Singapore
Singapore continues with ERM framework
The Monetary Authority of Singapore is pressing ahead with the development of new enterprise risk management requirements for the domestic insurance industry, despite industry concerns that the proposed implementation timetable is too tight.
Simon Machell on six months gardening leave
Simon Machell, formerly CEO of higher growth markets at Aviva, is on six months gardening leave after leaving the insurer.
Management consultant in Singapore hires three insurance veterans
Solutions Providers, a management consultant for financial services, has appointed three senior insurance professionals to its management team.
XL hires construction underwriter from Zurich in Singapore
XL has appointed David Poh as construction underwriting manager, Asia.
Miller appoints O'Neil in Singapore client role
Specialist broker Miller Insurance has appointed Nick O'Neil in a new business development and client servicing role in Singapore in its Asian facultative reinsurance business.
Axa to buy HSBC Singapore's life and medical insurance business
HSBC Insurance (Singapore) Pte, a wholly-owned subsidiary of HSBC Holdings, has agreed to sell its group term life insurance and group medical insurance portfolios in Singapore to Axa Life Insurance Singapore.
Crawford hires Singapore MD from Russian insurer
Claims management firm Crawford & Company has appointed Andrew Tait as managing director of its Singapore office.
Marsh launches charities' D&O cover for Singapore
Global broker Marsh is now providing a directors and officers' liability policy for charities including religious organisations.
View from the Top: The move from West to East
As many Western insurers leave the Asian insurance sector, Patrick Chan, director and general manager of Nova Risk Services and chief operating officer at BrokersLink Asia Pacific, explains why entrepeneurs in the region are buying up assets.
Top five Asian news stories
The top five stories from www.insuranceinsight.com over the past seven days.
Raffles launches expat health plans
Raffles Health Insurance, a wholly-owned subsidiary of Raffles Medical Group, has launched two international health insurance plans targeting businesses in Asia Pacific. region.
Aviva's profits in Singapore grow 27%
Aviva Singapore saw growth in premiums and profits in 2012.
DAC Beachcroft hails Malaysia business deal
Law firm DAC Beachcroft has expanded its global footprint after reaching a formal agreement with Malaysia's Gan Partnership.
Top five Asian news stories
The top five Asian news stories from www.insuranceinsight.com over the past seven day.
Motor fuels growth in Singapore
In 2012, profits from motor increased by 135% while overall gross written premiums grew over 5%.
Insurance Insight launches Claims Club Asia
Insurance Insight has launched the Claims Club Asia to support claims professionals across Asia.
Kennedys hires Clyde & Co energy and construction partner
Kennedys has grown its international energy team with the hire of Graeme Baird from Clyde & Co.
Singapore looks to remove contract uncertainty
As the London reinsurance market discovered in the last decade, contract certainty sounds simple, but isn’t. Andrew Tjaardstra finds out the latest developments as Singapore edges closer to becoming the first Asian reinsurance market to introduce…
Top five Asian news stories
The top five Asian news stories from www.insuranceinsight.com over the past seven days.
Singapore's finance and insurance sector sees growth in Q4 2012
In the fourth quarter of 2012, year on year GDP growth in Singapore's finance and insurance sector was 3.3%, but growth deteriorated from the third quarter of 2012.
Axa sees 3% drop in revenue from Southern Europe
Axa’s Southern European revenues have been hit by the difficult economic environment but mature market revenues continued to increase.
Towers Watson adds to M&A team in Singapore
Professional services firm Towers Watson has appointed Alan Merten (pictured) as director, risk consulting & software, and a member of its Asia Pacific leadership team.
Lockton's former Singapore CEO to join RSA
Nick Garrity, formerly CEO for Lockton Singapore, is set to join RSA with Manan Sagar taking over as CEO at Lockton Singapore.
Kiln strengthens underwriting teams in Singapore and Hong Kong
As Lloyd's insurer Kiln grows in Asia, it has appointed two senior underwriters in Hong Kong and Singapore for marine and aviation.