Country: Asean Page 93 / 129
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- June 22 2018
IAG in Asia retreat
Earnings volatility has driven the Aussie insurer to exit its businesses in Thailand, Indonesia and Vietnam.
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- June 22 2018
Manulife signs distribution deal in Cambodia
The agreement with Sathapana Bank was signed at a ceremony attended by the finance ministry and central bank.
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- June 22 2018
AIA names three new executives for Malaysian unit
Andrew Loh (CMO), Heng Zee Wang (CFO) and Eric Chang (CEO) take up the new senior roles.
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- June 21 2018
Aon launches updated Thai flood model
The data focuses on the industrial estates heavily impacted by the 2011 floods.
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- June 15 2018
Philippine insurers ready to fund infrastructure projects
The government is relying on development financing, but the country's life insurers would like to get involved.
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- June 14 2018
Malaysia to further review ownership rules for foreign insurers
The review may result in the country's central bank deferring the requirement to cut ownership to 70%.
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- June 14 2018
Prudential gets nod to increase investment in Vietnam
It is raising its chartered capital to about US$181.8m after winning approval from the finance ministry.
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- June 11 2018
Japan helps Myanmar to develop insurance sector
The country's insurance sector is expected to get a major boost from Japanese know-how in crafting rules and products.
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- June 8 2018
Addressing Asia’s diabetes epidemic
Asia is suffering from an epidemic of diabetes, but products aimed at reversing diagnoses are entering the market.
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- June 4 2018
Takaful Malaysia converts its composite licence to allow split
The company is splitting into two entities, one focused on family takaful and one on general takaful.
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- May 30 2018
Allianz Malaysia net profit up nearly 30%
The increase was attributed to higher premiums from the motor business on the general insurance side.
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- May 28 2018
Malaysian Re partners with Argo Managing Agency
The partnership is strategic in nature and a key component of Malaysian Re's business transformation 2020.
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- May 25 2018
Singapore’s finance and insurance sector accelerates
The city-state’s life insurance industry recorded a 14% rise in weighted new business premiums in the first quarter.
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- May 25 2018
Philippines insurance sector logs 34% premium growth
Total premiums collected in the January-March period increased 34.4% to P76.64bn (US$1.46bn).
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- May 24 2018
Indonesia affirms 80% ownership cap on foreign insurers
Overseas insurers that control more than the cap will be allowed to continue to operate.
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- May 21 2018
Myanmar eyes insurance sector liberalisation
An investment official has hinted that it is likely to further open the industry to foreign investment.
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- May 18 2018
Does Mahathir herald change?
Malaysia’s foreign-controlled insurers are watching the new government for signs of change.
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- May 18 2018
Malaysian insurtech startup Jirnexu raises US$11m funding
The KL-based online financial services provider has secured additional investment from SIG Asia Investment.
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- May 15 2018
Pru asks KWAP to improve its offer for stake in Malaysia unit
The retirement fund's bidding price for the 30% stake was short of the UK-based insurer's expectations.
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- May 15 2018
Mirae Asset Life launches merged entity in Vietnam
Prevoir Vietnam Life Insurance is a 50:50 joint venture with French insurer Groupe Prevoir.
