Country: Asean Page 53 / 133
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- January 27 2022
Thai Group seeks to close Covid-hit Southeast Insurance
With the emergence of Omicron, the insurer sees no respite from a mountain of Covid claims.
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- January 26 2022
Typhoon Rai triggers US$52.5m cat bond payout for Philippines
Following a wind metric, another calculation for the World Bank instrument will look at precipitation.
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- January 25 2022
Malaysian Re renews voluntary cessions until end of 2024
The reinsurer helps support the Malaysian Aviation Pool and Malaysian Energy Risks Consortium.
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- January 24 2022
PVI Re sees record revenue and profits
The company is listed on the Hanoi Stock Exchange and celebrated its tenth anniversary last year.
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- January 20 2022
AIA Singapore appoints head of ESG
Leong Li Sun is the former corporate sustainability head at United Overseas Bank.
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- January 19 2022
Malaysia’s insurers continue to count costs of December floods
Crawford has dealt with over 1,500 claims and has been using virtual surveys during the pandemic.
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- January 17 2022
Singapore P&C recovery continues
Non-life premiums increased by 7.5% in Q3 2021 led by property, motor and cargo in pandemic bounce back.
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- January 14 2022
Fitch downgrades Indonesia’s Nasional Re
The rating agency cited potential volatility from its credit book which accounts for 26% of total GWP.
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- January 13 2022
Typhoon Rai triggers thousands of claims for Philippines’ adjusters
Major damage to a hospital, a grain silo firm and beach resorts will lead to millions of dollars in payouts.
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- January 13 2022
Insurtech Profile: bolttech
The firm's insurance exchange now spans 30 markets and it has ambitious plans for Asia expansion.
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- January 12 2022
Vietnam premium growth slows in 2021
Surging Covid cases during the second half of the year weighed on the non-life market yet again.
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- January 11 2022
Crawford appoints Philippines country manager
Manila-based Graham Tolentino is also a director of the adjuster's forensic accounting services.
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- January 7 2022
MS Amlin launches Phoenix 2 Re ILS vehicle
The vehicle is the firm's second Asia-focused reinsurance ILS offering and secured US$37.5m.
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- January 6 2022
Malaysia’s regulator issues digital licensing discussion paper
Central bank initiative has a proposed minimum capital requirement of US$9.5m and includes the takaful market.
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- January 6 2022
WTW appoints former Marsh adviser as head of Indonesia
Kameswara Natakusumah joined the broker at the beginning of January in Jakarta.
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- January 5 2022
Miller hires former Howden director to lead marine practice
Nick King joined the specialist broker this week and is based in Singapore.
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- January 3 2022
Tokio Marine appoints Asia CEO
Masahito Hirai has switched from the firm's Malaysia operations to be based in Singapore.
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- December 31 2021
China Life (Overseas) eyes Asia expansion: Moody’s
The Shenzhen-based SOE already has operations in Hong Kong, Macau, Singapore and Indonesia.
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- December 31 2021
Philippine broker premiums hit US$1.44bn in 2020
Aon topped the list placing around US$260m in premiums followed by Marsh, BDO Insurance and Lockton.
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- December 30 2021
Malaysia’s life, takaful firms offer flood relief measures
Grace periods for premium and contribution payments will be extended from the usual 30 days to a longer timeframe.
