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ICICI prudential life insurance records 56 pc growth in H1


ICICI prudential life insurance records 56 pc growth in H1 (Deepika)
Mumbai, Oct 20 (UNI) Private insurer ICICI Prudential Life Insurance today reported a 56 per cent growth for the first half of current fiscal, garnering a total premium of Rs 6,726 crore as against Rs 431 crore it collected for the corresponding period of last fiscal.

ING to divest Taiwanese life insurance business to Fubon for $600 million (Insurance Business Review)
ING has reached an agreement with Fubon Financial Holding, a Taiwanese financial services company, to sell its Taiwanese life insurance business for a consideration equivalent to $600 million.

ADAG eyes AIG's Asian life insurance business (The Times of India)
NEW DELHI: Reliance Anil Dhirubhai Ambani Group (ADAG) is looking to buy out the Asian insurance business of AIG. If it goes through, the deal, which would exclude AIG s Indian businesses, would make Reliance South-East Asia s largest life insurer.

ING to sell Taiwan life insurance biz to Fubon Financial (FE via Yahoo! India News)
A day after receiving a 10 billion euro infusion from the Dutch Government, financial services firm ING on Monday announced sale of its Taiwanese life insurance business for about 447 million euro (USD 600 million) to Fubon Financial Holding.
 


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