Country: Malaysia Page 14 / 23
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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 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 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 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 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 8 2018
Malaysian Re licences AIR catastrophe modelling platform
The company is deploying the solution to support its reinsurance operations for a broad range of risk management solutions.
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- April 30 2018
Zurich discussing US$100m IPO of Malaysian life unit
The Swiss insurer may opt to comply with 30% local ownership rule through an initial public offering.
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- April 24 2018
Malaysia’s KWAP set to close insurance acquisition
The retirement fund's chief executive said the fund is currently talking with two foreign insurers.
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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 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.
