Country: Malaysia Page 15 / 23
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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 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 2 2018
Is the end nigh for retakaful?
The small and fragmented market is struggling to compete with competition from conventional players.
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- February 28 2018
Malaysia’s general insurance, takaful to stay flat in 2018
Competitive pressures, tariff liberalisation and weak consumer sentiment are all affecting the industry.
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- February 19 2018
Khazanah unit to sell its Turkish insurance business
The Malaysian sovereign wealth fund is seeking to dispose of Istanbul-based Acibadem Sigorta.
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- February 15 2018
IAG sees ‘limited’ Asia opportunities
The Australian group is conducting a strategic review of its US$630m investment in the region.
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- February 6 2018
Great Eastern may sell minority stake in Malaysian unit
Malaysia’s largest pension fund, Employees Provident Fund, is reportedly in talks to buy the US$1bn stake.
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- February 5 2018
Axa to open shared service centers in Manila, Kuala Lumpur
Company officials say the new centres will become information technology hubs for Japan and the rest of Asia.
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- January 25 2018
Malaysia’s Great Eastern Takaful appoints new CEO
Shahrul Azlan Shahriman, former Prudential BSN Takaful head of distribution, took up the job on Monday.
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- January 16 2018
Fintech start-up Jirnexu banks on insurance as growth driver
The South-East Asian financial technology startup has said that insurance will account for up to 30% of its growth.
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- January 14 2018
Hong Leong MSIG Takaful appoints new CEO
The Malaysian takaful firm has named Modh Asri Omar as its new chief executive officer.
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- January 12 2018
Takaful outpaces conventional insurance in Malaysia
Family and general takaful in the country grew by 7.5% and 5.9%, respectively, in the first half of 2017.
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- January 11 2018
Great Eastern may shed stake in Malaysian operations
The insurer is reported to be in talks with Malaysian banks regarding the possible sale.
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- January 10 2018
Maybank’s Etiqa names four new CEOs
The new executives will lead each of the four new entities generated by the split of the insurer.
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- January 9 2018
ACR appoints new Malaysia CEO
Asia Capital Re has appointed Hue Yann Wei as chief executive of its Malaysia subsidiary.
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- December 19 2017
Malaysia, Thailand sign insurance deal
Bank Negara Malaysia and Thailand’s Office of Insurance Commission have signed an MoU.
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- December 15 2017
Malaysia’s AmBank eyes sale of insurance unit
The lender is aiming to offload some of its non-core businesses and focus on its primary operations.
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- December 1 2017
FRS opens in Hong Kong and Malaysia
Financial Risk Solutions' two new offices are in Menara Darussalam in Kuala Lumpur and ICC in Hong Kong.
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- December 1 2017
Insurance sector in Malaysia welcomes new deputy governor
Jessica Chew is set to step in starting January next year as Sukudhew Singh is relinquishing his post after 31 years.
