CPIC Life chief sees three key openings for bancassurance growth

Published on August 15, 2025
Speaking at the Wealth Partnership Forum 2025 in the Greater Bay Area, CPIC Life general manager Li Jinsong said bancassurance is currently facing three structural opportunities.
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Third Point secures 67% shareholder support for Malibu Life Re acquisition

August 14, 2025
Third Point LLC (TPIL ), a New York-based alternative asset manager, has secured shareholder approval for its acquisition of Malibu Life Reinsurance SPC, a life and annuity reinsurance platform.The vote, which took place at the firm’s extraordinary general meeting (EGM), resulted in 67% of shareholders voting in favour of the proposed transaction.Rupert Dorey, Chairman of the Board of Third Point

PCRIC makes $285,000 payout to Samoa for tsunami recovery

August 15, 2025
The Pacific Catastrophe Risk Insurance Company (PCRIC), a donor funded entity established to provide Pacific Island nations with access to disaster risk insurance and related services, has made a payout of $285,000 under the tsunami component of its parametric insurance policy to Samoa due to a tsunami warning that was issued following the magnitude 8.8 earthquake that struck off the coast of Russ