Country: Asean Page 116 / 141
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- May 10 2017
Philippines raises investment limit for pre-need firms
According to the insurance commissioner, the investment threshold has been increased by 2% under the Pre-Need Code.
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- May 10 2017
Singapore’s life insurance coverage up by 10%
The encouraging first-quarter performance reflects the Lion City’s efforts to narrow the protection gap.
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- May 10 2017
AIG names Claudia Salem as Singapore CEO
Succeeding Matt Harris, she will also become head of country operations for South-East Asia.
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- May 9 2017
Samsung Fire & Marine buys 20% of Vietnamese insurer
The Korean insurer will buy the stake in PJICO from Vietnam’s largest petrol dealer for US$23.4m.
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- May 5 2017
Two new life insurers enter Cambodia
Bangkok Life Assurance launched operations this week, while AIA is set to debut today.
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- May 4 2017
Insurers protected from local governments in the Philippines
Licensed insurance companies should not be hindered from doing business by local governments, says official.
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- May 3 2017
Philippine life market growing at rapid pace
The sector is expected to register one of the fastest growth rates among emerging markets over the next nine years.
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- May 2 2017
Labuan records US$1.4bn rise in premiums
Last year also saw the highest underwriting margin since 2012 due to the higher premiums and lower claims.
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- April 28 2017
Startup Singapore Life raises US$50m in funding
The Series A funding round is led by Hong Kong-listed Credit China FinTech and UK-based investment firm IPGL.
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- April 27 2017
Allianz and HSBC fail to reach Malaysia deal
The German insurer's bid to buy HSBC Amanah Takaful has ended after the camps failed to find agreement.
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- April 27 2017
Lloyd’s collaborates with marine groups in Singapore
The collaboration aims to enhance understanding of the insurance sector in marine industry.
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- April 27 2017
Philippines urged to follow UK reinsurance probe
A senior insurance executive has asked the regulator to take a closer look at foreign reinsurance brokers.
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- April 24 2017
Aviva acquires entire shareholding in Vietnam JV
The former joint venture with VietinBank is now a wholly owned subsidiary of the British insurer.
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- April 21 2017
Hong Kong plays catch-up with Singapore
The city is facing a serious challenge and is lagging behind its competitors in many areas. Can China come to its rescue?
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- April 20 2017
Swiss Re to set up Asia headquarters in Singapore
The reinsurer intends to establish a new entity that will serve as its headquarters for regional reinsurance operations.
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- April 20 2017
FWD in talks to buy SCB life insurance unit
The potential US$3bn deal would be the largest insurance M&A transaction in South-East Asia.
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- April 18 2017
Axiata Digital closes US$16.8m investment in Swedish startup
Insurtech player Bima brings microinsurance services to underserved families in emerging markets.
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- April 7 2017
Philippines terrorist threat remains high
While an improved economy has reduced the ranks of unemployed people for terrorists to recruit from, risks remain high.
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- April 7 2017
Dai-ichi Life seeks higher market share in South-East Asia
The Japanese insurer has been aggressively pursuing business opportunities in the region.
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- April 6 2017
Vietnam simplifies approval of life products
A new regulation means life insurance companies will find it quicker and easier to get product approvals.
