The Shandong government-backed insurer expects its operating results to improve further over the next two years on disciplined underwriting and a conservative investment strategy.
Amid Japanese regulatory resistance to reinsurance deals, Apollo is weighing deals for Japanese life units as it looks to deepen its presence through direct underwriting.
AXA Global Private is banking on its group-wide specialty capabilities to carve out a niche in a segment where rival carriers are already fiercely competing for wallet share.