Country: Asean Page 114 / 133
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- September 23 2016
Singapore’s commission-free life policies slow to sell
Sales have been poor since the products were launched in the Lion City in April last year.
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- September 21 2016
Lloyd’s seeks reinsurance licence in Malaysia
Chairman John Nelson is hopeful that Bank Negara Malaysia will approve the application by November.
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- September 8 2016
Malaysian life premiums grow strongly in first half
New business-weighted premiums were up by 20.8% during the first six months of 2016, according to LIAM.
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- September 7 2016
CIMB and Sompo sign partnership deal
The agreement will allow CIMB to sell Sompo's non-life products, including travel and motor insurance.
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- September 6 2016
Indonesian insurer eyes one million clients by 2017
Finansial Wiramitra Danadyaksa hopes to engage one million clients in its new single premium life insurance.
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- September 2 2016
Singapore introduces new rules on premium payments
The clearer rules are expected to lessen claim disputes between insurers and customers.
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- September 1 2016
Philippine deposit insurer issues warning
The insured status of institutions that engage in unsafe deposit-related banking practices will be terminated.
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- September 1 2016
Tokio Marine eyes RHB’s general insurance unit
The deal is estimated to be worth up to US$500m, based on a price of around three times book value.
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- August 31 2016
HMOs want to renegotiate Philippines guidelines
An industry group says the new requirements are too stiff given that this is the first time they are being imposed.
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- August 30 2016
Players urged to tap under-served takaful market
Penetration rates for takaful remain lower compared to the traditional insurance market.
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- August 26 2016
Malaysia’s general insurance industry grows 3%
The industry generated premium income of US$2.3b for the first six months this year, said PIAM.
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- August 24 2016
Malaysia’s Islamic insurers eye European markets
The continent's swelling Muslim population presents a long-term opportunity.
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- August 23 2016
Singapore to improve ElderShield
The enhancement will complete the strengthening of Singapore’s social safety net during the past decade.
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- August 23 2016
Malaysia’s employment insurance needs more study
More research is needed before the scheme can be implemented across the country.
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- August 22 2016
Chubb names new Singapore head
Adam Clifford becomes country president for general insurance in Singapore, subject to regulatory approval.
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- August 19 2016
No slowdown in Indonesia’s regulatory zeal
The president has approved plans to create holding companies for state-owned enterprises, eventually including entities for insurance.
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- August 18 2016
Philippines to develop new mortality table
The regulator will develop an updated table consistent with current underwriting and marketing practice.
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- August 18 2016
Vietnam sets social and health insurance targets
The country is aiming for at least 50% of the population to have social insurance coverage by 2020.
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- August 17 2016
Price war looms after Malaysian tariff liberalisation
Increased competition means only well-capitalised companies are expected to withstand the heat.
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- August 16 2016
Malaysian developers seek project insurance
Sabah real estate companies have urged insurers to come up with a new insurance solution.
