Country: Asean Page 96 / 133
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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.
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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.
