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Japanese general insurance giant Tokio Marine has paused the sale of its $1bn Southeast Asia life insurance business, partly due to a dispute with a Malaysian partner over an expiring bancassurance agreement, four sources with knowledge of the matter ...
Malaysia:Costs of medical infrastructure, technology and training continue to drive up healthcare costs more » Non-Life Bajaj Allianz General Insurance announces the Global Insurance Excellence Awards with Asia Insurance Review Australia:Revised draft for motor insurance available for public consultation ...
Tokio Marine‘s life insurance businesses in Indonesia, Malaysia, Singapore and Thailand, Reuters reported in June 2023. The sale has attracted interest from Japanese and Middle Eastern buyers, said the first source. However, Tokio Marine last month filed a lawsuit against RHB in Malaysia, seeking...
Tokio Marine Holdings Inc., Japan's second-largest non-life insurer, is seeking to expand in Southeast Asia as Japan's shrinking population erodes its domestic market.The insurer plans to expand in life insurance, automobile coverage, reinsurance and asset management, President Tsuyoshi Nagano said...
Japan:Non-life insurers' overseas business and investment gains offset weak domestic underwriting resultsJapan Property & Casualty Financial PerformanceTokio Marine Holdings (TMH), Japan's biggest P&C insurance group, has announced that it chalked up an 85.7% jump in net profits a...
Malaysia:Costs of medical infrastructure, technology and training continue to drive up healthcare costs more » Non-Life Bajaj Allianz General Insurance announces the Global Insurance Excellence Awards with Asia Insurance Review Australia:Revised draft for motor insurance available for public consultation ...
Tokio Marine & Nichido Fire Insurance Co was quoted to say that it would like to set up an outfit in each Middle Eastern country to expand its Islamic insurance operations but will assess each market before entering it.