Country: Asean Page 119 / 136
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- August 11 2016
Singapore IP insurers suffer high medical costs
Some Integrated Shield Plan insurers in the city are struggling as profits succumb to higher costs.
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- August 9 2016
Malaysia market set for a major facelift
Bank Negara says the industry is set for its most significant transformation since the early 1990s.
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- August 8 2016
Aviva Asia’s value of new business drops
The weaker performance was largely attributed to the end of a bancassurance partnership with DBS.
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- August 5 2016
Philippines court upholds liquidation ruling on Prudentialife
The company will have to continue paying claims to policyholders, four years after it was put into receivership.
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- August 4 2016
Capital requirement for Philippine insurers to double
All existing insurers will have to increase their minimum capital to Ps550 million by the end of 2016.
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- August 3 2016
Singapore to finance insurance tech startups
Eligible startups will include those working on claims processing, fraud prevention and automated advice.
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- August 2 2016
Maybank Ageas plans to double in size by 2020
Malaysia’s fourth-largest insurer has not ruled out acquiring other insurers to boost its size.
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- August 2 2016
Capital rules not costly for Philippine HMOs, says IC
Higher paid-up capital unlikely to translate into higher costs, according to the Insurance Commission.
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- August 1 2016
OCBC suffers dip in insurance earnings
Singapore's second-biggest lender suffered from the performance of its insurance operations in Q2.
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- July 28 2016
Foresea Life likely to win bid for Asia Capital Re
The Chinese company, owned by Baoneng Group, is expected to win the bid for the Singapore-based reinsurer.
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- July 28 2016
Philippines to implement bill of rights for policyholders
The insurance regulator is beefing up efforts to protect clients with the implementation of standardised rights.
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- July 27 2016
Investment scope for Singaporean insurers broadened
The Monetary Authority of Singapore is considering relaxing restrictions imposed on insurers' investments.
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- July 26 2016
Vietnamese life market booming
Total life insurance premiums reached close to US$1bn for the first half of 2016, according to the Vietnam Insurance Supervisory Authority.
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- July 22 2016
EQ Insurance partners with Validus Capital
Singapore insurer to offer investor protection to SME lending platform Validus Capital.
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- July 22 2016
Dai-ichi to open business in Cambodia
Japanese major scheduled to open a representative office in Phnom Penh by end of July.
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- July 20 2016
Khazanah eyes control of Hong Leong insurance arm
The Malaysian state-owned fund is reportedly considering an US$800m bid for control of the two companies.
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- July 20 2016
Manulife Vietnam gets green light to raise charter capital
The approval means Manulife Vietnam can raise its charter capital by 38%, its second hike in eight months.
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- July 19 2016
Singapore regulator eases capital requirements
MAS has acknowledged the need to relax the capital requirements of insurers as revealed in a proposed revised framework.
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- July 19 2016
Thai Samsung aims for aggressive growth
After investing heavily in building a network of agents, Thai Samsung Life is now aiming to break even in the near future
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- July 19 2016
Vietnam imposes ceiling on foreign reinsurance
Foreign companies can now only reinsure up to 90% of their total insurance liability due to ‘issues with overseas reinsurance’.
