Country: Malaysia Page 4 / 23
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- September 28 2023
Asian Reinsurers’ Summit reaffirms need to foster closer collaboration among Asian reinsurers
Malaysian Re hosted the three-day conference of 11 national reinsurers from the region in Kuala Lumpur from September 25-27.
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- September 20 2023
Miller rolls out APAC treaty team with Lockton Re raid
The team led by Richard Broad will see Bruce Ford and Pei Nee Goi join him in Singapore, while Jo Garnett and Hui Sin Low join in Malaysia.
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- September 14 2023
Pacific & Orient Insurance to see more underwriting stress ahead: Fitch
Fitch Ratings has affirmed the company an insurer rating of'BBB+' (good), with a stable outlook mainly taking into account strong capitalisation.
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- August 29 2023
Tune Protect in H1 profit turnaround with COR registering 95.4%
The Malaysian carrier's US$3.1m positive result was supported by its investment performance, while travel premiums climb above pre-Covid levels.
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- August 23 2023
Asian Captive Conference 2023 to set the agenda on self-insurance
The sixth iteration of the conference in Kuala Lumpur, co-hosted by Labuan IBFC and LIIA, will feature a diverse mix of professionals from the global captive industry.
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- August 3 2023
Mixed picture for Asia’s P&C markets in Q2 as overall composite pricing flattens: Marsh
Hong Kong led the way in overall composite rate reductions at minus 6.6% and Taiwan climbed the highest at plus 24%.
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- July 19 2023
Liberty’s Asia reorganisation will have ‘no job impacts’
The realignment from August 1 brings together all the insurer's businesses in Asia under the leadership of Phil Hobbs, president and managing director, Liberty Specialty Markets.
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- July 5 2023
Carriers move to support decommissioning of Asean energy assets
Power purchase agreements hammered over two decades ago are coming to an end in Malaysia, Brunei, Indonesia and Thailand, driving the need for insurance solutions.
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- June 5 2023
Petronas’ captive could see further stress ahead, outlook negative: AM Best
Outlook for Energas Insurance, which had a COR of 106% for FY 2022, has been downgraded to negative by the rating agency.
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- May 26 2023
Labuan struggles to reignite interest as global insurance hub
Covid-19 may be over but global capital still isn’t returning to Malaysia’s offshore centre.
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- May 11 2023
Generali launches unified brand for Malaysian general insurance arms
Axa Affin and MPI Generali Insurans will now operate under an integrated Generali Malaysia brand.
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- May 10 2023
Starr Insurance expands Malaysia operations with Labuan branch
Starr Labuan, to be overseen by Rawi Letchumanan, will take over all new and renewal business previously produced by Starr Underwriting Agents (Labuan).
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- May 3 2023
Exclusive: McLarens expands in Malaysia with two more branches amid hiring spree
The loss adjuster has opened offices in Johor and Penang and has recruited several senior adjusters.
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- April 18 2023
Allianz Trade expands Asia excess of loss business
The global trade credit insurer will add new headcount in Singapore, Hong Kong, Australia, Japan and Malaysia.
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- April 18 2023
Malaysian general insurers’ underwriting profit contracts 23% in 2022
Gross direct premiums grew 10% year-on-year to US$2bn in the last calendar year, according to data from General Insurance Association of Malaysia.
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- April 6 2023
China reopening to boost Asia’s P&C markets
With inbound and outbound connectivity resumed, a spurt in tourism across the region offers hope for insurers.
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- April 5 2023
Chubb launches Philippines marine operations
The insurer has appointed marine underwriter Jeanette Cebeda to lead the new team.
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- April 4 2023
Hannover Re names Firdaus Kasman as Korea team lead
Kuala Lumpur-based Kasman will also continue to head the reinsurer's affinity team with responsibility for Asean, South Asia, Korea and Japan.
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- April 3 2023
QBE Asia names regional manager for claims operational governance
Kuala Lumpur-based Kamiseah Earnewati Wasli has been promoted to the role while Ken Siu to claims technical head for Asia.
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- March 31 2023
Malaysian Re promotes Ahmad Noor Azhari to CEO
The former chief underwriting officer will take over from Zainudin Ishak from April 1.
