Euler Hermes is increasing its participation in Israeli credit insurer ICIC from the original 33% acquired in 2007 to 50%.
The leading news, features and opinion pieces of the week from Asia.
Axa has agreed to buy 50% of general insurer Tian Ping for €485m ($631m) in China.
Axa is targeting to continue its run of good premium growth in Thailand, but 15% will be half of 2012's growth figure.
HSBC Insurance (Singapore) Pte, a wholly-owned subsidiary of HSBC Holdings, has agreed to sell its group term life insurance and group medical insurance portfolios in Singapore to Axa Life Insurance Singapore.
A pan-European data protection regulation may enhance transparency and accountability, but could inadvertently hamper insurance activities, harming companies and policyholders.
Axa’s Southern European revenues have been hit by the difficult economic environment but mature market revenues continued to increase.
Insurers in the Middle East need to diversify their distribution networks in response to changing consumer behaviour, according to industry specialists at the Middle East Insurance Forum.
As European Union members get closer to introducing the Directive on patient mobility Edmund Tirbutt asks how private medical insurers are tackling fraud in health care.
The top five stories from www.insuranceinsight.com over the past seven days.
Axa Insurance has raided Europe to appoint two new senior executives for its UK Direct & Partnerships arm.
The top five European news stories from www.insuranceinsight.com over the past seven days.
This year has seen aggregators bought and sold across Europe. Francesca Nyman investigates whether Europe can provide a home for them or whether their time has passed.
French insurer Axa is seeking buyers for US life insurance assets worth at least $500m, Bloomberg said yesterday, quoting sources.
The top five European news stories from wwww.insuranceinsight.com over the past seven days.
The insurance subsidiary of French banking group BNP Paribas will take on the job of lending to companies as tougher regulations ramp up the cost of traditional loans, Reuters reported.
Despite being a niche sector, with owners treating their vehicles like part of the family Anna Pitton explains why vintage motor insurance could be a missed opportunity for insurers.
Axa Assistance has agreed to acquire the majority of WhiteConcierge, a UK company operating in Europe in the concierge services Industry.
Axa Insurance Singapore has completed its integration of HSBC's general insurance businesses, a move that will expand the insurer's multi-distribution platform to a 700-strong network of insurance professionals, distributors and online motor and travel portals.
Axa Group has reported total revenues up 1% to €68.4bn for the first nine months of 2012.
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