Insights
17-May-19 ICBC-AXA Life has opened a wholly-owned asset management subsidiary in Shanghai, making it the first insurance asset management JV in China after the government announced the further opening up of the insurance industry. [image: Asia Times]
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Insights
22-Apr-19 Egypt will begin a rollout of its new comprehensive health insurance system in July 2019, to be rolled out over a 15-year period. the World Bank pledged USD530 million to a five-year initiative aimed at improving healthcare standards. [image: Reuters / Mohamed Abd El Ghany]
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Insights
02-Mar-19 Chubb Insurance has received approval from the China Banking & Insurance Regulatory Commission to increase its ownership in Huatai Insurance Group, making Huatai the first Chinese financial services holding company to convert to a Sino-foreign equity joint-venture. [image: Body Shop Business]
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Insights
21-Feb-19 After weathering storms of bad loans and profitability, Axis Bank has set its sights on an insurance business acquisition within a year, according to CEO Amitabh Chaudhry. Peers ICICI and HDFC already have life- and non-life insurance operations. [image: Business Today]
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Insights
21-Feb-19 Hong Kong authorities are preparing to issue digital banking licences to six companies including internet and gaming group Tencent, Ant Financial, the payments business of e-commerce giant Alibaba, smartphone maker Xiaomi and insurer ZhongAn. [image: Bloomberg]
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