Country: Asean Page 104 / 136
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- February 1 2018
Swiss Re opens new Asian HQ in Singapore
It has also appointed a new regional board of directors, chaired by Lim Siong Guan, formerly of GIC.
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- January 31 2018
Penetration improving in India but still lower than neighbours
At 3.49%, insurance buying in the country is up significantly from 2.7% in 2001, though still lags China.
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- January 30 2018
Philippines to review capital rules for insurers
The capitalisation requirement for local insurance companies is being reviewed in light of a study of Asean rules.
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- January 29 2018
Chubb makes senior appointments in Thailand
Nittaya Piriyathamwong will chair the executive committee of Chubb Samaggi while Edward Kopp becomes country president.
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- January 26 2018
Muang Thai Life plans more regional expansion
It will focus on Myanmar, Indonesia, Malaysia and the Philippines after the success of JVs in Indochina.
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- January 25 2018
Malaysia’s Great Eastern Takaful appoints new CEO
Shahrul Azlan Shahriman, former Prudential BSN Takaful head of distribution, took up the job on Monday.
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- January 25 2018
Vietnamese non-life insurers post 11% increase in revenue
Non-life insurers in the country booked roughly US$1.78bn, according to the latest data from the finance ministry.
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- January 24 2018
Prudential sells Vietnam consumer finance unit to Shinhan
A subsidiary of the Korean financial group has agreed to pay US$151m for Prudential Vietnam Finance.
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- January 23 2018
IAG likely to move 141 jobs to the Philippines
The Australian group is reportedly shifting back-office jobs from New Zealand and Australia.
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- January 23 2018
Chubb appoints two executives for new Singapore division
The new commercial division will include personal risk services, which covers valuables and residential insurance.
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- January 22 2018
Singapore rates seen to increase in 2017
Insurance premium rates in the city are still low, but last year was good for the industry, according to Aon.
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- January 19 2018
Honan Insurance gets MAS nod to acquire NGA Benefits
The Australian-owned insurance broking company said the acquisition is part of its continuing investment in South-East Asia.
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- January 17 2018
JLT Re names new CEO for APAC
Jeremy Fox will also become a member of the Reinsurance Global Executive Committee.
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- January 17 2018
Chubb names new Singapore bancassurance head
Koh Wei Lee's appointment is in addition to his current role as division head of accident and health.
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- January 16 2018
Fintech start-up Jirnexu banks on insurance as growth driver
The South-East Asian financial technology startup has said that insurance will account for up to 30% of its growth.
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- January 15 2018
CBA eyes selling stake in Indonesian venture
The sale of a majority stake in Commonwealth Life could value the insurer at up to US$250m.
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- January 14 2018
Hong Leong MSIG Takaful appoints new CEO
The Malaysian takaful firm has named Modh Asri Omar as its new chief executive officer.
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- January 12 2018
Singapore Life buys Zurich portfolio
The city’s newest insurer has gone from fintech startup to significant player.
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- January 12 2018
Siam Commercial, Prudential sign bancassurance deal
The new partnership will target wealthy clients at the Thai bank, which is the country's second-biggest.
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- January 12 2018
Takaful outpaces conventional insurance in Malaysia
Family and general takaful in the country grew by 7.5% and 5.9%, respectively, in the first half of 2017.