Country: Asean Page 110 / 133
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- March 13 2017
Fewer nonlife firms in the Philippines expected this year
Numbers are expected to decline this year as the regulator imposes higher capital requirements for insurers.
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- March 10 2017
Asia’s last insurance frontier
Foreign insurers have been waiting for the opportunity to do business in Myanmar since 2015.
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- March 10 2017
Cathay Financial to buy Bank of Nova Scotia Malaysia unit
The Taiwanese group said its bank and life insurance units plan to jointly acquire the Canadian bank's subsidiary.
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- March 9 2017
Net income of Philippines firms up 26%
Premiums rose in the last three months of 2016 thanks to the expanded sale of life policies.
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- March 8 2017
Swiss Re Corporate Solutions opens KL office
The office will function under a Labuan FSA reinsurance licence and will be led by Juerg Stoll.
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- March 8 2017
Singapore insurers told to do the right thing
Regulator says insurers should do more than just comply with rules and implement control measures.
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- March 8 2017
AIA wins licence to operate in Cambodia
The group will start operations by the end of the year in a market with significant growth potential.
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- March 7 2017
Penalty against 22 insurers in Malaysia not final
The Malaysia Competition Commission has said the general insurers still have 30 days to appeal their case.
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- March 6 2017
Regulations to alter Malaysia’s life insurance industry
Bank Negara Malaysia's upcoming regulatory changes will make it tough for part-time insurance agents to survive.
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- February 28 2017
AIA, Manulife among bidders for SCB insurance arm
Acquisition of Thailand’s Siam Commercial Bank is likely to be tagged the biggest ever acquisition of a South-East Asian insurer.
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- February 28 2017
Malaysia’s takaful industry posts double-digit growth
The Malaysian Takaful Association says 2016 represented another year of good growth for Islamic insurance.
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- February 24 2017
Singapore pushes for insurtech edge
The Lion City wants to become an insurtech hub, in line with a vision laid out in its Committee on the Future Economy.
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- February 24 2017
Thai life industry profits forecast to grow 6%
The Thai Life Assurance Association expects low interest rates to prompt a move into investment-linked products.
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- February 23 2017
Insurance initiatives among Apec agenda in Vietnam
Representatives from 21 economies acknowledged that Asia is among the areas most vulnerable to natural disasters.
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- February 21 2017
New AIA investment centre opens in Singapore
The unit will provide better management of internal funds to improve delivery of returns to policyholders.
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- February 20 2017
Malaysia crafts new privacy rules for banks, insurers
The act aims to protect data privacy and security by laying down codes of conduct in specific industries.
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- February 20 2017
Life revenues up 50% in Indonesia
The hike in total premium revenues was complemented by growth in bancassurance segment revenues.
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- February 17 2017
Malaysia market tipped to post higher growth in 2017
Hopes are high for the industry to post better growth this year as consumer confidence improves.
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- February 6 2017
Pru Life UK, GIZ tie up for Philippine initiative
The microinsurance partnership will address financial literacy and provide low-cost life insurance products.
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- February 3 2017
ACR completes acquisition of Malaysia units
The consolidation is part of a long-term strategy to enhance the operational efficiency of the ACR group.