Country: Asean Page 19 / 135
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- July 13 2024
Great Eastern privatisation deal falls short of compulsory acquisition threshold
Trading in Great Eastern shares will be suspended after OCBC failed to garner enough shares from minority shareholders, putting the take-private bid and the insurer's listing status in a stalemate.
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- July 12 2024
Berkley Insurance Asia promotes Hank Yeo to financial lines senior underwriter
Singapore-based Yeo has been with the insurer since 2020, focusing on directors and officers liability, professional liability, and investment management insurance.
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- July 11 2024
Sompo ropes in AIG’s Bill Zhang as consumer lines president for APAC
Zhang will be responsible for leading the consumer lines strategy and operating model across Asia Pacific, reporting to Kenneth Reilly, APAC CEO of insurance.
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- July 10 2024
Aon promotes Marguerita Silitonga to Indonesia president director of reinsurance solutions
Jakarta-based Silitonga will be responsible for driving growth and managing all operations in the country. She reports to Musa Adlan, executive director and head of Aon's Reinsurance Solutions in South-East Asia.
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- July 8 2024
Tokio Marine Kiln taps Zurich’s Yang Yixiang as head of Asia Pacific A&H
The appointment is aligned with the specialty insurer's strategy of doubling its premiums written in the region through its Lloyd’s Asia platform by 2027.
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- July 4 2024
Miller bolsters APAC treaty team with Mandy Phan joining from Guy Carpenter
Based in Singapore, Phan will join the team as a treaty broker.
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- July 3 2024
Sedgwick promotes Aruna Chandrapalan to forensic accounting services partner in Asia
With over 20 years of experience, Chandrapalan has covered complex claims related to business interruption, forensic accounting, pre-loss reviews, product recalls and stock valuations.
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- July 2 2024
AIG elevates Louise Wai as head of commercial property, Singapore
Wai rejoined AIG in April 2024 as underwriting manager for commercial property in Singapore. In her new role she reports to Scott Spaven, AIG Singapore president and CEO.
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- July 2 2024
Lockton Singapore taps WTW’s Sung Wook Han as regional head of marine for Asia
Han will relocate from London to manage marine teams across Asia with a special focus on Singapore.
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- July 2 2024
Koo Kang Wuu joins Munich Re Syndicate Labuan as managing director
With a background in direct and facultative (re)insurance, Koo will be responsible for driving specialty insurance growth in Malaysia.
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- June 27 2024
UIB Asia expands regional team with senior Aon and Marsh hires
The reinsurance broker has brought in Aon's Richard Oh as head of operations and marine reinsurance and Marsh's Tong Nee Saw as head of the facultative and specialty division.
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- June 24 2024
Income Insurance on S&P CreditWatch negative on potential government support dilution
The CreditWatch followed news that the Singapore government-backed insurer is in talks with Allianz for a stake sale.
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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.
