Country: Malaysia Page 6 / 23
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- August 31 2022
Generali unveils Malaysia CEOs after JV deals complete
Fabrice Benard will head Axa Affin General Insurance while Rebecca Tan will lead the life JV.
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- August 30 2022
Generali consolidates Malaysian presence after Axa JV buyout
The group now owns 53% of Axa Affin GI and 100% of MPI Generali Insurans and plans to merge them.
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- August 26 2022
Tune Protect sees strong H1 premium growth but losses widen
Covid claims at its Thai subsidiary drove up total claims to US$10.7m.
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- July 19 2022
Foreign insurers in Malaysia need to reduce stakes to 70% by end of 2023: report
Insurers to also be given the option of contributing to a charitable fund.
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- June 30 2022
Malaysia’s regulator approves Liberty’s purchase of AmGeneral
The P&C deal is set to be formally completed next month and signals IAG's exit from the country.
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- June 21 2022
Appraisal of Malaysian floods boosts case for digital claims
With 90% of economic losses uninsured more is required to persuade homeowners to buy cover.
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- June 6 2022
Relm’s strategic pivot to Asia crypto
The firm's CEO explains how a new risk transfer mechanism will help its APAC aspirations.
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- June 3 2022
Chubb partners with JA Assure to launch online SME cyber platform
Haxsafe is available in Hong Kong, Singapore and Malaysia.
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- June 2 2022
Malaysia’s Tune Protect appoints Jubin Mehta as chief executive
Mehta will help develop Tune Protect as a "technologically progressive organisation".
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- May 18 2022
Malaysian insurers predict ‘substantial’ price increases due to floods: study
On average around 10% of economic losses are covered, a new report reveals.
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- April 27 2022
Construction to drive Malaysia P&C sector: report
The market is expected to hit US$5.5bn in premiums in 2026, according to GlobalData.
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- April 13 2022
Zurich’s Malaysia takaful arm promotes head of sales to CEO
Malaysia's takaful market has been growing at a breakneck speed over the past decade.
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- February 25 2022
Crawford appoints Nathan Hannah as Malaysia head
Current CEO Hon Mun Choong will transit to a non-executive director on the Malaysian board.
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- February 23 2022
Takaful resilience on display in 2021
Islamic insurance products in Indonesia and Malaysia grew much faster than conventional insurance.
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- February 21 2022
Tune Protect: Asean on the ‘cusp’ of a digital revolution
With less than 2% digital penetration in Asean, motor and healthcare are ripe for disruption.
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- January 28 2022
Malaysia targets insurtech in new plan
The central bank’s Financial Sector Blueprint envisages new digital licences by 2023.
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- January 25 2022
Malaysian Re renews voluntary cessions until end of 2024
The reinsurer helps support the Malaysian Aviation Pool and Malaysian Energy Risks Consortium.
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- January 19 2022
Malaysia’s insurers continue to count costs of December floods
Crawford has dealt with over 1,500 claims and has been using virtual surveys during the pandemic.
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- January 6 2022
Malaysia’s regulator issues digital licensing discussion paper
Central bank initiative has a proposed minimum capital requirement of US$9.5m and includes the takaful market.
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- December 30 2021
Malaysia’s life, takaful firms offer flood relief measures
Grace periods for premium and contribution payments will be extended from the usual 30 days to a longer timeframe.
