Country: Asean Page 93 / 131
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- September 3 2018
Malaysia eyes 4% insurance penetration in two years
Sales are healthy among the rich, but the goal is to increase protection among rural and poorer populations.
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- August 30 2018
FWD to buy HSBC stake in Malaysian insurer
The Hong Kong-based insurer will buy a 49% stake in HSBC Amanah Takaful in Malaysia.
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- August 24 2018
Malaysia eases pressure on foreign insurers
The country’s new central bank governor has said she will adopt a more flexible approach to divestment.
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- August 24 2018
Allianz PNB Life eyes microinsurance business in Philippines
The venture plans to target the country’s protection gap by providing cover where it is needed to protect customers.
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- August 24 2018
MetLife appoints new president for Asian operations
Kishore Ponnavolu, who is currently head of auto and home business in the US, will relocate to Hong Kong.
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- August 24 2018
Markel appoints professional and financial risks underwriter
Gordon Lam joins from Beazley and will be based in Singapore initially and is expected to relocate to Hong Kong.
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- August 22 2018
Khazanah sells Turkish insurer to Bupa
The Malaysian sovereign wealth fund has sold Acibadem Sigorta for an undisclosed amount.
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- August 21 2018
Malaysia loosens divestment rule for foreign insurers
The central bank has said the deadline for compliance will be decided on a bilateral basis.
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- August 17 2018
Philippines Nat Re names new head
Allan Rossi Santos replaces Augusto Hidalgo, who is pursuing new career opportunities.
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- August 17 2018
Etiqa Takaful seeks to expand further into Asean
The move aims to boost its takaful and general insurance brand within the region.
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- August 15 2018
Vietnam’s premiums up 30.8% in seven months
The industry has maintained steady annual growth of more than 30% for the past few years.
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- August 14 2018
Singapore life market sees 20% premium rise
Growth is attributed to an uptake in both single and annual premium products in the first six months of the year.
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- August 7 2018
Philippines not ready for takaful
The Insurance Commission has said that the country is not yet ready to introduce Islamic insurance.
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- August 7 2018
Thai non-life sector faces profit squeeze
Margins could be constrained by intense pricing competition following premium deregulation.
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- August 3 2018
Labuan IBFC eyes further growth in captive business
The centre has already approved another four captives this year, compared to six in the last financial year.
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- August 3 2018
FWD considering Singapore IPO?
Hong Kong billionaire Richard Li is reportedly weighing the possibility of listing away from home.
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- August 2 2018
Thai life assurance firms report 5% growth in premiums
Business was up 5% from the previous six months, according to the Thai Life Assurance Association.
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- August 1 2018
FWD eyes dual-class IPO in Singapore
The group is reportedly considering an offering in the Lion City as an alternative to listing in Hong Kong.
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- July 30 2018
Goh joins Axa executive committee in Singapore
Adrian Goh joined this month as chief risk and compliance officer, replacing Bruno Pinson.
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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.
