Country: Asean Page 98 / 133
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- April 23 2018
Talanx to up stake in PetroVietnam Insurance
A unit of the German company plans to raise its ownership in the state-owned insurer to at least 49%.
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- April 20 2018
Malaysia first
Foreign insurers have until the end of June to cut their ownership to 70%, but local buyers are scarce.
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- April 20 2018
Maybank eyes listing of its insurance arm Etiqa
The rumoured sale is estimated by some analysts to be worth at least US$1 billion but remains unconfirmed.
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- April 17 2018
Maybank bullish on Etiqa’s future
The insurance and takaful arm of Maybank is expected to see a boost as a result of increasing interest rates.
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- April 17 2018
No alternatives, Malaysia tells foreign insurers
They will have to fulfil their commitment to sell 30% of their operations to local shareholders by June 30.
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- April 13 2018
Cathay Life’s move on Bank of Nova Scotia’s Malaysian unit fails
The Taiwanese financial group did not give details on why the deal fell through, but said it wasn't about price.
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- April 12 2018
Beazley appoints Asia-Pacific head
Lucien Mounier will oversee growth opportunities in the region for its portfolio of specialist insurance products.
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- April 11 2018
RKH Specialty targeting Asia expansion
Stuart Beatty has been appointed as the company's regional CEO to build its specialty capabilities in the region.
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- April 4 2018
AIA chief becomes first female president of LIAM
Anusha Thavarajah will be the first woman elected president in the association's 44-year history.
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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.
