Rumors have been swirling that Tokio Marine is considering selling its SEA life businesses and sources report the group is now intensifying its efforts.
The Australian regulator introduced two instruments to bypass confirmation requirements in cases of policyholder death and recurring benefit claim payments.
AIA continues to increase its social-impact activities with the investment with LeapFrog, an impact investor which focuses on financial services and healthcare.
The news was announced as part of a strategic partnership between Japan Post, investment firm KKR, and the U.S. head-quartered (re)insurer Global Atlantic.