Country: Asean Page 128 / 156
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- September 8 2017
Higher profits for Malaysia’s insurance, takaful firms
Traditional and Islamic insurers in the country are beginning to see a silver lining after a period of dreary results.
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- September 6 2017
XL Catlin strengthens Asia casualty capability
Elishe Quek and Alice Chong join as casualty underwriters from AIG to take up positions in Singapore and Hong Kong.
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- September 5 2017
Chubb appoints two Asia-Pacific cyber executives
Andrew Taylor in Sydney and John DePeters in Singapore take up new regional cyber underwriting roles
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- September 5 2017
Largest Philippine HMO in trouble over capital
Caritas Health Shield to raise fresh capital after allegations it has US$136m deficiency in its actuarial reserves.
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- September 4 2017
Premiums up 21% in Cambodia
Total gross premiums surged to US$68m during the first half of the year, driven by the life sector.
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- September 1 2017
Aviva Asia launches Vietnam subsidiary
The insurer considers Vietnam a market with high growth potential and Asia as a region of strategic importance.
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- August 31 2017
Singapore sees first digitised direct insurance broker
Startup app PolicyPal will begin operating under its subsidiary BaoXianBaobao this week.
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- August 31 2017
Willis Towers Watson hires P&C consulting head for S Asia
David Maneval will be responsible for developing the non-life insurance consulting practice across Singapore, Thailand, Indonesia, Malaysia and Vietnam.
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- August 30 2017
Prudential, Great Eastern name new Singapore hires
Roy Lim becomes chief agency officer for Prudential while Wee Ai Ning is promoted to CIO at Great Eastern.
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- August 28 2017
Philippine brokerage activities show modest hike
Premium income reached US$994m in 2016, representing an increase of 2.46% from 2015.
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- August 25 2017
JLT and Munich Re launch Philippines parametric product
The two companies will jointly develop and offer an insurance solution to cover typhoon risks.
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- August 25 2017
Mitsui Sumitomo to buy Singapore’s First Capital
The deal will see it pay US$1.6bn to the existing owner, Canada's Fairfax Financial Holdings.
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- August 24 2017
Tokio Marine & Nichido Fire enters Cambodian market
The Japanese insurer has established a representative office in the capital Phnom Penh and will start operations year end.
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- August 24 2017
Lazada, AIG forge online cover deal in Malaysia
South-East Asia's biggest e-commerce platform has teamed up with AIG to sell insurance on its platform.
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- August 23 2017
Chubb names new Singapore financial lines head
Johannes Gschossmann will lead day-to-day management of the portfolio, including all underwriting and market-related activities.
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- August 23 2017
Philippines social security seeks private insurers
The state-run programme is planning to tap private companies to insure 35 million of its members.
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- August 22 2017
Malaysia urged to regulate healthcare fees
Authorities have called on industry players to address the issue of escalating inflation of medical insurance.
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- August 22 2017
Philippine insurers to submit regular reports to IMF
The submissions are intended to enhance data transparency and promote sound statistical systems.
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- August 18 2017
Philippines launches parametric disaster programme
The pilot scheme will provide parametric disaster coverage for 25 at-risk provinces in partnership with World Bank.
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- August 18 2017
Bank Negara on captives
Governor Muhammad bin Ibrahim gave the keynote address at the Asian Captive Conference 2017 in Kuala Lumpur.