Monday, February 26, 2018

Singapore

Lombard to offer insurance-based wealth solutions

Lombard to offer insurance-based wealth solutions

The Philadelphia-based insurer will launch its brokerage business in Hong Kong and Singapore.

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DBS, Manulife officially launch US$1.2bn bancassurance deal

DBS, Manulife officially launch US$1.2bn bancassurance deal

The deal allows the Canadian insurer to distribute its products in DBS branches across the region.

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Unclaimed insurance payouts in Singapore top 8,000

Unclaimed insurance payouts in Singapore top 8,000

A total of 8,185 insurance payouts have not been claimed by policyholders as of September 2015.

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Business insurance low priority for Singapore SMEs

Business insurance low priority for Singapore SMEs

More than half of SMEs in the Lion City say insurance protection is low on their priority list.

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Singapore policyholders ask for clarity on bonuses

Singapore policyholders ask for clarity on bonuses

Life insurance customers want to know why non-guaranteed bonuses have plunged.

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Zurich withdraws Singapore life insurance business

Zurich withdraws Singapore life insurance business

The Swiss insurer stopped writing new business in Singapore on Tuesday to streamline its business.

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Evergrande buys stake in Chinese insurance JV

Evergrande buys stake in Chinese insurance JV

The Chinese property developer will pay US$617m for a 50% stake in Great Eastern Life Assurance (China).

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OCBC Bank claims lead in Singapore’s bancassurance market

OCBC Bank claims lead in Singapore’s bancassurance market

Singapore’s OCBC Bank said it has overtaken DBS Bank in terms of bancassurance sales.

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Premiums growing faster than economy in emerging Asia

Premiums growing faster than economy in emerging Asia

Lloyd’s CEO Inga Beale says EMs account for nearly 50% of global insurance growth.

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Ex-Olympus CEO among speakers at Parima 2015

Ex-Olympus CEO among speakers at Parima 2015

Michael Woodford will address risk professionals about fraud and ethics at risk conference.

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Aspen officially enters Singapore through Lloyd’s Asia

Aspen officially enters Singapore through Lloyd’s Asia

The firm’s insurance operation will be led by Yann Marmonier, who joins as principal officer.

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Aviva Investors launches two Singapore multi-strategy funds

Aviva Investors launches two Singapore multi-strategy funds

Both funds invest in a globally diversified multi-strategy portfolio with low targeted volatility.

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Singapore’s life insurance business up 15% in Q3

Singapore’s life insurance business up 15% in Q3

Premiums rose due to a significant uptake in savings-type products through banking channels.

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Singapore is now Lloyd’s largest hub outside UK

Singapore is now Lloyd’s largest hub outside UK

Lloyd’s new platform in CapitaGreen now hosts 24 syndicates and more than 380 people.

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See you at SIRC

See you at SIRC

Insurers, reinsurers and risk managers will gather next week for the 13th Singapore International Reinsurance Conference.

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Great American Insurance opens in Singapore

Great American Insurance opens in Singapore

The US-headquartered insurer expects to employ about 100 staff in Singapore over the next five years.

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AIG appoints first independent directors in Singapore

AIG appoints first independent directors in Singapore

Shirish Apte and Isabella Loh have agreed to a three-year term, effective from mid-October.

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ACE introduces insurance for PE, VC firms in Asia

ACE introduces insurance for PE, VC firms in Asia

The new product protects private equity and venture capital firms in Hong Kong and Singapore.

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Nina Klingspor, Allianz Global Corporate & Specialty

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