Country: Asean Page 107 / 129
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- February 1 2017
Union Bank inks bancassurance deal with Insular Life
The Philippines bank offers a network of more than 300 branches and six million customers.
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- January 30 2017
Zurich, Chinese bank tie up on bancassurance
Indonesian entity of Swiss giant partners with Bank of China to explore bancassurance services.
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- January 27 2017
Microinsurance success in the Philippines
The country’s insurance regulator forecasts that the penetration rate will reach close to 50% during the next five years.
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- January 25 2017
Thailand’s SCB Life up for sale
The process to sell a 49% stake stalled last year after changes in foreign shareholder rules.
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- January 20 2017
Allianz and StanChart sign 15-year bancassurance deal
The agreement gives access to the bank's retail clients in Hong Kong, Singapore, Malaysia, Indonesia and China.
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- January 20 2017
Positive outlook for Malaysia’s Islamic insurance sector
In the first quarter of 2016, family takaful grew by 9.8% while general takaful grew by 5.8%.
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- January 19 2017
Philippine insurers given capital requirement deadline
Regulators have given insurance companies until April this year to meet the minimum capital target.
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- January 18 2017
Berkshire enters Malaysia’s non-life reinsurance market
The Labuan licence adds to the company's existing presence in Singapore, Hong Kong and Macau.
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- January 16 2017
Hanwa Life Indonesia mulls IPO in 2019
The IPO is part of an effort to meet the regulator's 80% foreign ownership limit for insurers.
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- January 10 2017
Malaysian insurers ready payments for flood losses
The country's insurers are prepared to meet claims as seasonal flooding has displaced thousands of people.
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- January 9 2017
Employers oppose Malaysia’s health insurance system
The Malaysian Employers Federation (MEF) says the proposed system will be a burden to employers.
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- January 9 2017
Singapore insurers to adopt tax-evasion measures
Tax residency status required for all account holders as part of a measure to combat tax evasion by 2018.
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- January 5 2017
Vietnam’s insurance penetration hits 81.7%
There are now more than 76 million people in the country who are covered by health insurance.
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- January 4 2017
Singapore’s ElderShield review set to start this month
The review committee will engage with caregivers, insurers and long-term care providers in a public consultation.
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- December 23 2016
No buyers for troubled insurer Bumiputera
The Indonesian government is likely to consider state aid as efforts to find a strategic investor remain futile.
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- December 23 2016
Philippines budgets US$1bn for universal healthcare
The country's US$67 billion 2017 budget includes an 11.6% funding boost for universal healthcare.
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- December 22 2016
Thai life market growth to slow in 2017
Economic headwinds will keep the country's life insurance market growth to less than 10% next year.
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- December 21 2016
Indonesia urged to fast-track policyholder protection
The call was made following the replacement of the board of directors and commissioners of AJB Bumiputera 1912.
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- December 20 2016
Singapore seeks feedback on insurance scheme
Ministry of Health to review ElderShield as the country's population ages.
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- December 16 2016
Etiqa Takaful inks partnership deal with Pos Malaysia
The insurance and takaful business of Maybank has sealed a deal with Malaysia's postal delivery service provider.
