Thursday, November 23, 2017

Philippines

Philippine deposit insurer to auction 126 bank assets

Philippine deposit insurer to auction 126 bank assets

The PDIC is soliciting sealed bids for 126 properties owned by closed banks nationwide.

Read full article

Philippine lawmakers urged to pass national flood insurance bill

Philippine lawmakers urged to pass national flood insurance bill

Bill aims to augment state-funded disaster assistance.

Read full article

BDO Unibank acquires Generali Pilipinas Holdings

BDO Unibank acquires Generali Pilipinas Holdings

Acquisition part of the bank’s strategy to diversify into the life insurance business.

Read full article

Philippine court stops paid-up capital rate hike order for insurers

Philippine court stops paid-up capital rate hike order for insurers

An adverse effect on the business climate is sufficient basis for an injunction, The Court of Appeals.

Read full article

Philippine insurers push for lower taxes on non-life insurance

Philippine insurers push for lower taxes on non-life insurance

5.5% tax on non-life insurance premiums sought.

Read full article

Samsung Life Insurance eyes acquisition in the Philippines

Samsung Life Insurance eyes acquisition in the Philippines

Growing economy, low insurance penetration rate, and large population seen as factors.

Read full article

Insurance penetration in the Philippines at 1.2%

Insurance penetration in the Philippines at 1.2%

Findings taken from a survey commissioned by Sun Life of Canada (Philippines).

Read full article

EastWest Bank and Ageas form Philippines joint venture

EastWest Bank and Ageas form Philippines joint venture

EastWest Ageas Life, a US$65m life insurance firm set to build bancassurance business in the Philippines.

Read full article

Manulife to open 18 branches in the Philippines, eyes raising market share

Manulife to open 18 branches in the Philippines, eyes raising market share

10 branches to be opened this year and a further eight scheduled in 2016.

Read full article

Maybank Ageas seeks to acquire insurance firms in Indonesia, Philippines

Maybank Ageas seeks to acquire insurance firms in Indonesia, Philippines

Discussions have been taking place with a number of parties for possible acquisitions.

Read full article

Global experts to discuss disaster insurance coverage

Global experts to discuss disaster insurance coverage

APEC meeting also looks at strategies to widen the penetration of micro-insurance products.

Read full article

Philippine nonlife insurance industry’s net income rises in 2014

Philippine nonlife insurance industry’s net income rises in 2014

A decline in frequency and severity of natural calamities attributed.

Read full article

Philippine National Bank seeks US$500m in sale of life insurance stake

Philippine National Bank seeks US$500m in sale of life insurance stake

Possible investors could come from Japan and Taiwan.

Read full article

Taiwan’s Cathay Financial enters Philippine banking sector

Taiwan’s Cathay Financial enters Philippine banking sector

Cathay Life Insurance Corp acquires 20% stake in Rizal Commercial Banking Corp for Php7.95bn (US$179m).

Read full article
1 5 6 7 7

Videos

Zainudin Ishak, Malaysian Re

Partner Content

Follow InsuranceAsia News

Print Edition

WINTER 2017

Defending Asia's evolving risks