Life & Health Insurance

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Axa SA Creates AXA Lab, Silicon Valley

Monday, 28 Oct 2013 08:00pm EDT

Axa SA announced the creation of the AXA Lab, Silicon Valley, located in San Francisco near Silicon Valley. The mission of the AXA Lab, Silicon Valley will be to connect the Company with other companies in the technology industry that have the potential to become business partners; to detect emerging trends that can be leveraged for the benefit of the Company's clients, identify start-ups and new talents; to foster the digital culture within the Company; and to launch pilot digital initiatives before any rollout in other countries.

Shin Kong Financial Holding Co Ltd's Joint Venture to Set Up Branch in Mainland China

Monday, 14 Oct 2013 05:49am EDT

Shin Kong Financial Holding Co Ltd announced that Shin Kong-HNA Life, the joint venture of the Company and HNA Group, was granted to set up a branch in Suzhou.

Assicurazioni Generali SpA Announces Launch of Generali Italia

Monday, 1 Jul 2013 10:19am EDT

Assicurazioni Generali SpA announced that Generali Italia has been officially launched on July 1, 2013. The Direzione per l'Italia business unit of Assicurazioni Generali, including the Italian insurance activities and the main Italian shareholdings, such as AlleanzaToro, Fata, Genertel, Genertellife, Banca Generali, Generali Properties and Genagricola, has been transferred to Ina Assitalia. Subsequently, Ina Assitalia assumed the name of Generali Italia SpA. The new company is headquartered in Mogliano Veneto (Treviso). At a meeting chaired by Sergio Balbinot, the Board of Directors of Generali Italia appointed Alberto Minali as Vice Chairman and Raffaele Agrusti as Chief Executive Officer. Antonio Cangeri, Giovanni Liverani, Monica Alessandra Possa and Paolo Vagnone will serve as Directors. The Board will remain in office until the approval of the 2013 financial statements. Following this step, the merger will continue with the insurance activities of Toro, Lloyd Italico and Augusta being transferred to the new company by the end of fiscal year 2013. By the completion of the process, Generali Italia will have operations consisting of more than EUR 13 billion in premiums and EUR 100 billion in assets under management and will serve 10 million clients through around 9,000 employees and a sales network of approximately 3,000 agents and thousands of producers.

New China Life Insurance Co Ltd to Set up Subsidiary

Friday, 31 May 2013 08:00pm EDT

New China Life Insurance Co Ltd announced that it will set up a wholly owned subsidiary, a Beijing-based e-commerce company with a registered capital of RMB 100 million.

China Pacific Insurance (Group) Co Ltd to Set up Subsidiary

Tuesday, 22 Jan 2013 07:00pm EST

China Pacific Insurance (Group) Co Ltd announced that its Board of Directors has approved the proposal of setting up a health insurance company.

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