Following a competitive tender Allianz and Standard Chartered have agreed a 15 year five country general insurance bancassurance partnership in Asia.
The coming year looks set to be an exciting but challenging one for general insurers in Asia as strong growth continues in many markets across the region writes Nicky Burridge.
Aldrin Wong, previously senior vice president of major and complex loss, has been promoted to CEO Malaysia at global loss adjuster Cunningham Lindsey.
Liam Burrell previously Chubb's property and casualty manager of South Australia has taken on a similar role in Singapore.
Experts agree there are a host of insurance opportunities across Asean's fast growing markets.
Zurich has expanded its presence in Malaysia with the acquisition of takaful insurer MAA Takaful for MYR525m (£90m).
Investment firm BP Marsh & Partners has acquired a 20% stake in Singapore-headquartered Asia Reinsurance Brokers for S$2.4m (£1.2m).
Melbourne-headquartered Honan Insurance Group has made an undisclosed strategic partnership with Kuala Lumpur-based broker the Hayat Group.
Axa's property and casualty gross written premiums in Asia exceeded €1bn (£789m) in 2015 for the first time.
Australian insurance giant QBE saw rates softening on average 3.4% in Asia-Pacific (excluding Australia and New Zealand) in 2015 as competition intensified across the region.
Zurich's general insurance division has taken corrective steps over the last year in Asia-Pacific to concentrate on more profitable growth.
Tew Yee Jeng, from Malaysia, has been sentenced to 44 months in a Singapore jail after being involved in a cash for crash scam.
Swiss Re is predicting robust growth across Asia for general insurance over 2016 and 2017 despite economic headwinds.
Trade credit insurance in Asia looks set to enjoy double-digit growth in the years ahead, but the market is not without challenges writes Nicky Burridge.
Concern over cybercrime exposure is rising among SMEs but the rate is still low, with just 8% of firms worried about such attacks and 17% thinking they're too insignificant to be targeted.
A senior Malaysia broker gives his verdict on Malaysia's increasing insurance liberalisation which will include the removal of tariffs.
Nexassure has launched an extended warranty managing general agent using Hannover Re paper from Malaysia.
Malaysia's MPI Generali Insurans has appointed veteran Oliver Tan as its CEO.
The Malaysian Insurance Institute is warning that premium growth in Malaysia will slow over the next few years as the appetite for new cars declines.
Ageas has sold its Hong Kong division to China's largest private equity firm JD Capital for HK$10.7bn (£895m).
Ace has promoted Amir Ghaffar to vice president and head of corporate distribution, accident and health, Asia-Pacific.
Global loss adjuster Crawford has made two senior appointments in Asia as the firm's Singapore general manager Martin Allan leaves for QBE.
Sydney-headquartered QBE saw a 24% rise in first half after tax profits to $488m (£331m) compared with $392m in the first half of last year.
At least 20 people have died and over 100 have been injured following a bomb explosion yesterday in central Bangkok.