Hong Kong’s FWD to File Again for IPO Application: Sources March 13, 2023 By Manuel Baigorri FWD Group Holdings Ltd., the pan-Asian insurance company owned by Hong Kong billionaire Richard Li, is planning to file for...
FWD to Buy Majority Stake in Malaysian Insurer Ahead of Planned IPO February 20, 2023 By Manuel Baigorri FWD Group Holdings Ltd., the pan-Asian insurance company owned by Hong Kong billionaire Richard Li, has agreed to buy a...
Zurich Insurance Emerges as Front-Runner to Buy MetLife’s Malaysia Business December 9, 2022 By Elffie Chew and Manuel Baigorri Zurich Insurance Group AG has emerged as the front-runner to buy a majority stake in the Malaysian insurance business of...
Generali Completes Acquisition of AXA’s Malaysian P/C and Life Businesses August 30, 2022 Generali has completed the acquisition of the majority stakes in the AXA’s property/casualty and life businesses in Malaysia, which will...
Malaysia to Offer Crop Insurance to Strengthen Food Security August 8, 2022 By Ravil Shirodkar Malaysia will offer government-backed insurance plans to help compensate farmers for losses after natural disasters, as part of measures to...
Liberty Mutual Insurance Acquires Malaysian Insurer AmGeneral August 1, 2022 Liberty Mutual Insurance has completed the acquisition of Malaysian insurer AmGeneral Insurance Berhad, which is expected to make Liberty Mutual...
Malaysian Central Bank Sets 2023 Cutoff for Foreign Insurer Stake Sales: Sources July 18, 2022 By Elffie Chew Malaysia’s central bank is giving foreign insurers until the end of 2023 to either reduce stakes in their local ventures...
As Strongest Storm to Hit Philippines in 2021, Typhoon Rai ‘Exceeded All Predictions’ December 22, 2021 By Kanupriya Kapoor SINGAPORE – The rapid intensification that turned this week’s Typhoon Rai into the strongest storm to hit the Philippines this...
Typhoon Rai Leaves Trail of Destruction in Southeast Asia, Killing More Than 200 December 20, 2021 By Siegfrid Alegado and Yantoultra Ngui Severe weather disruptions hit Malaysia and the Philippines, leaving a trail of destruction among nations most prone to natural disasters....
Malaysia’s Malene Insurance Brokers Renamed Howden Takaful Brokers December 8, 2021 Howden, the London-based international insurance broker, announced that further to its merger with Malene Insurance Brokers in February 2019, Malene...