Country: Malaysia Page 17 / 24
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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.
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- November 27 2017
Jirnexu set to operate in Malaysia
The South-East Asian fintech company has been approved to compare, sell, process payments and issue e-policies.
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- November 24 2017
Swiss Re Corporate Solutions appoints new SE Asia head
Didier Belot replaces Jonathan Rake and will be responsible for building commercial insurance programmes in the region.
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- November 17 2017
Insurers in Malaysia target local capital
Global insurers are aiming to comply with the June 2018 deadline to achieve a 30% local shareholding.
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- November 1 2017
Insurance, takaful remain unpopular in Malaysia
The country's central bank governor urged the industry to focus on the underserved segment of the market.
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- October 25 2017
Malaysia warns insurers against raising motor premiums
Any increase above 10% after tariff liberalisation will require the approval of the Bank of Negara Malaysia.
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- October 24 2017
Takaful market continues to enjoy growth
Data gathered by Kenanga Research show the family sector grew 5% in September, while the general sector grew 9%.
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- October 6 2017
Two Malaysian pension funds eye stakes in insurers
The country's two biggest pension funds are considering buying into one of the locally incorporated foreign-owned insurers.
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- October 2 2017
Etiqa completes acquisition of Indonesian insurer
Maybank's wholly-owned insurance arm has completed its acquisition of Asuransi Asoka Mas for US$15.35m.
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- September 20 2017
Foreign insurers rush to meet Malaysia ownership cap
Bank Negara Malaysia wants foreign ownership in local insurance companies to be capped at 70% by June 2018.
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- September 20 2017
Malaysia’s central bank approves Axa Affin share sale
Affin Holdings has been given the green light to acquire a 7.07% equity interest in AXA Affin General Insurance.
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- September 8 2017
Higher profits for Malaysia’s insurance, takaful firms
Traditional and Islamic insurers in the country are beginning to see a silver lining after a period of dreary results.
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- August 24 2017
Lazada, AIG forge online cover deal in Malaysia
South-East Asia's biggest e-commerce platform has teamed up with AIG to sell insurance on its platform.
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- August 22 2017
Malaysia urged to regulate healthcare fees
Authorities have called on industry players to address the issue of escalating inflation of medical insurance.
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- August 18 2017
Bank Negara on captives
Governor Muhammad bin Ibrahim gave the keynote address at the Asian Captive Conference 2017 in Kuala Lumpur.
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- August 18 2017
Foreign insurers in Malaysia pressured to trim shareholdings
Four companies have until the end of this month to reduce their holdings and divest to local partners in line with new regulations.
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- August 17 2017
Harness captives responsibly, says Bank Negara governor
Muhammad Ibrahim said captives must be seen as supporting and contributing to broader economic transformation and growth.
