Country: Asean Page 118 / 129
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- February 5 2016
Philippine government taps insurance funds for projects
New regulations are needed to facilitate investments by the sector in PPP infrastructure projects.
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- February 4 2016
Indonesia’s legislators seek limits on foreign ownership
No decision yet on threshold, says OJK, but existing majority owners are hoping for an exemption.
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- February 4 2016
Asia United Bank seeks bancassurance partners
Bank's president says that potential partners have approached the bank for a possible deal.
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- February 2 2016
New players to boost Philippine sales to US$6.3bn in 2016
The Insurance Commission is forecasting ambitious premium income growth of 28% this year.
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- February 2 2016
Indonesian firms target country’s 88 million internet users
With just 2.5% insurance penetration, more companies are going online to win customers and boost premiums.
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- February 1 2016
Malaysia forecast to spend US$20bn on healthcare by 2020
The expected rise is due to chronic diseases, healthcare costs and the declining value of the the ringgit.
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- February 1 2016
Indonesia to limit foreign ownership to 30%
The country's insurance regulator announced its latest protectionist measure to reporters on Friday.
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- January 29 2016
Thailand’s life industry to grow at least 10% this year
A government stimulus packages launched during the fourth quarter of last year will provide a boost.
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- January 29 2016
Malaysia’s first takaful firm posts double-digit profit rise
The growth was attributed to higher sales from both family and general takaful businesses.
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- January 29 2016
JLT launches first renewable energy cover in the Philippines
Policy offers security to small and mid-sized renewable energy developers against project risks.
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- January 28 2016
Philippines posts record premium growth in 2015
Premium income grew by 18.5%, amounting to US$4.85 billion, the Insurance Commission said.
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- January 27 2016
Chubb names country heads for HK, Singapore, Korea
The announcement is part of a re-branding after the acquisition by ACE, which closed this month.
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- January 25 2016
Milliman to open third South-East Asia office in KL
The office will offer employee benefits, life, non-life, and health insurance consulting services.
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- January 20 2016
Dai-ichi Life in distribution deal with Vietnam Post
Japan's third-largest life insurer will sell its products exclusively at branches of state-run Vietnam Post.
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- January 20 2016
QBE appoints Anthony Cloney to head Vietnam
A QBE veteran, he will be responsible for developing and steering strategic initiatives in the country.
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- January 19 2016
Malaysia market forecast to stay flat this year
Stagnant economic outlook for 2016 is expected to take a toll on the country's insurance industry.
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- January 19 2016
Philippine nonlife industry outperforms in 2015
From January to September 2015, net income in the nonlife insurance sector grew 122% to US$76m.
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- January 19 2016
Thailand to ease foreign investment rules
Foreign investors will no longer need approval to hold more than 50% in the country's local insurers.
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- January 18 2016
EastWest Ageas Life wins Philippines licence
Joint venture between EastWest Bank and Ageas has been approved by the Insurance Commission.
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- January 13 2016
AIA says Philippine business will be one of its top units
CEO Mark Tucker cited the growing economy and low penetration rate as reasons for optimism.
