Country: Asean Page 163 / 164
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- May 13 2015
Malaysia’s AIA names first woman CEO
Anusha Thavarajah to be named as new CEO, taking over from Bill Lisle.
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- May 13 2015
S Korea’s Dongbu Insurance enters market in Myanmar
South Korean insurer to offer non-life insurance services with the opening of office in Yangon.
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- May 12 2015
Bank Negara Malaysia inks IAIS exchange agreement
BNS Governor Dr. Zeti Akhtar Aziz confirmed the development in a statement.
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- May 12 2015
Dai-ichi Life signs bancassurance deal with Vietnam’s HDBank
Both parties pledge to develop strategic cooperation between Vietnam's banking and insurance sectors.
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- May 12 2015
Generali Asia enters Malaysia after acquiring stake in local insurer
Acquisition marks Generali's entry into the Malaysian non-life market.
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- May 11 2015
Thai insurers may lower rates as slow economy hits profits
General insurance industry was expected to grow by just 5% this year.
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- May 11 2015
Bank Rakyat Indonesia seeks life insurance partner
Plans to set up an insurance unit in which it will hold a majority stake.
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- May 9 2015
Singapore’s life insurance business edges down in Q1
Surge in single-premium products attributed.
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- May 7 2015
Malaysia’s first Internet insurance platform launched
Company is confident that the online insurance platform will help increase the life insurance penetration rate in Malaysia.
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- May 7 2015
Vietnam considers criminalising social, health insurance avoidance by employers
Uncollected social insurance payments reached VND7.279tr (US$336m) at the end of last year.
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- May 6 2015
Malaysia’s Tune Ins to buy controlling stake in Indonesian insurer
Acquisition in line to expand insurance business to other markets in Southeast Asia.
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- May 6 2015
Manulife to open 18 branches in the Philippines, eyes raising market share
10 branches to be opened this year and a further eight scheduled in 2016.
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- May 1 2015
Maybank Ageas seeks to acquire insurance firms in Indonesia, Philippines
Discussions have been taking place with a number of parties for possible acquisitions.
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- May 1 2015
Thailand expands crop insurance program to help rice farmers
Budget for compensation of insured rice fields set at THB476m (US$14.5m).
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- April 30 2015
Vietnam life insurance industry’s growth hits 5-year high
Total premiums, VONB and number of contracts signed surge.
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- April 29 2015
Global experts to discuss disaster insurance coverage
APEC meeting also looks at strategies to widen the penetration of micro-insurance products.
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- April 28 2015
Korea’s Hanwha Life seeks to hire 650 more consultants in Indonesia
Additional outlets planned as more Korean Life Insurance Companies look to expand overseas.
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- April 27 2015
Philippine nonlife insurance industry’s net income rises in 2014
A decline in frequency and severity of natural calamities attributed.
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- April 27 2015
Bank Negara approves Malaysian Re’s general and family retakaful business
Plans to undertake an internal restructuring for its retakaful business.
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- April 23 2015
Philippine National Bank seeks US$500m in sale of life insurance stake
Possible investors could come from Japan and Taiwan.
