Life
AIA buys 25% stake in Chinese life insurer for $1.86bn
Deal allows the group ‘to capture additional distribution channels and customer segments’
Walter Jopp to step down
He has been chief executive of Zurich’s life business in the Middle East for five years
Zurich sets up life company in Hong Kong
And it will roll out two products and two platforms to the market
Canada Life sets up Irish joint venture with banking group
To provide life, pension and investment solutions in the country
AIA receives regulatory approval to set up Hubei operation
It is an ‘important next step in our geographical expansion strategy in mainland China’