Country: Singapore Page 5 / 61
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- October 10 2024
Brown & Brown completes acquisition of Singaporean broker Acorn
First announced in January, the deal by the US group's European arm Bridge Specialty is the brokerage group's second in the region after it entered Hong Kong last year through the acquisition of Capstone Brokers.
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- October 8 2024
Asian power insurance sector sees a return to ‘buyers’ market’: WTW
Renewal rates outside China are seeing a reduction of up to 10% for well-managed assets and rates are expected to further soften over the next 12 months.
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- October 7 2024
QBE Singapore elevates Joyce Cheong to head of claims, people & asset risk
Cheong is responsible for all people-related risk claims such as accident, health, workers compensation and injuries, and asset-related losses including property, motor and engineering damages.
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- October 3 2024
Coface names Ronald Chai as head of commercial for Singapore
Chai takes over from Peter Elder, who has been promoted in May to regional head of banks & financial institutions for Asia Pacific based in Singapore.
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- October 1 2024
Everest appoints Jason Chua as senior claims specialist for short tail
Singapore-based Chua joins the insurer from Axa XL, where he was a claims specialist.
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- September 26 2024
Lockton names new Singapore CEO as Frederic Boles steps up to a regional role
Deven Lim has been promoted to chief executive effective October 1 as the Boles will transition into the role of regional head of professional and financial risks and credit for Asia.
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- September 26 2024
Cybersecurity firm Blackpanda integrates underwriting unit into group
The cyber emergency response firm raises US$6.7 million from Singtel Innov8, Gaw Capital Partners and WI Harper Group, taking its total capital raised under Series A to US$21.7 million.
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- September 25 2024
Price Forbes ropes in Honan’s Thomas Russell to spearhead Singapore ANZ division
Russell has taken up the newly created role as director, head of Australia and New Zealand wholesale for Asia in a newly created position reporting to Phil Johnson, CEO for APAC.
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- September 23 2024
Swiss Re CorSo elevates Devpriya Misra to APAC and global client solutions lead
Singapore-based Misra, who has been with Swiss Re CorSo for almost nine years, was most recently regional head customer management APAC for the firm.
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- September 23 2024
Aon promotes Jon Pipe to Asia head of commercial risk
Pipe, who has been CEO and principal officer of Aon India Insurance Brokers, will continue to work alongside Rishi Mehra and the India leadership team to ensure consistency and continuity.
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- September 20 2024
Taiping Re’s capitalisation to remain at strongest level: AM Best
The rating agency has affirmed its “A” (excellent) financial strength rating on Taiping Re (Hong Kong) and its wholly-owned subsidiary, Taiping Reinsurance (China) with a "stable" outlook.
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- September 18 2024
Crawford launches dedicated logistics, transportation & freight division in Singapore
The service will address complex claims arising from the logistics and freight sector, requiring adjusters familiar with marine and transportation industries.
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- September 13 2024
Ardonagh Group appoints Mark Mitchell to spearhead units’ Asia expansion
Singapore-based Mitchell will work with Ardonagh-owned Envest and Price Forbes to explore opportunities to expand their retail and wholesale broking footprint, and develop new MGA capabilities in Asia.
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- September 11 2024
Tokio Marine Kiln expands APAC marine team with underwriter hire
Singapore-based Stephanie Hong joins the Lloyd's player as Asia Pacific marine underwriter from Great American Insurance.
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- September 9 2024
Zurich names new APAC financial lines and casualty heads in two senior appointments
The insurer has appointed Robin Cooper-Driver as head of financial lines and Edward Rayfield, who joins from AIG, as head of casualty for the region.
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- September 9 2024
Sherly Oktavia joins Oneglobal as divisional director for Asia reinsurance
Oktavia, who was most recently general manager at Tugu Insurance in Hong Kong, will relocate to Singapore for her new role.
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- September 6 2024
Everest promotes Maureen Ung to Asia commercial director
Singapore-based Ung has been head of claims for the region since she joined the carrier in June 2024.
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- September 6 2024
APAC reinsurance composite’s 2023 COR improves to 91.6%: AM Best
Regional reinsurers saw revenue rise 8.8%, with much of the growth fuelled by China Re and its subsidiary Chaucer.
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- September 3 2024
Port congestion cover demand surges as geopolitical tensions lead to Asian terminals overload
As Red Sea attacks continue, the blockages in Singapore and Malaysia’s Port Klang and Tanjung Pelepas has led to supply chain disruptions, with nat cats making the regional risk landscape more complex.
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- September 3 2024
Exclusive: ARB appoints Eunice Ang as divisional director for treaty reinsurance
Singapore-based Ang, who joins from Axa, is responsible for treaty relationships within South-East Asia with a focus on Indonesian retro programs and clients in the Philippines.
