Country: Singapore Page 6 / 58
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- May 21 2024
Munich Re Singapore expands property team with Chubb hire
Adi Salleh, who joins as senior underwriter, has over 13 years of experience and worked across Malaysia, Korea, and Singapore.
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- May 16 2024
Kay International AMEA appoints deputy chief broking officer for SE Asia
Singapore-based Yan has 24 years of facultative reinsurance, retro placement and broking experience across South-East Asia.
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- May 16 2024
UN climate alliance’s second try takes consultative, multi-industry approach
The newly formed Forum for Insurance Transformation comprises (re)insurers, brokers, law firms, regulators, scientists and climate experts to drive net-zero transformation.
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- May 15 2024
Singapore’s ‘forever chemicals’ ban highlights growing momentum for claims exclusions
The city state will ban the use of certain PFAS chemicals from February 2025, those used in fire-fighting foams from 2026, according to the National Environment Agency.
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- May 13 2024
Italian trade credit insurer SACE opens offices in Singapore and Vietnam
The government-backed export credit agency and insurer will look to facilitate Italian businesses operating in South-East Asia.
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- May 10 2024
Great Eastern owner OCBC makes US$1bn take-private offer
The offer for the outstanding 11.56% values the Singaporean insurer at US$8.9bn, which represents a 37% premium over the insurers last traded price.
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- May 10 2024
Analytics: Singapore (re)insurance market extends lead as Hong Kong hit by lacklustre UW results
While overall GWP growth in both cities were similar, the Lion City's primary insurers saw significant growth in 2023 compared with peers in the SAR, data from the cities’ regulators show.
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- May 9 2024
Miller hires Sheena Benedict Ong for professional & financial risks team
Based in Singapore, Ong was previously a business development manager at Lockton for nearly two years.
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- May 9 2024
Lexasure-owned Front Street Re appoints Edison Fong as CEO
New York-based Fong joins from reinsurer Converge Re, where he was a director focusing on reinsurance in life and annuities markets in the US.
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- May 9 2024
Fusion Specialty elevates Sabrina Chia to lead partner for Asia
Concurrent with the promotion, Singapore-based Chia will continue with her role as head of distribution for the region.
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- May 6 2024
Asian insurance pricing moderates across lines but Japan, Taiwan, Philippines buck the trend: Marsh
Japan was the only Asian country that saw price increases in all lines of business, other cat-exposed markets like Taiwan, Philippines and Indonesia saw strong hikes in property classes but saw varying trends in other lines.
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- April 30 2024
Singapore’s Income Insurance debut on digital securities exchange
Trading on platform AltaX provides liquidity to the insurer's almost 16,000 shareholders, who hold stocks valued at about US$619m.
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- April 30 2024
Dual launches title insurance for real estate, M&A deals in select APAC markets
The MGA's new offering will focus on commercial property deals in Australia, New Zealand, Hong Kong, Singapore and M&A transactions will also extend to Japan and South Korea.
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- April 30 2024
Changing nature of cyber risks in Asia drives need for cover
Ransomware, extortion, political actors and AI make businesses in the region more vulnerable, while regulations are helping with fuelling insurance demand.
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- April 25 2024
MSIG Singapore could post modest premium growth in 2024: S&P Global
S&P Global Ratings affirmed MSIG Singapore's "A+" local-currency financial strength rating with a stable outlook.
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- April 25 2024
Dali general average claims will bring new pressures for the market: TT Club
With parts of the Francis Scott Key Bridge falling onto the vessel, those who are part of GA agreement will shoulder some liability for the costs of their removal, which is likely to add to the significant losses.
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- April 25 2024
Ted Hodgkinson joins Huntington Partners in Hong Kong as partner
The former BMS Asia executive chairman will lead the Singapore-based (re)insurance-focused advisory firm's operations for the SAR and China.
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- April 24 2024
Baltimore sues Dali shipowner, manager over bridge collapse
The suit alleges negligence on the part of the Singaporean owner Grace Ocean and Indian manager Synergy Marine in operating a "clearly unseaworthy" vessel.
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- April 23 2024
Exclusive: Guy Carpenter recruits AIG veteran Eric Shaw as APAC regional claims advisory leader
Singapore-based Shaw oversees claims advisory and reports to Jacob Hughes, managing director, head of client support services for Asia Pacific.
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- April 22 2024
WTW elevates Ben Dunston to placement leader, Asia
In his new role, Singapore-based Dunston will have overall placement responsibility for the large and multinational accounts division in the region across all lines of business.
