life insurance

Citigroup Inc partners with AIA for life insurance sales in Asia-Pacific

Citigroup Inc chose to work with AIA Group in a 15-year agreement allowing the latter to sell life insurance through its branch network in 11 countries, Bloomberg reported.

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Prudential decides to sell unit in Japan to SBI worth US$85 Million

Prudential Plc agreed to sell its PCA Life Japan unit to SBI Holdings Inc. for US$85 million.

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Insurers still unable to break rule deadlock

Insurers and regulators are still unsure after recent proposals were made on the regulation of life insurance products.

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