Country: Asean Page 116 / 129
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- April 4 2016
Philippine premium income up 18.71% in 2015
Total premium income reached US$4.86 billion last year.
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- April 4 2016
Malaysia’s insurance, takaful sectors expect only moderate growth
Uncertainties in the financial markets and a challenging landscape seen as factors
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- April 1 2016
Singapore cyber demand to increase 50% this year
More businesses in Singapore are looking to protect themselves from cyber breaches, says AIG.
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- April 1 2016
Health expenditure in the Philippines tops US$11bn
More than 50% of the total comes from personal expenditure by Filipino consumers not covered by insurance policies.
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- March 31 2016
Thailand mulls mortgage insurance to cut credit risks
The finance ministry has asked the ADB to help study its plan to reduce credit risk and allow lenders to expand credit.
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- March 30 2016
Indonesian life insurers bullish on 2016 premium growth
Despite a weak local economy, life premiums are forecast to grow by about 15% — more than double last year's rate.
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- March 29 2016
Sun Life acquires full control of Indonesian JV
The US$42m deal, which is expected to close by September, gives it full control of CIMB Sun Life.
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- March 22 2016
Cambodia sets new regulations for life insurance sector
Growth in the sector has pushed the regulator to adopt laws and procedures to comply with rules in the region.
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- March 21 2016
World Bank support for Vietnam’s healthcare goal
The programme to assure local access to medical services has received the full support of the bank.
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- March 21 2016
Manulife Indonesia launches sharia-compliant life product
The product is being launched in partnership with Islamic lender Bank Muamalat to widen its customer base.
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- March 21 2016
Dubious travel insurance claims on the rise in Singapore
The General Insurance Association of Singapore is partnering with specialists to target cheats.
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- March 18 2016
Singapore posts 2.6% general insurance growth
However, increased competition and an economic slowdown in the city-state dragged margins down.
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- March 16 2016
Life coverage in Malaysia insufficient, says industry group
Penetration may be high, but majority of the covered population is under-insured according to LIAM.
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- March 15 2016
Myanmar poised to grant licences to European firms
Euro insurers will be allowed into a special economic zone after operating in Myanmar for at least three years.
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- March 14 2016
Zuellig eyes 49% stake in FPG Insurance Thailand
The company says Thailand offers huge potential because of its comparatively low insurance penetration.
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- March 14 2016
Hiscox selling DirectAsia business in HK
The specialty insurer will focus on its operations in Singapore and Thailand, where it sees greater growth opportunities.
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- March 11 2016
Asean offers big potential for Vietnamese firms
An official at the country's finance ministry says the Asean Economic Community will provide substantial opportunities.
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- March 11 2016
Singapore urges life insurers to improve services
The Monetary Authority of Singapore wants to see service standards that meet consumer expectations.
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- March 11 2016
Thailand considers making crop insurance mandatory
The government wants to protect the country's farmers from the impact of natural disasters.
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- March 10 2016
CNA Hardy sets up underwriting division on Lloyd’s China
The company will be focusing on property treaty, construction, marine, casualty and on developing new lines of business.
