Country: Malaysia Page 19 / 23
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- November 29 2016
Etiqa to acquire majority stake in Indonesian insurer
The deal with general insurer Asuransi Asoka Mas will provide Etiqa with access to Indonesia's untapped market.
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- November 16 2016
IHH Healthcare sells PCH stake to Chinese insurers
TK Healthcare Investment will buy a 29.9% stake in IHH's Chinese hospital and clinic operator.
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- November 9 2016
Hong Leong calls off talks to sell insurer stakes
After failing to reach a deal with any of the potential buyers, the group abandons the sale.
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- November 2 2016
Negotiations extended for sale of Felda’s AXA Affin stake
Talks between Affin and the state-run planter’s stake will be allowed to extend for another three months.
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- November 1 2016
Allianz Malaysia approved to buy HSBC Amanah Takaful
Negotiations between all parties are expected to be concluded within the next six months.
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- October 24 2016
Malaysia probes insurers for anti-competitive practices
Several firms are under investigation over price-fixing in the motor vehicle repair industry.
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- October 20 2016
Malaysia’s insurance sector fails to meet expectations
Though the sector did expand at an annual 13.3% growth rate until 2010, in recent years it has remained flat.
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- October 19 2016
Takaful Malaysia posts 30% profit jump
Higher sales in family and general takaful businesses, as well as wakalah fee income, fuelled a 30% increase.
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- October 5 2016
Allianz Malaysia looking for strategic partners
The insurer is open to new deals as its bancassurance agreement with CIMB is set to end next year.
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- September 21 2016
Lloyd’s seeks reinsurance licence in Malaysia
Chairman John Nelson is hopeful that Bank Negara Malaysia will approve the application by November.
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- September 8 2016
Malaysian life premiums grow strongly in first half
New business-weighted premiums were up by 20.8% during the first six months of 2016, according to LIAM.
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- September 1 2016
Tokio Marine eyes RHB’s general insurance unit
The deal is estimated to be worth up to US$500m, based on a price of around three times book value.
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- August 30 2016
Players urged to tap under-served takaful market
Penetration rates for takaful remain lower compared to the traditional insurance market.
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- August 26 2016
Malaysia’s general insurance industry grows 3%
The industry generated premium income of US$2.3b for the first six months this year, said PIAM.
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- August 24 2016
Malaysia’s Islamic insurers eye European markets
The continent's swelling Muslim population presents a long-term opportunity.
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- August 23 2016
Malaysia’s employment insurance needs more study
More research is needed before the scheme can be implemented across the country.
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- August 17 2016
Price war looms after Malaysian tariff liberalisation
Increased competition means only well-capitalised companies are expected to withstand the heat.
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- August 16 2016
Malaysian developers seek project insurance
Sabah real estate companies have urged insurers to come up with a new insurance solution.
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- August 9 2016
Malaysia market set for a major facelift
Bank Negara says the industry is set for its most significant transformation since the early 1990s.
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- August 2 2016
Maybank Ageas plans to double in size by 2020
Malaysia’s fourth-largest insurer has not ruled out acquiring other insurers to boost its size.
