Country: Asean Page 51 / 129
-
- December 6 2021
Malaysia’s takaful players on ‘value-based’ journey: regulator
Regulator notes how policyholders were offered deferments during the pandemic.
-
- December 3 2021
Labuan’s captive market shows strong growth
Buoyed by the hard market, Labuan recorded US$71m in premiums and approved 18 new captives by the end of Q3 2021.
-
- December 3 2021
Malaysia’s Lonpac gets lockdown boost: AM Best
Movement restrictions during the pandemic led to lower loss ratios for some business lines.
-
- December 2 2021
Chubb makes Singapore senior personal lines appointment
Tulio Puente will report to Scott Simpson, country president for Chubb in Singapore.
-
- December 2 2021
Indonesia’s Tugu ‘dominates’ energy, aviation and marine: AM Best
The company has "high reinsurance usage" to support the underwriting of large commercial risks.
-
- December 2 2021
AIA appoints former Sun Life president as Asia chief
Leo Grepin will also lead group strategy and corporate development effective January 3.
-
- December 1 2021
Thai insurers face big Covid losses
Cheap Covid-19 products have resulted in a surge in claims after cases spiked in August.
-
- November 30 2021
Malaysia takaful premiums show strong H1 growth: MTA
Despite Covid-19 challenges, the family takaful market — which includes life — saw 46.7% annual premium growth to US$1.1bn.
-
- November 29 2021
Reinsurance broker Richmond expands into Taiwan
Taipei-based Kevin Kuo has been appointed CEO of the new subsidiary ahead of the January 2022 renewals.
-
- November 29 2021
Mitsui takes majority control of Pana Harrison (Asia)
The Singapore-based (re)insurance broker will change its name to Mitsui Bussan Pana Harrison.
-
- November 25 2021
Indonesia’s Wahana Tata faces Covid rules hit: Fitch
The insurer's COR averaged at 97% between 2018-20 due to reduced motor claims following travel restrictions.
-
- November 22 2021
Indonesia’s non-life insurers see Q3 slump
Income fell by 16% during the third quarter after a Covid surge in July.
-
- November 19 2021
Q&A: Aon’s George Attard on growth, ILS and insurtech
The broker's APAC reinsurance chief expects to see new cat bond sponsors execute transactions over the next twelve months.
-
- November 17 2021
China, India and Indonesia to see non-life headwinds: AM Best
The rating agency said in a SIRC briefing that Covid-19 and low interest rates are common causes.
-
- November 17 2021
SIRC 2021: Pandemic BI cover needs ‘government support’
Experts say (re)insurers do not have the balance sheets to sustain the magnitude of Covid-19 losses.
-
- November 16 2021
SIRC 2021: Break siloes to harness Asia cat data
As the volume of data rises, experts say overcoming internal company challenges will be the key to effective usage.
-
- November 16 2021
Gallagher senior appointments target Asia growth
Thomas Wang and Leng Leng Ng take on leadership roles for North Asia and Singapore.
-
- November 16 2021
Health, personal accident drive Vietnam’s non-life market: AM Best
Intense competition and poor pricing conditions have prompted some insurers to reassess their motor business.
-
- November 15 2021
SIRC 2021: Lloyd’s chair calls for action on sustainability
Bruce Carnegie-Brown says measured but urgent action will help mitigate the region's multiplying risks.
-
- November 15 2021
SIRC 2021: Singapore finance minister backs ILS
Lawrence Wong also urged delegates to act on climate change and support the nascent cyber market.
