Life
prudential completes domestication of hk branch
The Prudential Assurance Company has completed the process of domesticating its Hong Kong branch on January 1.
axa to sell hungarian life and savings
Axa has entered into an agreement to sell its Hungarian life and savings insurance operations.
ammb holdings to sell life ins stake to metlife
Malaysia-based AMMB Holdings has reached an agreement with MetLife International Holdings to sell its stake in its insurance and takaful business to the latter for a total consideration of RM812m (£151.11 m, $247.20m).
aia and citibank in widest reaching bancassurance
AIA Group and Citibank have entered into an agreement for distribution of insurance products in 11 markets in the Asia-Pacific region.
capita insurance launches processing
Capita Insurance Services has launched a new central processing platform for Lloyd’s insurance group in Singapore that is designed to help brokers and managing agents in their policy administration.