Country: Singapore Page 7 / 59
-
- May 30 2024
Emerging carbon credit insurers take roots in Asia Pacific
Specialist players like Kita and Oka have recently set up shop in the region as the market here is growing with Australia, Japan and Singapore leading the way.
-
- May 29 2024
Great Eastern’s minority shareholders demand better offer from OCBC: report
The take-private offer is priced at a 30% discount to the Singaporean insurer's embedded value, a metric often used to value insurance firms elsewhere, shareholders say.
-
- May 28 2024
Singapore Airlines turbulence puts new risks on the radar
Allianz-led liability program for the airline was placed by Gallagher and Sedgwick has been retained as the loss adjuster, IAN can reveal.
-
- May 27 2024
Zurich Singapore names Matthew Graves as chief claims officer
Graves will report to Singapore CEO Liam Burrell and have oversight over commercial and retail segments.
-
- May 27 2024
Kay International AMEA appoints Grace Yeo as senior reinsurance broking manager for South-East Asia
Singapore-based Yeo was previously a reinsurance senior broker with UIB Asia Reinsurance Brokers from May 2023.
-
- May 27 2024
WTW strengthens regional cyber team with Marsh hire
Singapore-based Conor Keating, who joins as the regional cyber growth leader, will report to the Asia cyber practice head Jennifer Tiang,
-
- May 27 2024
Asta looks to regional underwriters as it seeks new Lloyd’s Asia syndicates
The third-party managing agent is keen to develop a local syndicate directly onto the Lloyd’s Asia platform, says group director Simon Norton.
-
- May 27 2024
Fairfax Asia chair Ramaswamy Athappan passes away, aged 78
The MS First Capital Insurance chief executive and insurance industry doyen died in Singapore on May 22.
-
- May 24 2024
Allianz is lead insurer for Singapore Airlines turbulence-hit flight: report
The extreme turbulence led to the death of a 73-year-old man, with 20 remaining in intensive care.
-
- May 23 2024
WTW ropes in Alex Rosati from Marsh as Asia head of claims
With over 30 years of experience in underwriting, claims and litigation, Rosati will focus on all aspects of WTW’s claims proposition across all business lines.
-
- May 23 2024
Gallagher Re promotes George Sherriff as Japan CEO, Tsuyoshi Noguchi to become chairman
Sherriff, who has been executive director at Gallagher Re since 2021, will retain oversight over global client proposition across Asia Pacific even after transitioning to the new role.
-
- May 22 2024
Income Insurance exploring strategic options for APAC expansion: Bloomberg
The Singaporean insurer had provided liquidity to almost 16,000 shareholders for holdings worth US$619m through a private exchange listing last month.
-
- May 21 2024
Temasek, Warburg Pincus team up to acquire broker Specialist Risk Group
The deal is reportedly aimed at helping the London broker to expand internationally, including in Asia.
-
- May 21 2024
Munich Re Singapore expands property team with Chubb hire
Adi Salleh, who joins as senior underwriter, has over 13 years of experience and worked across Malaysia, Korea, and Singapore.
-
- May 16 2024
Kay International AMEA appoints deputy chief broking officer for SE Asia
Singapore-based Yan has 24 years of facultative reinsurance, retro placement and broking experience across South-East Asia.
-
- May 16 2024
UN climate alliance’s second try takes consultative, multi-industry approach
The newly formed Forum for Insurance Transformation comprises (re)insurers, brokers, law firms, regulators, scientists and climate experts to drive net-zero transformation.
-
- May 15 2024
Singapore’s ‘forever chemicals’ ban highlights growing momentum for claims exclusions
The city state will ban the use of certain PFAS chemicals from February 2025, those used in fire-fighting foams from 2026, according to the National Environment Agency.
-
- May 13 2024
Italian trade credit insurer SACE opens offices in Singapore and Vietnam
The government-backed export credit agency and insurer will look to facilitate Italian businesses operating in South-East Asia.
-
- May 10 2024
Great Eastern owner OCBC makes US$1bn take-private offer
The offer for the outstanding 11.56% values the Singaporean insurer at US$8.9bn, which represents a 37% premium over the insurers last traded price.
-
- May 10 2024
Analytics: Singapore (re)insurance market extends lead as Hong Kong hit by lacklustre UW results
While overall GWP growth in both cities were similar, the Lion City's primary insurers saw significant growth in 2023 compared with peers in the SAR, data from the cities’ regulators show.
