted its first Index Universal Life (IUL) insurance product, which integrates a death benefit with tax-deferred cash accumulation and an optional Accelerated Benefit Rider for Long Term Care Services. With a ...
Tags: Life Insurance, Genworth Financial