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Life & Health Insurance

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Aviva, Hillhouse Capital and Tencent to develop insurance co in Hong Kong

Friday, 20 Jan 2017 03:21am EST

Aviva Plc : Aviva, Hillhouse Capital and Tencent Holdings Limited have agreed to develop an insurance company in Hong Kong, which will focus on digital insurance . As part of agreement, Hillhouse and Tencent will acquire shares in Aviva Life Insurance Company Limited . Following completion of transaction, Aviva and Hillhouse will each hold 40 pct and Tencent will hold 20 pct shareholdings in Aviva Hong Kong .Transaction is subject to customary closing conditions, including regulatory approval.

Aflac's president Kriss Cloninger,Ⅲ will retire on Dec. 31

Friday, 20 Jan 2017 02:13am EST

Aflac Inc :Says co's president Kriss Cloninger,Ⅲ will retire, effective on Dec. 31.

Aviva appoints Andy Briggs CEO UK insurance

Thursday, 19 Jan 2017 05:00am EST

Aviva Plc : Organisational changes . Aviva is bringing its UK Insurance businesses together - life insurance, general insurance and health insurance - under leadership of Andy Briggs . Maurice Tulloch will become CEO international insurance, responsible for Aviva's insurance operations in France, Canada, Ireland, Spain, Italy, Poland, Turkey and India . Both appointments are subject to regulatory approval .Says David Mcmillan, Chairman Aviva global health insurance and CEO Aviva Europe, has chosen to leave Aviva.

Principal Financial Group says AUM by asset manager were $390.5 bln for principal global investors as of Dec 31, 2016

Wednesday, 18 Jan 2017 03:59pm EST

Principal Financial Group Inc : As of December 31, 2016, AUM by asset manager were $390.5 billion for principal global investors .As of December 31, 2016, AUM by asset manager were $142.1 billion for principal international and other entities of company.

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