Country: Asean Page 95 / 129
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- March 27 2018
Malaysia to revise takaful framework
The new approach aims to create an environment that fosters innovation, according to the central bank.
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- March 27 2018
Foreign majors seek ownership rule review in Malaysia
AIA, Great Eastern, Prudential and Tokio Marine say they are struggling to find suitable local partners.
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- March 22 2018
Etiqa reports record profits for 2017
The Malaysian insurer said its pre-tax earnings reached a record US$280m, up 18.5% from 2016.
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- March 21 2018
JLT Re appoints new head of treaty business in Asia
Vinod Krishnan will be responsible for building the company’s treaty reinsurance offering in Korea and South-East Asia.
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- March 20 2018
Allianz expands entertainment insurance to Asia
Damian Kerin, head of entertainment for Asia Pacific, is overseeing the Singapore launch.
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- March 19 2018
PolicyPal raises $20m from ICO
The Singapore insurtech startup raised 23,809 ethereum tokens through its initial coin offering.
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- March 19 2018
Japan to help develop Myanmar’s insurance sector
Prime minister Shinzo Abe made the commitment during the Myanmar-Japan Joint Economic Conference.
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- March 19 2018
Rescue plan for Indonesian life insurer collapses
Evergreen's planned rescue of the embattled Bumiputera has failed after disagreements over funds.
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- March 16 2018
Singapore’s LIA adopts new measures on incentives
The proposals cover sales targets, sign-on incentives and the monitoring of representatives.
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- March 16 2018
Singapore suffers first motor loss in seven years
The number of motor accidents increased to its highest level in 2016, resulting in claims of S$60m.
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- March 16 2018
Philippine regulator shuts down five non-life firms
The companies failed to meet capital requirements set in the country's insurance code since 2016.
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- March 15 2018
Thailand life market to maintain growth
New bancassurance deals and a bigger pool of agents eligible to sell investment-linked insurance are drivers.
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- March 14 2018
Philippines insurance premiums up 12% in 2017
The country's life insurance sector contributed more than three-quarters of total premiums.
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- March 13 2018
NongHyup expands insurance business in China, Vietnam
The Korean group is expanding its insurance business as part of efforts to strengthen its overseas portfolio.
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- March 12 2018
Philippines eyes initiatives to boost insurance sector
The measures are aimed at encouraging microinsurance and increasing digitalisation of the industry.
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- March 12 2018
Dai-ichi Life to enter Cambodian market
The Tokyo-based insurer will establish a wholly owned subsidiary as early as this month.
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- March 9 2018
Prudential’s Malaysian unit eyes stake sale
The sale of a 30% stake to Kumpulan Wang Persaraan could generate proceeds of about US$435m.
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- March 6 2018
Chubb names new Singapore head
Scott Simpson will move from Sydney to take up the new role after Adam Clifford transferred to Europe.
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- March 5 2018
Indonesian regulator highlights low penetration
The domestic insurance market is valued at just 2.99% of the country's gross domestic product, says OJK.
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- March 2 2018
Is the end nigh for retakaful?
The small and fragmented market is struggling to compete with competition from conventional players.
