Singapore
Allianz's Asia-Pacific arm hit by stronger euro
Allianz's insurance unit across 14 countries in Asia-Pacific saw revenues and profits fall as the euro appreciated against Asian currencies.
Aviva Asia CEO hails strong growth
Aviva Asia delivered an increase of 52% in operating profit to £97m ($152m) over the course of 2013.
Hiscox announces Direct Asia acquisition
Hiscox has acquired Singapore-headquartered Whittington Group’s online business DirectAsia, subject to regulatory approval.
Arthur J Gallagher creates Asia hub
Arthur J Gallagher has appointed Dick Heath as head of its newly created regional hub Arthur J Gallagher Asia.
Now Health appoints general manager in Singapore
International health insurance provider Now Health International has recruited Rob McIntyre as general manager of its newly opened Singapore operation.
'Window of opportunity' and sum insured discussed at Claims Club Asia
In the first Claims Club Asia meeting of 2014, leading experts in the claims space gave their insights into how the claims community can ensure greater co-operation to help clients.
Singapore syndicate expands underwriting capabilities
Watkins Syndicate Singapore, which represents Watkins Syndicate 457 at Lloyd's, has appointed two senior underwriters.
Singapore employee benefits broker Pan bought by technology start-up
The Pan Group, one of the largest employee benefits brokers in Singapore, has been bought by ConneXionsAsia, a technology firm which owns an end-to-end employee benefits platform.
Aviva appoints CFO in Asia
Ken Rappold has been appointed as regional chief financial officer of Aviva Asia.
Ace appoints chief underwriting officer in Asia-Pacific
Neil Moon, Ace's head of casualty, Asia-Pacific, has been promoted to chief underwriting officer, Asia-Pacific. Moon will be replaced in his role by Adam Clifford.
Now Health launches Singapore operation
Health insurer Now Health International has opened a Singapore office partnering with Tenet Sompo as its underwriter in the region.
Lloyd’s vs Asia: Is London losing its crown?
Could factors including economic growth in the East and increasingly burdensome UK regulation see Lloyd’s Asian hub in Singapore oust its London counterpart as the global centre of insurance?
Xchanging opens second Singapore office
Insurance technology provider Xchanging has opened a second office in the heart of Singapore's insurance district at Tower 2, Asia Square.
Three way battle for ASEAN regional hub, says Clyde & Co
Law firm Clyde & Co believes Singapore will increasingly become the 'destination of choice' to access the ASEAN insurance community.
Interglobal bolsters Asia team
International health insurer Interglobal has appointed a head of sales for the Singapore market and created a development manager role for other Asian markets including Malaysia, Sri Lanka and the Philippines.
Markel strengthens in Singapore
Markel International has promoted Li Shengnan to head the offshore energy team in Singapore and appointed Kelvin Lee as assistant manager, finance and operations.
Euler Hermes establishes Singapore single risk team
Trade credit insurer Euler Hermes has established a single risk and political risk insurance team based in Singapore aimed at larger bespoke projects.
C-Suite: Look east for growth opportunities
To grow and prosper, all businesses need to seek new territories and then adapt their model to the needs of the local market. This is especially true of modern Lloyd’s brokers, for which simply being in London ceased to be the ultimate competitive…
Nationale Suisse opens Singapore office
Swiss based insurer Nationale Suisse, owned by the Swiss National Insurance Co., is expanding in Asia by opening an office in Singapore.
C-Suite Asia: Asia-Pacific to grow solidly
An economist at Euler Hermes explains how the Asia-Pacific region should be the best global performer for insolvencies in 2014, but that rebalancing and lower growth in China are likely to bring possible risks to the economic outlook.
Catlin Bermuda opens Singapore branch
Catlin Group has formed a Singapore branch of Catlin Insurance of Bermuda. Catlin Insurance Company writes specialty lines of direct insurance in Singapore and reinsurance throughout the Asia-Pacific region.
Amlin Singapore launches P&I business with Raets Marine
Amlin Singapore has launched a shipowners’ protection and indemnity (marine liability) business and local charterers’ liability insurance in Singapore, in conjunction with Raets Marine.
AIA pens 15 year 11 country deal in Asia-Pacific with Citibank
AIA and Citibank have reached a huge 11 country 15 year bancassurance distribution agreement for life and health insurance products at Citibank's 600 strong Asia-Pacific branch network.
The rise of price comparison sites in South East Asia
Price comparison websites are gaining in popularity in South East Asia as consumers catch on to the benefits of shopping around for insurance writes Nicky Burridge.