Prime America Life Insurance

Aviva Sees Improved Outlook for Asian Businesses Insurance News Net (press release)

04.05.10

Singapore-based Aviva Ltd. [085455] is seeing a strong return of consumer confidence across Asia, contributing to a better outlook for insurance business in 2010, according to Simon Machell, chief executive of Aviva Asia Pacific.

This year, the U.K.-based insurance group moved to enter Indonesia's life insurance market and to re-enter the nonlife business in Singapore.

Aviva is happy with its geographic footprint in Asia, said Machell. The Asian operation of Aviva plc [085909] has a presence in nine markets including China, Singapore, India, Hong Kong, Malaysia, Taiwan, South Korea, Sri Lanka and Indonesia.

The insurer said it currently has no desire to enter the market in Japan.

In Singapore, Aviva launched an online motor insurance business in April, marking its return to the nonlife market in Asia after selling its Asian nonlife business to Mitsui Sumitomo Insurance Co. Ltd. [090542] in 2005. An agreed five-years period of competition constraint with Mitsui Sumitomo's

Source:

malaysia travel insurance - News

Tower over Chicago's streets Wanderlust - Jul 06, 2009 Tower over Chicago's streetsWanderlustThe Sears Tower, which opened in 1973, is the fourth tallest building in the world, behind Taipei 101, Shanghai's World Financial Centre and Malaysia's and more »

Taiwan: the next big China play MoneyWeek - Jul 06, 2009 Taiwan: the next big China playMoneyWeekMany of the changes are aimed at making Malaysia competitive in financial services and in particular Islamic finance, where banking, insurance and and more »

Indonesia's Fear Factor Abroad The Seoul Times - Jul 08, 2009 Indonesia's Fear Factor AbroadThe Seoul TimesSaudi Arabia, Malaysia, and Hong Kong have been cited as the greatest alleged offenders. Abuses in Malaysia have been publicized in Indonesia more widely and more »

RPT-FEATURE-Brutal insurgency haunts Thai Muslim south Reuters - Jul 03, 2009 RPT-FEATURE-Brutal insurgency haunts Thai Muslim southReutersWith its rolling hills and thick jungle dotted with white village mosques, the rubber-rich region bordering Malaysia is one of Thailand's most picturesque, and more »

Conference Speakers: Medical Tourism Here to Stay, At Asia's Benefit Travel Agent - Jun 29, 2009 Conference Speakers: Medical Tourism Here to Stay, At Asia's BenefitTravel AgentTopics to be covered include healthcare insurance trends in Asia, legal liabilities in global medical travel and health insurance risk management for new Global medical tourism market to hit $100B by 2012all 4 news articles »