Country: Asean Page 122 / 136
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- May 16 2016
Malaysian consumers ask for more protection on claims
Lack of effective guidelines covering accident insurance claims has resulted in many policyholders being defrauded.
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- May 13 2016
Berkley sets up insurance unit in Asia
Berkley Insurance Asia will offer specialty commercial coverage to clients in North and South-East Asia.
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- May 13 2016
Tokio Marine raises stake in Vietnamese JV
The Japanese insurer is raising its stake in Bao Viet Tokio Marine Insurance to 51% from 49%.
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- May 12 2016
Philippine government sells National Life
The insurance regulator has approved the sale to a consortium of Filipino businessmen for US$23 million.
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- May 12 2016
Singapore life industry’s premiums up 5% in Q1
The steady growth of direct purchase insurance products has attracted S$730,000 in premiums since launch in April 2015.
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- May 12 2016
Allianz buoyed by demand for sharia policies in Indonesia
Allianz Life Syariah posted a 7.2% gross premium income increase in 2015, rising to US$56 million.
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- May 11 2016
EastWest buys StanChart’s Philippine insurance unit
Assurance Solutions Insurance Agency was set up in 2012 to provide marketing and sales services for Standard Chartered.
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- May 10 2016
Tokio Marine Life names new Singapore CEO
Industry veteran James Tan Lai Hing is taking over from the outgoing CEO Lance Tay, effective June 1.
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- May 6 2016
AIA bullish on the Philippines
The CEO of its joint venture in the country cited low penetration and the expanding middle class as substantial opportunities.
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- May 6 2016
Malaysia seeks cover for retrenched workers
The government has proposed a scheme that will aim to help workers who have lost their jobs.
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- May 3 2016
Great Eastern drags down OCBC’s Q1 profit
Losses in the investment portfolio of its insurance arm led to a 14% decline in net profit for the first quarter.
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- May 3 2016
Allianz hit by Indonesia’s troubled life market
Huge challenges in the country's life market have taken a toll on the German insurer's gross premium income.
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- April 29 2016
A window of growth in Malaysia’s Islamic market
Demand in Asia’s biggest takaful market is growing at multiples of the conventional industry.
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- April 29 2016
Zurich to take over Malaysia’s MAA Takaful
The deal proposed in November 2015 has won regulatory approval from the country’s central bank.
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- April 28 2016
SEG aims for third spot in Thai market
Southeast Insurance and Financial Group is aiming to become one of the country's top three players.
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- April 28 2016
Vietnam plagued with malware
The country continues to be targeted by hackers linked to the political dispute over the South China Sea.
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- April 26 2016
Indonesia mandates greater allocation to bonds
Domestic pension funds and insurers will be required to invest a minimum of 20% of their assets in bonds.
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- April 25 2016
Philippines tightens rules on pre-need, health insurance
The regulatory tightening follows a shortage in the trust fund of a local pre-need company.
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- April 22 2016
AIA bullish on Philippines despite low penetration
Insurance penetration has slowed to a growth rate of less than 2% during the past seven years.
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- April 18 2016
Generali Group strengthens Thai operations
The company plans to boost its premium income tenfold, to become one of Thailand’s top 10 players.
