Country: Singapore Page 11 / 60
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- March 26 2024
China Taiping posts strong 2023 overseas P&C profit growth as domestic business sags
The (re)insurer saw its China P&C insurance's operating profit plunge 71%, contrasting the 87% growth for its overseas business including Hong Kong.
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- March 25 2024
Guy Carpenter appoints new Pacific CEO in regional leadership shake-up
The reinsurance broker has hired Ben Savill as Pacific chief executive and promoted Jeff Saper and Luc Morement as APAC head of fac and regional sales leader, respectively.
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- March 25 2024
BOC Aviation assessing implications on insurance claims for two jets recovered from Russia last week
The Singaporean lessor has made US$258m in insurance recoveries for 11 aircraft, while the remaining six planes have net pre-tax write-down value of US$310m.
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- March 20 2024
Markel expands Singapore financial lines team with ex-QBE hire
Ray Lim joins as a financial and professional risks underwriter and reports to Simon Moi.
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- March 20 2024
Insurers tread a fine line in next gen motor as EV poses uncharted risks
Recent interventions by regulators in China and Taiwan highlight the quagmire faced by insurers in dealing with the emerging risks from underwriting EV policies, but there is little room for inaction as governments' net-zero commitments mean the days of conventional vehicles are numbered.
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- March 19 2024
Singapore non-life domestic underwriting profit drops 11%: association
Gross written premiums for employer’s liability rose 10.2% from a year ago on the back of an expansion of resident and foreign labour market, the General Insurance Association said.
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- March 19 2024
Aon promotes Li Lin Kea to head of marine for Singapore
Kea was most recently regional director responsible for the global broker's Asia cargo and logistics book.
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- March 15 2024
Gallagher Re promotes Sie Liang Lau to head APAC cyber team
In the newly created role Sie will oversee reinsurance broking covering APAC.
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- March 14 2024
Sedgwick promotes Nicki Dunn to chief client officer for Asia
The global loss adjustor has concurrently promoted Irwin Wei and Kalnisha Velu, both have joined Dunn's team.
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- March 12 2024
Scor restructures P&C, life & health with regional heads
Under the restructuring, Mukul Kishore will head the reinsurer's P&C business for Asia Pacific, while Chloe Wang and Dion Russell will head up life & health markets.
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- March 11 2024
Axa XL promotes Zoe Xie to property underwriting manager in Singapore
Singapore-based Xie will oversee the development and execution of the global (re)insurer's property strategy.
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- March 11 2024
Singapore expected to ease capital treatment for green infrastructure investing
An upcoming consultation by the MAS will likely propose a framework to allow insurers to invest in sustainable projects at more favourable risk charges, putting Singapore in line with other markets, says WTW.
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- March 6 2024
Kay International AMEA establishes Singapore hub for South-East Asia expansion
The Dubai-based reinsurance broker has appointed Ho Wing Hoong as regional chief executive and director to lead the regional subsidiary.
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- March 5 2024
Cyber, marine cargo and property to drive Singapore wholesale market in 2024: Howden
Claims inflation, war/conflict and talent are the three factors most likely to impact the market in the coming year, according to the broker's survey of insurers in Singapore and Malaysia.
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- March 1 2024
AIG strengthens APAC multinational programs offering with new leader
Singapore-based Jenny Boyd has been promoted to the role of head of multinational for Asia Pacific.
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- March 1 2024
Aon shakes up Asia leadership with three expanded regional roles
Singapore CEO Andrew Minnitt has been put in charge of Singapore, Malaysia and Indonesia, while the Philippines head Darren Oliver will lead the Philippines, Thailand and Vietnam and commercial risk solutions head Tracy-Lee Kus will take charge as head of Japan and Korea.
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- February 28 2024
Gallagher plans APAC fac buildout with Singapore, Sydney hubs
The broker, which is hiring a new team in the hub, wants to support the underwriters locally while writing business from around the world as it brings the offering under one international platform, according to Malcolm Payton.
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- February 26 2024
Allianz Asia Pacific’s property & casualty FY2023 operating profit up 26%
P&C contributed about one-fifth of the global insurer’s operating profit from the region, where operating profit rose 33%.
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- February 26 2024
Markel appoints Ng Yao Hua as cyber security analyst in Singapore
Ng will support Markel’s cyber underwriting capability in the region, reporting to Simon Moi, head of professional and financial risks for Asia.
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- February 26 2024
WTW hires new APAC captives lead from Aon
Singapore-based Joyce Chua will provide captive and risk finance insights helping companies retain risk and manage their (re)insurance programs.
