Country: Asean Page 64 / 143
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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.
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- December 29 2021
Malaysia’s insurers face US$715m flood bill
The country's P&C players have also created a relief fund for motorists in the wake of Super Typhoon Rai.
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- December 21 2021
Philippine regulator urges insurers to fast-track Typhoon Rai claims
Insurance Commission head Dennis Funa says there has been widespread damage from landslides and flooding.
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- December 20 2021
Allianz Malaysia appoints new chief executive
Sean Wang will replace the outgoing Zakri Khir who is retiring at the end of the year.
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- December 17 2021
Tugu Re’s CR up on overseas, health claims: Fitch
The reinsurer's non-life combined ratio increased to 107.5% by the end of September after averaging 105.2% between 2018-20.
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- December 15 2021
Vietnam courts foreign insurance capital
Clarified ownership rules and government divestment plans have created new opportunities.
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- December 10 2021
Malaysian Re posts improved underwriting results: AM Best
The reinsurer plans to expand into non-traditional products, new markets and distribution channels.
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- December 9 2021
Labuan Re faces GWP decline amid Lloyd’s rollback: AM Best
The rating agency also upgraded its outlook for the Malaysian reinsurer from negative to stable.
