Country: Asean Page 124 / 136
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- March 15 2016
Myanmar poised to grant licences to European firms
Euro insurers will be allowed into a special economic zone after operating in Myanmar for at least three years.
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- March 14 2016
Zuellig eyes 49% stake in FPG Insurance Thailand
The company says Thailand offers huge potential because of its comparatively low insurance penetration.
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- March 14 2016
Hiscox selling DirectAsia business in HK
The specialty insurer will focus on its operations in Singapore and Thailand, where it sees greater growth opportunities.
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- March 11 2016
Asean offers big potential for Vietnamese firms
An official at the country's finance ministry says the Asean Economic Community will provide substantial opportunities.
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- March 11 2016
Singapore urges life insurers to improve services
The Monetary Authority of Singapore wants to see service standards that meet consumer expectations.
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- March 11 2016
Thailand considers making crop insurance mandatory
The government wants to protect the country's farmers from the impact of natural disasters.
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- March 10 2016
CNA Hardy sets up underwriting division on Lloyd’s China
The company will be focusing on property treaty, construction, marine, casualty and on developing new lines of business.
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- March 4 2016
Indonesia’s healthcare dividend
The ambitious universal healthcare scheme booked another deficit last year but is headed in the right direction.
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- March 4 2016
Strong growth for Indonesia’s general insurance sector
Growth is expected to be 15% to 20% this year, or about triple the 6.7% expansion posted last year.
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- March 4 2016
Singapore likely to keep status as Asia’s top insurance hub
Stable government and favourable tax regime are just a few of the major factors that favour the city state.
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- March 1 2016
Unit-linked business forecast to still grow in Indonesia
The Indonesian Life Insurance Association forecasts growth of 10% to 15% this year to more than US$6bn.
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- March 1 2016
Philippines urged to expand crop insurance
An NGO has made the call as presidential candidates are touring the country campaigning for the May 2016 election.
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- March 1 2016
Thailand exempts insurers from foreign business licence
The government is making it easier for foreign financial firms to operate in the country, says Baker & McKenzie.
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- February 29 2016
Philippine premiums forecast to hit US$5.9bn this year
The Philippine Insurance Commission says further expansion expected in both the life and non-life sectors.
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- February 25 2016
Zurich denies rumours of Singapore, HK sale
The Swiss insurer is not considering the sale of its businesses in the two cities, contrary to market rumours.
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- February 24 2016
Malaysia’s life coverage up 6.2% in 2015
The market posted coverage of M$1.24 trillion, according to the Life Insurance Association of Malaysia.
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- February 23 2016
Three bidders for CIMB bancassurance deal
Allianz, AXA, and Sompo are reportedly in their final bids to seal a distribution deal with Malaysia's second largest lender.
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- February 19 2016
Thai life firms bullish on higher growth in 2016
The Thai Life Assurance Association forecasts that GDP growth will help boost premium income by 9%.
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- February 19 2016
Indonesia’s takaful accounts for 6.2% of insurance market
Sharia insurance products now account for 6.2% of the country's market by gross written premiums.
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- February 18 2016
Philippines approves Allianz-PNB bancassurance deal
The Philippines Insurance Commission has approved the 15-year deal to create Allianz PNB Life Insurance.