Prudential
Prudential fined £30m over failed AIA bid
The UK's Financial Service Authority has fined Prudential £30m for failing to report the AIA acquisition plans to the regulator.
FSA fines Prudential £30m and censures CEO over AIA deal
The Financial Service Authority is set to fine Prudential £30m and censure its chief executive Tidjane Thiam, for failing to report the AIA acquisition plans to the regulator.
Top five Asian news stories
The top five Asian news stories from www.insuranceinsight.com over the past seven day.
Prudential gained 1m more Asian customers in 2012
On the release of its 2012 results, insurer Prudential revealed that it had added over 1m customers across Asia in 2012.
International: Are you protected?
A pan-European data protection regulation may enhance transparency and accountability, but could inadvertently hamper insurance activities, harming companies and policyholders.
North of the Border: The same rules of privilege apply
The extent of legal professional privilege was at issue when the Supreme Court considered the appeal in Prudential v Special Commissioner [2013].
Bailey named Prudential Regulation Authority CEO
Andrew Bailey has been named deputy governor for the Bank of England, which will also make him chief executive of the Prudential Regulation Authority.
Supreme Court rejects Prudential legal advice appeal
The UK's Supreme Court has ruled that legal advice provided by non-legal professionals does not qualify for legal privilege, ending a legal battle with Prudential and PWC which has run since 2007.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days.
Website review: NFU Mutual
Poor performance on 4 December affects insurer's average scores.
Review of the Year: Health Insurance - Cause for optimism
Despite torrid economic conditions for the insurance industry during 2012, the health market continues to prove that innovation and fighting spirit still allow for growth.
Non-life premiums in Vietnam reach VND17tn in first nine months
Non-life insurers in Vietnam achieved premiums of more than VND17tn in the first nine months of 2012, up 11.3% from the same period last year.
Keating starts UK General MD role
Mike Keating has completed his return to the industry, starting his new role as commercial managing director at UK General Insurance.
Website review: Common errors plague Prudential
Compuware tested Prudential's web performance from 18 August to 20 September, using its Gomez performance benchmark.
NHBC names Mike Quinton as CEO
Mike Quinton has been appointed chief executive of the National House Building Council.
Aviva sets bid deadline for Malaysian unit
British insurer Aviva and Malaysian bank CIMB Group Bhd have set a 29 October deadline for suitors to place binding bids to buy their Malaysian insurance joint venture, in a deal worth at least $500m, according to Reuters.
Former Prudential director joins Direct Line
Priscilla Vacassin has been appointed as a non-executive director of Direct Line Group.
MAS says reforms could mean capital hike for insurers
The Monetary Authority of Singapore has admitted that some insurers may need to hold more capital under the risk-based capital system currently being devised.
Post Blog: Before they were famous
Great actors, fast food entrepreneurs and Olympians all have to start somewhere – sometimes even in the insurance industry.
Pru Singapore offers wealthy clients 'highest' critical illness pay out
Prudential Singapore, the wholly-owned subsidiary of UK-based insurance group Prudential, has launched a critical illness product targeted at affluent individuals.
Market moves: Insurance takes the initiative
Last week saw the recruitment initiative wrestled back from the broking sector, with the majority of hires coming from within the insurer space. Headline appointments in that sphere came thick and fast in the form of a changing of the guard at Catlin…
Prudential CEO to become ABI chairman
Tidjane Thiam has been appointed chairman of the Association of British Insurers with effect from 3 July.
AIRMIC 2012: Risk managers want outcomes-based policies
Risk managers want policies based on outcomes not perils, according to Prudential's group insurance risk manager Helen Hayden.
Solvency II detractors told to end futile griping
European insurers should stop complaining about the impending regulatory overhaul as they have had ample time to make preparations, according to Old Mutual finance director Phillip Broadley.