Country: Asean Page 17 / 133
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- June 24 2024
Singapore oil spill losses set to rise as slick hits Malaysian waters
Malaysian authorities confirmed oil slick sightings at Sungai Rengit and Teluk Ramunia in Johor; while Singapore said it will seek compensation from owners of British Marine-insured Marine Honor.
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- June 24 2024
MS First Capital appoints Vikas Shukla as CEO
He assumes the role at the MSIG Asia company following the passing away of chief executive Ramaswamy Athappan last month.
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- June 21 2024
Chinese insurtech Huize to buy controlling stake in Vietnamese startup Global Care
The deal marks Nasdaq-listed Huize's foray into the South-East Asia market and will introduce VinaCapital as a strategic shareholder of the Shenzhen-based insurtech.
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- June 20 2024
Lockton Singapore appoints new chief operating officer
Lena Tsia, who was previously the CEO of Cigna Singapore, reports to both Singapore chief executive Fred Boles and regional chief operating officer Phil Corrigan.
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- June 19 2024
Marsh launches new climate adaptation and resiliency centre in Singapore
With a team of over 100 executives based in Asia, the centre aims to help private companies adapt to extreme climate events and play a more active role in funding for climate adaptation initiatives.
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- June 18 2024
Canopius taps Axa XL’s Mark Houghton as global specialty product leader
In the newly created role, Singapore-based Houghton will oversee governance, performance and standards for the Lloyd's syndicate's speciality lines.
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- June 18 2024
Exclusive: NorthStandard, British Marine face losses from Singapore oil spill
The loss following the dredger Vox Maxima hitting bunkering vessel Marine Honour could become an IG P&I Clubs pool claim if the dredger is found liable.
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- June 17 2024
Singapore’s Income Insurance confirms buyout talks with Allianz
An application for the partnership has been filed with the Monetary Authority of Singapore, reports say.
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- June 14 2024
Malaysian Re and Pacific Life Re extend MoU on family retakaful market
Both companies aim to unlock new possibilities through the renewal of MoU on shariah-compliant life insurance solutions.
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- June 14 2024
Axa XL ropes in WTW’s Graham Edwards as client distribution leader
Singapore-based Edwards was most recently head of corporate risk and broking, sales and client management for Asia at the broker.
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- June 14 2024
Blue Marble hires Rinaldo Siagian as APAC operations analyst
Siagian previously worked at Asuransi Astra where his most recent role was section head surveyor.
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- June 12 2024
Singapore Airlines offers compensation to passengers on turbulence-hit flight: reports
Passengers with minor injuries have been offered US$10,000, while those with sustained serious injuries and require long-term medical care are offered an advance payment of US$25,000 to address their immediate needs.
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- June 11 2024
Asian geopolitical threats cast a shadow in boardrooms
Demand for political violence coverage continues to increase while reinsurance capacity and appetite are reducing over fears that escalation in the South China Sea could disrupt supply chains and trigger civil unrests.
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- June 7 2024
Marsh takes Gallagher’s Christine Francis as mining practice lead for Asia
For her new role, Francis, who was most recently client manager - national mining team at Gallagher, will relocate from Perth to Singapore.
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- June 7 2024
Philippine regulator places two local non-life insurers under conservatorship
The Premier Life and General Assurance and Travellers Insurance and Surety have received cease-and-desist orders from the Insurance Commission.
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- June 7 2024
Seadrif FY2023 net profit up 84% on deferred income
The regional catastrophe risk platform saw loss from its insurance operations widen in 2023, but its profit was lifted by surplus grants from the MAS and the World Bank.
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- June 5 2024
Marsh taps Axa XL for Asia political risk team build out
Singapore-based Lim Mei Yean was most recently business development manager for Asia at Axa XL.
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- June 5 2024
Seadrif mandates Gallagher Re as its reinsurance broker and risk advisor
The broker will be also responsible for the placement of reinsurance in international markets and the provision of strategic advisory services to the Asean cat risk facility.
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- June 5 2024
Specialist Risk Group eyes Asia expansion with focus on specialisms
The Temasek and Warburg Pincus-backed UK broking group will consider acquisitions to build a hub in Singapore.
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- June 5 2024
Guillaume Mirabaud appointed CEO of Axa Thailand General Insurance
Mirabaud was most recently the chief executive of Axa Korea, where he had also served as the CFO and general secretrary from 2019.
