Citigroup will seek bids from global insurers keen to sell general insurance products across the US bank's Asia-Pacific markets, in a deal that could be worth at least US$500 million, a source with knowledge of the matter told Reuters.
Japanese businesses are spending more on earthquake-resistant buildings, or spreading their manufacturing bases to mitigate potential losses from natural catastrophes, rather than attaching earthquake riders or business interruption insurance on their fire insurance policies, Fitch Ratings says in...
Edinburgh-headquartered Standard Life has announced that terms have been agreed to sell its Hong Kong insurance business, Standard Life (Asia), to Standard Life's Chinese joint venture insurance business, Heng An Standard Life Insurance.
Indians are big dreamers but poor financial planners, according to a survey conducted by Aviva Life Insurance.
Australia's superannuation sector may need to be "jolted" into action to improve standards in providing life...
The Insurance Commission will look to improve the insurance regulatory framework in the Philippines through the revised RBC2 framework, without...