Country: Malaysia Page 19 / 24
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- March 17 2017
Berjaya Sompo appoints new CEO
The Malaysian insurance company has appointed Tan Sek Kee as its new chief executive officer.
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- March 10 2017
Cathay Financial to buy Bank of Nova Scotia Malaysia unit
The Taiwanese group said its bank and life insurance units plan to jointly acquire the Canadian bank's subsidiary.
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- March 8 2017
Swiss Re Corporate Solutions opens KL office
The office will function under a Labuan FSA reinsurance licence and will be led by Juerg Stoll.
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- March 7 2017
Penalty against 22 insurers in Malaysia not final
The Malaysia Competition Commission has said the general insurers still have 30 days to appeal their case.
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- March 6 2017
Regulations to alter Malaysia’s life insurance industry
Bank Negara Malaysia's upcoming regulatory changes will make it tough for part-time insurance agents to survive.
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- February 28 2017
Malaysia’s takaful industry posts double-digit growth
The Malaysian Takaful Association says 2016 represented another year of good growth for Islamic insurance.
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- February 20 2017
Malaysia crafts new privacy rules for banks, insurers
The act aims to protect data privacy and security by laying down codes of conduct in specific industries.
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- February 17 2017
Malaysia market tipped to post higher growth in 2017
Hopes are high for the industry to post better growth this year as consumer confidence improves.
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- February 3 2017
ACR completes acquisition of Malaysia units
The consolidation is part of a long-term strategy to enhance the operational efficiency of the ACR group.
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- January 20 2017
Allianz and StanChart sign 15-year bancassurance deal
The agreement gives access to the bank's retail clients in Hong Kong, Singapore, Malaysia, Indonesia and China.
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- January 20 2017
Positive outlook for Malaysia’s Islamic insurance sector
In the first quarter of 2016, family takaful grew by 9.8% while general takaful grew by 5.8%.
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- January 18 2017
Berkshire enters Malaysia’s non-life reinsurance market
The Labuan licence adds to the company's existing presence in Singapore, Hong Kong and Macau.
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- January 10 2017
Malaysian insurers ready payments for flood losses
The country's insurers are prepared to meet claims as seasonal flooding has displaced thousands of people.
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- January 9 2017
Employers oppose Malaysia’s health insurance system
The Malaysian Employers Federation (MEF) says the proposed system will be a burden to employers.
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- December 16 2016
Etiqa Takaful inks partnership deal with Pos Malaysia
The insurance and takaful business of Maybank has sealed a deal with Malaysia's postal delivery service provider.
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- December 15 2016
Malaysia’s life market continues strong growth
The gross sum assured for all new individual policies went up 25% in the first three quarters of the year.
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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.
