Thursday, October 19, 2017

Singapore

Markel adds political risk underwriter in Singapore

Markel adds political risk underwriter in Singapore

Alex Holcroft joins the political risk and structured trade credit business from Sompo Canopius.

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New products needed to close protection gap, says MAS

New products needed to close protection gap, says MAS

New ideas are required to reduce the financial impact of natural disasters in Asia, says Singapore regulator.

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Asian health insurance among world’s most expensive

Asian health insurance among world’s most expensive

Hong Kong, Singapore and China are among the top five most expensive locations for international health insurance.

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Mandatory insurance for doctors pushed in Singapore

Mandatory insurance for doctors pushed in Singapore

The Singapore Medical Council and health ministry are lobbying for insurance that will protect physicians.

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Great Eastern posts solid profit

Great Eastern posts solid profit

Net profit surged 173% year-on-year thanks to strong sales from agencies and bancassurance business.

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Only 10% of Asian firms prepared for cyberattacks

Only 10% of Asian firms prepared for cyberattacks

Businesses in the region are ill-equipped against and not covered for cyber attacks, says QBE survey.

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Great American boosts Singapore management

Great American boosts Singapore management

The company has hired three new senior executives, according to a statement.

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Ping An eyes fintech, healthcare assets abroad

Ping An eyes fintech, healthcare assets abroad

China’s largest insurer by market value is on the hunt for assets in the US, Israel and Singapore.

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Singapore studying ElderShield takeover proposal

Singapore studying ElderShield takeover proposal

The government is in a better position to administer the scheme, according to the ElderShield Review Committee.

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OCBC sells 33.3% stake in Hong Kong Life Insurance

OCBC sells 33.3% stake in Hong Kong Life Insurance

The sale to First Origin International yielded a return of around US$309m.

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Singapore rocked by Lee family feud

Singapore rocked by Lee family feud

The rift between Lee Kuan Yew’s children is threatening the Lion City’s composure.

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Singapore firms ill-equipped against business liability

Singapore firms ill-equipped against business liability

Most local companies are not prepared for the potential damage, according to results of a survey launched by QBE.

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Singapore’s life insurance coverage up by 10%

Singapore’s life insurance coverage up by 10%

The encouraging first-quarter performance reflects the Lion City’s efforts to narrow the protection gap.

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AIG names Claudia Salem as Singapore CEO

AIG names Claudia Salem as Singapore CEO

Succeeding Matt Harris, she will also become head of country operations for South-East Asia.

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Startup Singapore Life raises US$50m in funding

Startup Singapore Life raises US$50m in funding

The Series A funding round is led by Hong Kong-listed Credit China FinTech and UK-based investment firm IPGL.

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Lloyd’s collaborates with marine groups in Singapore

Lloyd’s collaborates with marine groups in Singapore

The collaboration aims to enhance understanding of the insurance sector in marine industry.

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Hong Kong plays catch-up with Singapore

Hong Kong plays catch-up with Singapore

The city is facing a serious challenge and is lagging behind its competitors in many areas. Can China come to its rescue?

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Swiss Re to set up Asia headquarters in Singapore

Swiss Re to set up Asia headquarters in Singapore

The reinsurer intends to establish a new entity that will serve as its headquarters for regional reinsurance operations.

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AUTUMN 2017

Roundtable

Convergence of reinsurance and capital management