Country: Malaysia Page 9 / 24
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- June 29 2021
Munich Re’s Singapore syndicate eyes renewables, cyber
The specialty (re)insurer saw double digit growth in 2020 and is in expansion mode.
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- June 24 2021
Generali’s Malaysia moves a sign of the times
M&A set to increase as smaller players face new digital and RBC pressures.
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- June 22 2021
Generali seeks to merge two Malaysia P&C players
Italian insurer agrees to buy 53% of Axa Affin GI and 100% of MPI Generali.
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- May 28 2021
Chubb makes four APAC leadership appointments
Regional vice president Glen Browne to oversee A&H and personal lines across Asia Pacific.
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- May 19 2021
Velesto oil rig claims to top US$100m
Experts say the final payout for the sunken Naga 7 will depend on whether wreck removal is required.
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- May 7 2021
QBE appoints Malaysia CEO and reveals strong Q1 2021 rate rises
Sunther Kuppan's interim role confirmed as chairman Mike Wilkins reports GWP up 28%.
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- May 6 2021
Labuan GWP hits US$1.6bn driven by captives and reinsurance
The Labuan FSA said premiums grew by 6.7% over the course of 2020.
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- April 26 2021
Asean’s climate exposure a call to action for insurers
Higher claims expected from secondary perils such as droughts and torrential rainfall.
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- April 21 2021
Munich Re launches Labuan’s first retakaful syndicate
MRS Labuan aims to capture market share in Malaysia's fast-growing Islamic insurance sector.
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- April 15 2021
Generali in talks to buy Axa’s Malaysia P&C assets: report
The Italian insurer is understood to be targeting the French insurer's stake in Axa Affin GI.
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- April 14 2021
Honan Re to target Australia, Malaysia, NZ and Singapore
MD Eliza White tells IAN the new broker is currently recruiting team members.
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- April 13 2021
Labuan FSA hit by two top resignations
Director general Datuk Danial Mah Abdullah and chairman Datuk Azizan Abdul Rahman step down within days of each other.
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- March 30 2021
Malaysia P&C underwriting margins to come under pressure
AM Best sees an increased digitalisation of the market and 'good' profitability in the medium-term.
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- March 25 2021
Malaysia’s motor market needs ‘opening up’: PIAM
Industry body urges changes in how insurers can price risk to address consistent losses.
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- March 17 2021
Euler Hermes appoints Shan Aboo as Asean CEO
The regional director will relocate from Hong Kong to Singapore to take up the role.
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- February 26 2021
Malaysia’s general market fell by 3.6% in H1 2020
Malaysia Re report notes that motor insurance, which represents 47% of the market, saw the worst decline.
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- February 5 2021
Ratings round-up: Malaysian Re retains ‘strong’ IFS rating
Indonesian reinsurance player Tugure also keeps 'A+' rating from Fitch.
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- January 19 2021
Cyber tops Asia Pacific 2021 business risk list: Allianz
Covid-19 and business interruption were the other top concerns across the region.
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- January 12 2021
Malaysia flood losses could rise to US$10m
In-country loss adjuster tells IAN few large commercial claims are expected.
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- January 7 2021
Malaysia M&A set for renewed activity in 2021
A backlog of P&C and life deals to drive the marketplace this year.
