Friday, January 19, 2018

Singapore

Honan Insurance gets MAS nod to acquire NGA Benefits

Honan Insurance gets MAS nod to acquire NGA Benefits

The Australian-owned insurance broking company said the acquisition is part of its continuing investment in South-East Asia.

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JLT Re names new CEO for APAC

JLT Re names new CEO for APAC

Jeremy Fox will also become a member of the Reinsurance Global Executive Committee.

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Chubb names new Singapore bancassurance head

Chubb names new Singapore bancassurance head

Koh Wei Lee’s appointment is in addition to his current role as division head of accident and health.

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Singapore Life buys Zurich portfolio

Singapore Life buys Zurich portfolio

The city’s newest insurer has gone from fintech startup to significant player.

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Singapore Life to buy Zurich Life Singapore portfolio

Singapore Life to buy Zurich Life Singapore portfolio

All policies are expected to be completely transferred during the first half of the year.

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Singapore life insurers maintain healthy reserve ratios

Singapore life insurers maintain healthy reserve ratios

The bullish outlook in global markets provided impetus and hopes are high for further improvement in 2018.

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NTUC Income taps Fullerton to manage US$23bn in assets

NTUC Income taps Fullerton to manage US$23bn in assets

The partnership is seen to create more opportunities to explore innovative investment products.

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Swiss Re Corporate Solutions appoints new SE Asia head

Swiss Re Corporate Solutions appoints new SE Asia head

Didier Belot replaces Jonathan Rake and will be responsible for building commercial insurance programmes in the region.

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DeltaDigital launched as Singapore’s first online financial lines tool

DeltaDigital launched as Singapore’s first online financial lines tool

It offers instant quotes for products such as cyber, professional liability, technology professional liability and management liability.

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Asia drives Prudential’s new-business profit

Asia drives Prudential’s new-business profit

Higher sales volumes and a boost from higher interest rates have driven results so far this year.

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Manulife appoints Singapore CEO

Manulife appoints Singapore CEO

Khoo Kah Siang joins from Great Eastern and will take up the role in February next year.

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Peak Re wins MAS authorisation

Peak Re wins MAS authorisation

The company has been authorised as a life and general reinsurer by the Monetary Authority of Singapore.

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Life business remains upbeat in Singapore

Life business remains upbeat in Singapore

The sector has continued to post sterling growth this year, registering double-digit growth amid robust sales.

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Starr remains committed to Singapore market

Starr remains committed to Singapore market

The reassurance comes after decision to stop underwriting new business through its Lloyds Syndicate 1919.

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Zurich makes new property and energy appointments

Zurich makes new property and energy appointments

The insurer continues to expand its commercial insurance hub in Singapore with new senior regional appointments.

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Singapore chases cat bonds

Singapore chases cat bonds

Lim Hng Kiang, trade minister and deputy chairman of MAS, unveils a subsidy scheme for catastrophe bond issuers.

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Singapore woos cat bond issuers with 100% grant

Singapore woos cat bond issuers with 100% grant

MAS has unveiled a grant scheme aimed at encouraging insurers and reinsurers to issue catastrophe bonds in Singapore.

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Qatar Re names new CEO for Singapore

Qatar Re names new CEO for Singapore

Manik Sethi has been appointed to lead the Bermudian reinsurer as its new chief executive, the company said in a statement.

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