Country: Asean Page 119 / 154
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- May 15 2018
Pru asks KWAP to improve its offer for stake in Malaysia unit
The retirement fund's bidding price for the 30% stake was short of the UK-based insurer's expectations.
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- May 15 2018
Mirae Asset Life launches merged entity in Vietnam
Prevoir Vietnam Life Insurance is a 50:50 joint venture with French insurer Groupe Prevoir.
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- May 14 2018
Singapore life insurers post 14% rise in Q1 sales
Linked policies recorded the highest growth, up 82% from the same period last year.
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- May 10 2018
Sun Life Philippines CEO to retire in June
After 26 years with the firm, Riza Mantaring is retiring and will be succeeded by Benedict Sison.
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- May 9 2018
Philippines open to joining Asean catastrophe pool
The country is particularly vulnerable to natural disasters and stands to benefit from regional risk pooling.
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- May 9 2018
Insurance analytics market to double by 2023
Rapid adoption of data-driven decision-making processes is expected to drive annual growth of 12.5%.
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- May 9 2018
Philippines insurers told to lead ‘fourth industrial revolution’
The country's finance secretary urged the industry to rethink how it does things and how it makes products.
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- May 8 2018
Malaysian Re licences AIR catastrophe modelling platform
The company is deploying the solution to support its reinsurance operations for a broad range of risk management solutions.
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- May 7 2018
Three Singapore insurers fined for data breach
Aviva, NTUC Income Insurance Cooperative and AIG were fined for alleged inadvertent disclosures.
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- May 3 2018
Pru Life signs Philippines bancassurance deal
Regulators have given the green light for the proposed bancassurance tie-up with Robinsons Bank.
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- April 30 2018
Zurich discussing US$100m IPO of Malaysian life unit
The Swiss insurer may opt to comply with 30% local ownership rule through an initial public offering.
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- April 25 2018
Ex-AIA exec joins HSBC Insurance
Alistair Chamberlain, former chief financial officer of AIA, has joined as global head of product and actuarial.
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- April 24 2018
Malaysia’s KWAP set to close insurance acquisition
The retirement fund's chief executive said the fund is currently talking with two foreign insurers.
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- April 23 2018
Talanx to up stake in PetroVietnam Insurance
A unit of the German company plans to raise its ownership in the state-owned insurer to at least 49%.
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- April 20 2018
Malaysia first
Foreign insurers have until the end of June to cut their ownership to 70%, but local buyers are scarce.
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- April 20 2018
Maybank eyes listing of its insurance arm Etiqa
The rumoured sale is estimated by some analysts to be worth at least US$1 billion but remains unconfirmed.
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- April 17 2018
Maybank bullish on Etiqa’s future
The insurance and takaful arm of Maybank is expected to see a boost as a result of increasing interest rates.
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- April 17 2018
No alternatives, Malaysia tells foreign insurers
They will have to fulfil their commitment to sell 30% of their operations to local shareholders by June 30.
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- April 13 2018
Cathay Life’s move on Bank of Nova Scotia’s Malaysian unit fails
The Taiwanese financial group did not give details on why the deal fell through, but said it wasn't about price.
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- April 12 2018
Beazley appoints Asia-Pacific head
Lucien Mounier will oversee growth opportunities in the region for its portfolio of specialist insurance products.
