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- May 18 2015
ACE Group names medical malpractice manager for Asia
Kamal Hamzah to lead the development and underwriting execution of ACE's medical malpractice business in the region.
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- May 16 2015
Fitch launches Ratings Navigator
Tool provides a visual summary of an insurer's key strengths and weaknesses.
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- May 16 2015
Indonesia launches insurance for small business loans
Move is part of the government's efforts to push the expansion of loans for small and medium businesses.
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- May 16 2015
Takaful Malaysia confirms small exposure in troubled 1MDB
Invested in the troubled state-owned 1Malaysia Development Berhad (1MDB) via an Islamic Bond in 2009.
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- May 16 2015
IATA explores global default insurance scheme
Scheme is designed to indemnify IATA airline members globally.
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- May 14 2015
Economic development and new risks, raise need for protection in SE Asia
Demand for protection expected to rise as more nations sought to protect their assets and wealth.
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- May 14 2015
CTBC Financial acquires Taiwan Life in US$1bn stock swap deal
CTBC Financial to swap 1.44 common shares in exchange for one Taiwan Life common share.
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- May 14 2015
Vietnam’s health insurance buyers drop by 1.2 million in Jan-April
Lack of proper public awareness of new health insurance regulations, cited.
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- May 14 2015
1 in 4 customers in India unlikely to renew with same provider
Up to 60% insurance customers are truly loyal to their insurance providers, according to report.
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- May 13 2015
Singapore, London can collaborate on insurance solutions in Asia
Collaboration would address the demand for insurance in Asia with regulations focused on outcomes.
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- May 13 2015
Malaysia’s AIA names first woman CEO
Anusha Thavarajah to be named as new CEO, taking over from Bill Lisle.
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- May 13 2015
S Korea’s Dongbu Insurance enters market in Myanmar
South Korean insurer to offer non-life insurance services with the opening of office in Yangon.
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- May 13 2015
Fitch Ratings’ to update insurance notching criteria
Numerous rating changes expected for insurers located outside the United States.
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- May 12 2015
Bank Negara Malaysia inks IAIS exchange agreement
BNS Governor Dr. Zeti Akhtar Aziz confirmed the development in a statement.
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- May 12 2015
Dai-ichi Life signs bancassurance deal with Vietnam’s HDBank
Both parties pledge to develop strategic cooperation between Vietnam's banking and insurance sectors.
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- May 12 2015
Generali Asia enters Malaysia after acquiring stake in local insurer
Acquisition marks Generali's entry into the Malaysian non-life market.
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- May 12 2015
India’s insurance employees’ union oppose hike in FDI
Increase would mean handing over the hard earned savings of the people to foreign capital, says AIIEA.
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- May 11 2015
Thai insurers may lower rates as slow economy hits profits
General insurance industry was expected to grow by just 5% this year.
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- May 11 2015
Bank Rakyat Indonesia seeks life insurance partner
Plans to set up an insurance unit in which it will hold a majority stake.
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- May 11 2015
NZ Insurance and superannuation job opportunities up 40%
Insurers are now focusing on employing people with diverse skills and experience following Canterbury earthquake.
