Country: Asean Page 118 / 133
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- May 19 2016
Vietnamese insurers told to gear up for AEC and TPP
The country's legal framework for the sector is outdated and incomplete, and the industry lacks good governance, says one critic.
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- May 18 2016
Singapore insurers told to boost sale of cyber policies
With penetration at less than 10%, local insurers have been urged to look to cyber risk management for growth.
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- May 17 2016
Sun Life Grepa sees record growth in the Philippines
The Philippine joint venture insurance company posted premium income up 44% year-on-year in 2015.
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- May 16 2016
Malaysian consumers ask for more protection on claims
Lack of effective guidelines covering accident insurance claims has resulted in many policyholders being defrauded.
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- May 13 2016
Berkley sets up insurance unit in Asia
Berkley Insurance Asia will offer specialty commercial coverage to clients in North and South-East Asia.
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- May 13 2016
Tokio Marine raises stake in Vietnamese JV
The Japanese insurer is raising its stake in Bao Viet Tokio Marine Insurance to 51% from 49%.
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- May 12 2016
Philippine government sells National Life
The insurance regulator has approved the sale to a consortium of Filipino businessmen for US$23 million.
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- May 12 2016
Singapore life industry’s premiums up 5% in Q1
The steady growth of direct purchase insurance products has attracted S$730,000 in premiums since launch in April 2015.
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- May 12 2016
Allianz buoyed by demand for sharia policies in Indonesia
Allianz Life Syariah posted a 7.2% gross premium income increase in 2015, rising to US$56 million.
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- May 11 2016
EastWest buys StanChart’s Philippine insurance unit
Assurance Solutions Insurance Agency was set up in 2012 to provide marketing and sales services for Standard Chartered.
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- May 10 2016
Tokio Marine Life names new Singapore CEO
Industry veteran James Tan Lai Hing is taking over from the outgoing CEO Lance Tay, effective June 1.
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- May 6 2016
AIA bullish on the Philippines
The CEO of its joint venture in the country cited low penetration and the expanding middle class as substantial opportunities.
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- May 6 2016
Malaysia seeks cover for retrenched workers
The government has proposed a scheme that will aim to help workers who have lost their jobs.
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- May 3 2016
Great Eastern drags down OCBC’s Q1 profit
Losses in the investment portfolio of its insurance arm led to a 14% decline in net profit for the first quarter.
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- May 3 2016
Allianz hit by Indonesia’s troubled life market
Huge challenges in the country's life market have taken a toll on the German insurer's gross premium income.
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- April 29 2016
A window of growth in Malaysia’s Islamic market
Demand in Asia’s biggest takaful market is growing at multiples of the conventional industry.
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- April 29 2016
Zurich to take over Malaysia’s MAA Takaful
The deal proposed in November 2015 has won regulatory approval from the country’s central bank.
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- April 28 2016
SEG aims for third spot in Thai market
Southeast Insurance and Financial Group is aiming to become one of the country's top three players.
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- April 28 2016
Vietnam plagued with malware
The country continues to be targeted by hackers linked to the political dispute over the South China Sea.
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- April 26 2016
Indonesia mandates greater allocation to bonds
Domestic pension funds and insurers will be required to invest a minimum of 20% of their assets in bonds.