Posts Tagged ‘Insurance’
Insurance

Insurance sector’s consolidation is not easy

By NG MIN SHEN 
Consolidation of the country’s insurance industry is not expected to happen anytime soon as the sector grapples with “stubborn” ...

Living with a rising medical inflation

The healthcare inflation rate in the country is projected to rise to 12.5% this year, according to MD
By DASHVEENJIT KAUR / Pic By BERNAMA Malaysia ...

BNM says further consolidation in insurance sector needed to lift economy

Players need to look at how to strengthen long-term viability and sustainability, according to its governor
By NG MIN SHEN / Pic By MUHD AMIN NAHARUL ...

Accidents drive motor insurance claims higher in 1H18

By DASHVEENJIT KAUR / Pic By MUHD AMIN NAHARUL
The General Insurance Association of Malaysia (PIAM) is planning to work with the government to reduce ...

Net profit of Allianz jumps 35% YoY

By TMR
Allianz Malaysia Bhd’s net profit jumped 35% year-on-year (YoY) to RM89.87 million on higher contribution from its life and general insurance ...

MoH eyes social health insurance scheme

It plans to introduce the scheme early next year, depending on approval of Budget 2019
by AFIQ AZIZ / pic by ISMAIL CHE RUS THE Health Ministry ...

Think travel, think insurance

The more you travel, the more you are exposed to potential financial risks and physical loss, says AIG’s Teo
By TMR Hopping over to Bangkok or Jakarta ...

Chinese tech-obsessed insurer may cast a long shadow over Asia

Marrying tech prowess with an instant customer base would make Ping An a potentially huge threat
by BLOOMBERG BEIJING • China’s Ping An Insurance ...

IHH to inject RM2.3b after Fortis stake win

Deal will add 4,500 hospital beds to IHH’s current 1,600 in India
by MARK RAO / pic by MUHD AMIN NAHARUL IHH Healthcare Bhd has won the race to ...

China’s Anbang to explore sale of Belgian insurer Fidea

SINGAPORE • Anbang Insurance Group Co is exploring a sale of Belgian insurer Fidea, people with knowledge of the matter said, in what would be the troubled ...

Standard Life plan store turn RM9b to stakeholders

LONDON • Standard Life Aberdeen plc will return as much as £1.75 billion (RM9.28 billion) to shareholders after it completes the sale of its insurance unit ...

Ma’s finance giant in China’s crosshairs

New draft rules would impose capital requirements on Ant Financial
By BLOOMBERG BEIJING • There’s no other company on Earth quite like ...