Country: Asean Page 92 / 129
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- July 30 2018
Lombok earthquake kills 14 and damages over 1,000 homes
A 6.4 magnitude shallow earthquake and over 60 aftershocks has struck the Indonesian island.
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- July 30 2018
Indonesia postpones coal, crude oil export rule
The trade ministry has deferred a new rule that requires export shipments to use Indonesian insurance.
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- July 27 2018
Tough times as Qatar Re quits Singapore
The Bermuda-based reinsurer is hurting after nat cat losses, forced reserve increases and a diplomatic spat in the Gulf.
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- July 25 2018
Bao Viet posts highest revenue among Vietnam insurers
After Bao Viet, the market’s other major players include Daiichi, Prudential, Manulife and AIA.
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- July 24 2018
Qatar Re closes Singapore branch
The reinsurer has stopped writing new and renewal business in the city, with effect from July 20.
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- July 19 2018
Vouch Insurtech and six Thai insurers launch digital platform
The platform is called www.fairdee.co.th and seeks to support safer driving and diminish fraudulent claims
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- July 18 2018
Thailand’s general insurance premiums climb 4.1%
The growth was partly attributed to government policy encouraging investment and launching infrastructure projects.
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- July 18 2018
King Wai launches in Thailand following purchase from QBE
A rebrand of the general insurer follows its purchase from the Aussie insurance company earlier in the year.
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- July 17 2018
Vietnam’s insurance sector expands 24.4%
Insurers collected Vnd58.6tn (US$2.6bn) in premium, according to the Insurance Supervisory Agency.
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- July 16 2018
Hanwha Vietnam plans to raise capital by US$131m
The capital expansion makes it one of the largest life insurance companies in the country.
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- July 10 2018
Philippine pension fund ups rating requirement for reinsurers
The Government Service Insurance System will require bidders to have a credit rating of at least B+.
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- July 9 2018
Philippines reinsurer Nat Re posts US$3.8m underwriting profit
It was the fourth straight year that the reinsurer posted positive net income despite large global insured losses.
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- July 6 2018
Singapore life market posts double-digit growth
Job growth in the city is largely being fuelled by the insurance and fund management sectors, says MAS.
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- July 4 2018
AIA Cambodia and Amret sign bancassurance deal
The agreement was signed in time for the inauguration of Amret’s new headquarters in Phnom Penh.
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- July 3 2018
McLarens expands in Asia with Malaysian office
Veknesh Subramaniam will head the new Malaysian operation and assumes the title of general manager.
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- July 3 2018
Malaysian insurers look for support from new government
The country’s life insurers are hopeful that the industry will continue to be supported.
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- July 2 2018
Foreign divestments in Malaysia at advanced stage
Foreign insurance companies technically had until June 30 to comply with the foreign ownership cap.
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- June 29 2018
Bank Rakyat Indonesia revives plan to sell life insurance stake
Indonesia's most profitable lender is reportedly reviving a plan to sell a minority stake in Asuransi BRI Life.
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- June 26 2018
Insurers in Singapore likely to raise premiums after losses
Six insurers have suffered losses since the launch of Integrated Plans in November 2015.
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- June 25 2018
Vietnam’s biggest bank seeks insurance partner
Vietcombank is looking for a new insurance distribution partner in a deal that could be worth as much as US$1bn.
