Country: Asean Page 116 / 140
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- March 29 2017
Myanmar opens special economic zone to global insurers
All foreign insurers with local representative offices will be eligible to apply for a licence in the SEZ.
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- March 28 2017
Vietnam seeks to expand health insurance coverage
With a growing elderly population, the government aims to bring the country’s insurance coverage to 100% by 2030.
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- March 21 2017
MyCC issue a misunderstanding, says AIA
AIA Malaysia has defended itself from allegations it participated in an anti-competitive agreement in the country.
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- March 17 2017
Berjaya Sompo appoints new CEO
The Malaysian insurance company has appointed Tan Sek Kee as its new chief executive officer.
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- March 17 2017
ADB to expand disaster support for Philippines via insurance
The Asian Development Bank is exploring disaster insurance options for one of the countries most vulnerable to natural disasters.
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- March 16 2017
Vietnam’s life sector posts record-high growth
Total life insurance premiums in the first 10 months of last year grew at 37%, the highest in a decade.
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- March 16 2017
Indonesia urges insurers to buy government securities
The Financial Services Authority says insurers should help offset the deficit in the state budget.
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- March 15 2017
Singapore’s general insurers hit hard in 2016
Domestic and external headwinds cut growth to a mere 0.6%, according to the General Insurance Association.
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- March 15 2017
Indonesia approves two new reinsurance brokers
The Financial Services Authority has issued operational licences to JLT Reinsurance Brokers and Inare Proteksi International.
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- March 14 2017
Filipinos with microinsurance cover up 8% in Q4
Microinsurance, which offers coverage of P10,000 (US$200) to policyholders, continues to make waves in the Philippines.
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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.
