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Latest related updates
20 OctTue
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China Life Trust and Haitong International Asset Management have entered into a strategic partnership. The two parties will collaborate by leveraging their respective professional strengths and resource endowments. The specific business directions and implementation arrangements for this cooperation have not yet been disclosed.
FWD completed the acquisition of a 25% stake in its former general insurance company, with the transaction purchase price directly linked to the insurer's underwriting performance.
Zurich Insurance announced the appointment of Scott Yin (Yin Xiang), an actuary formerly with AXA Tianping, as CEO of Zurich China. This personnel appointment is the latest adjustment to Zurich China's management team, with related information sourced from public reports in insurance industry media.
Seven managers completed share purchases through the employee share ownership plan of Prudential plc (stock code: PUK), with a transaction price of £9.024248 per share. This transaction is published by Stock Titan.
FWD Group will acquire a 25% stake in Bolttech Insurance (Hong Kong). Information related to this transaction was published by Life Insurance International. The transaction amount, completion timeline, and subsequent business integration arrangements for this acquisition have not been disclosed.
Sun Life has appointed three executives to lead its private wealth business. This personnel arrangement was disclosed by industry media Insurance Asia. The specific names, job responsibilities, and business plan details of the three executives have not been announced.
Prudential announced on September 24, 2026 the appointment of Naveed Irshad as Regional CEO for Indonesia, Philippines and Africa, effective October 26, 2026. Naveed will also be responsible for the Group's health and product business, join the Group Executive Committee, be based in Hong Kong and report to Group Chief Executive Anil Wadhwani. Naveed has over 30 years of experience in the insurance and financial services industry, previously worked at Manulife, and served as President and CEO of Manulife Canada.
Prudential announced that Chan Shih-shan, CEO of Prudential Singapore, will transfer to the newly created role of Chief Partnership Officer at its asset management arm, Amundi Investment, effective September 28. She will be based in Singapore, report to Amundi CEO Rajiv Mittal, and join its executive management committee. Chan will lead efforts to strengthen collaboration between Prudential’s life insurance business and Amundi, developing investment, wealth, and retirement solutions for Asian clients. Former Prudential Singapore CFO Andreas Rosenthal will serve as interim CEO of Prudential Singapore effective September 28, while the search for a permanent CEO continues.
Prudential announced that its subsidiary, Prudential Corporation Holdings Limited, has completed the sale of a 2.0% stake in ICICI Prudential Asset Management Company through an open market sale process, at a final price of 3,065 Indian rupees per share, generating proceeds of approximately US$300 million. The net proceeds will be returned to Prudential shareholders through share buybacks.
Prudential Corporation Holdings Limited, a subsidiary of Prudential, plans to sell up to 2.0% of its stake in ICICI Prudential Asset Management Company Limited on the open market on August 27, 2026, to help the company meet India’s required minimum public shareholding of 15%. Following the completion of the sale, Prudential Corporation Holdings Limited will retain a 32.6% stake in the company, and its governance rights in the company will remain unchanged.
FWD Group announced the appointment of Jeffrey Woo as President Director of PT FWD Insurance Indonesia (FWD Indonesia). The appointment has been approved by the Financial Services Authority of Indonesia (OJK).