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People Moves: Ascot Underwriting Names Thompson as CEO, Keith Named Head of Ascot Bermuda; Geneva Assn. Appoints AIA’s Top Executive as Chair

Jun 7 2024 // This edition of International People Moves details appointments at Ascot Underwriting Ltd. and Ascot Bermuda, along with The Geneva Association. A summary of these new hires follows here. Ascot Group Ltd., the...

Hong Kong Insurer AIA in Talks to Buy Philippine’s MediCard: Sources

Sep 22 2022 // AIA Group Ltd. is in advanced talks to acquire MediCard Philippines Inc., people familiar with the matter said, as the insurance giant seeks to boost its presence in Southeast Asia. AIA and MediCard are finalizing the...

AIA Weighs Purchase of Billion-Dollar Shanghai Tower as Its Expands Business in China

Aug 8 2022 // Insurance giant AIA Group Ltd. is in talks to purchase an office at a prime location in Shanghai as it expands business in China, according to people familiar with the matter. The Hong Kong-based insurer is considering...

AIA Group Agrees to Buy Bank of East Asia’s Non-Life Insurance Businesses for $278M

Mar 7 2022 // Bank of East Asia (BEA) said late on Friday it has agreed to sell its non-life insurance and healthcare services businesses to a unit of AIA Group Ltd. for an aggregate HK$2.168 billion ($278 million). BEA agreed to sell...

National African American Insurance Association Charters 3 New Chapters

Dec 21 2021 // The National African American Insurance Association (NAAIA) announced the chartering of three new chapters: Arkansas, Colorado and Los Angeles. The three new chapters join these 18 existing and pending chapters: Atlanta,...

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