Country: Asean Page 119 / 133
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- April 25 2016
Philippines tightens rules on pre-need, health insurance
The regulatory tightening follows a shortage in the trust fund of a local pre-need company.
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- April 22 2016
AIA bullish on Philippines despite low penetration
Insurance penetration has slowed to a growth rate of less than 2% during the past seven years.
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- April 18 2016
Generali Group strengthens Thai operations
The company plans to boost its premium income tenfold, to become one of Thailand’s top 10 players.
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- April 14 2016
Sompo nears US$200m bancassurance deal with CIMB
The 10-year deal will allow the company to distribute general insurance products through CIMB's branches across Asia.
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- April 14 2016
Tokio Marine Life Singapore to name new CEO
Lance Tay is reportedly stepping down on May 31 after steering the business to MAS Tier 1 Significant Insurer status.
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- April 12 2016
Newline appoints new Asia leadership
The London-headquartered insurer has announced new appointments to its Singapore team.
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- April 12 2016
Malaysian takaful firms outperform Mid-East counterparts
The country's Islamic players are earning significant profits thanks to lower loss ratios.
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- April 8 2016
XL Catlin promotes David Guest to lead Singapore business
In addition to responsibility for Singapore, he will retain his current role as regional leader for crisis management.
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- April 6 2016
AXA Philippines completes acquisition of Charter Ping An
The acquisition allows it to offer the full spectrum of financial protection to customers in the country.
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- April 5 2016
Australia’s Honan enters Malaysia
The Australian owned and operated broking company has entered a strategic relationship with local broker Hayat.
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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.
