Money Laundering Allegations: IRDA Begins Probe

AIA China lost its perch as the most profitable foreign-invested life insurance firm in China as its net profit dropped 48.6% year on year to CNY 298.2 million in 2012. CITIC-Prudential Life Insurance ranked first in profit among all the ...

The award was bestowed on Tata AIA Life in recognition of its financial strength, efficiency of the investment functions, customer relationship and human resource management Tata AIA Life Insurance on Monday has won the World Finance Pension Fund of ...

Hong Kong-listed pan-Asian life insurer AIA Group Ltd. said its regional chief executive, Huynh Thanh Phong, has left the company to pursue an opportunity outside the insurance industry. Phong, 46, joined AIA in October 2010 as the regional ...

HCMC Life insurer AIA Vietnam in the first quarter of the year saw the value of new business up 65% versus the same period of 2012 while its annualized new premiums increased 40%. In a statement released last Friday, Stephen Clark, CEO of AIA ...

Life insurer AIA is now sponsoring 34 teams in Thailand, up from 25 previously. The new sponsorship deal covers 34 teams in the Toyota Thai Premier League, Yamaha League One and AIS League. The sponsorship includes personal accident insurance ...

Life insurer AIA to complete roll out of 50 000 ipads across 16 countries to salespeople. Steffen Schade, director of distribution technology, at the AIA Group said he expects 50 000 of its life insurance agents to use its ipad point of sale ...

Tokio Marine Life Insurance (Thailand) is upbeat about continued strong growth this year driven by pension policies and its strong agency channel. "Pension and annuity business remain our cash cows," said Somphot Keitkraival, chief agency officer ...

"When the concept of the DisabilityCare scheme (formerly known as the NDIS) was first announced by the government, concerns were raised about the impact that it may have on consumer attitudes towards life insurance," noted AIA. But they said it is ...

Aviva Singapore saw growth in premiums and profits in 2012. Life insurance sales grew 25% to S$1.36bn ($1.09bn) with profits hitting S$122m($97.6m). Its general insurance sales climbed by 11% from strong motor slaes. Despite Aviva restructuring its ...