Country: Laos Page 1 / 1
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- June 7 2024
Seadrif FY2023 net profit up 84% on deferred income
The regional catastrophe risk platform saw loss from its insurance operations widen in 2023, but its profit was lifted by surplus grants from the MAS and the World Bank.
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- February 7 2024
Lao renews parametric flood cover from Seadrif Insurance with lower thresholds
The parametric policy, which was first purchased by the government in 2021, as been expanded from 2 levels to 4 levels and thresholds lowered, providing flexibility to address varying risk scenarios, the Asean insurance platform said.
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- June 20 2023
MSIG’s Laos arm to merge with local carrier Sokxay Insurance
The Japanese insurance group will own a 35% stake in the business, with the domestic insurer owning the remainder.
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- April 12 2023
Crawford partners with Vietnam’s NorthStar
The tie-up between the loss adjusters is designed to strengthen service and improve customer experience across the region of Cambodia, Laos, Myanmar and Vietnam (CLMV).
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- September 29 2021
HDI Global appoints Asean claims head
Singapore-based Raymond Ong joins the industrial lines insurer from Willis Towers Watson.
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- December 29 2020
RCEP to comprise 25% of global premiums
Asian trade deal will come into force in 2021 and boost premiums by US$9.6bn by 2030.
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- February 7 2020
Japan and Singapore team up for Asia nat cat risk scheme
The protection programme will support lower income countries.
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- February 7 2020
Prudential appoints emerging markets, Singapore CEOs
Wilfred Blackburn moves back to Hong Kong and Dennis Tan joins from OCBC Bank.
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- August 2 2019
Insurers criticised over Laos dam claims
One year after the collapse of a hydropower dam in Laos, critics are calling on the project’s insurers to pay out.
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- January 26 2018
Muang Thai Life plans more regional expansion
It will focus on Myanmar, Indonesia, Malaysia and the Philippines after the success of JVs in Indochina.
