Singapore
MSIG to buy First Capital for £1.25bn
Japanese carrier Mitsui Sumitomo Insurance, part of MS&AD, has acquired Singapore general insurer First Capital for $1.6bn (£1.25bn) from Fairfax Financial.
Axa's Drouffe moves to Singapore
Global insurer Axa has appointed Jean Drouffe as CEO Axa Singapore following the promotion of previous Singapore CEO Doina Palici-Chehab.
Chubb appoints Gschossmann in Singapore
Global P&C insurer Chubb has appointed Johannes Gschossmann as head of financial lines in Singapore.
Liberian oil tanker collides with US navy ship near Singapore
A large Liberian oil vessel, Alnic MC, has collided with a US guided missile destroyer, the USS John S. McCain, near Singapore early this morning while it was still dark.
Snowdon swaps Willis Towers Watson for JLT Asia
Kevin Snowdon, director risk and analytics - Asia, for international broker consultancy Willis Towers Watson is leaving the firm to join rival JLT Asia.
Philippi swaps Allianz for Euler Hermes in Asia
Allianz-owned global trade credit insurer Euler Hermes has made two senior appointments in Asia.
Uncertainty hampering M&A activity, says Clyde and Co
Corporate uncertainty around Brexit and tighter Chinese monetary controls has been hampering M&A activity in global insurance this year according to international legal firm Clyde and Co.
Howden acquires Sterling Knight in Singapore
Howden, the retail broking arm of Hyperion Insurance Group, has bought SME specialist broker Sterling Knight in Singapore for an undisclosed sum.
Tey swaps Chubb for Beazley in Singapore
Nicholas Tey has left global insurer Chubb to join Beazley in Singapore.
QBE identifies significant liability gap in four Asian countries
Australian insurer QBE has published research suggesting a significant liability insurance gap for businesses in Hong Kong, Indonesia, Malaysia and Singapore.
MSIG promotes 'pay how you drive' in Singapore
Japan-headquartered insurer MSIG has launched a telematics car mobile app in Singapore based on driving behaviour.
Markel appoints trade credit underwriter in Asia
Specialist insurer Markel International has recruited in Singapore from trade credit insurer Atradius.
Singapore's NTUC teams up with IBM to use AI for claims
Singapore insurer NTUC Income has agreed to use IBM's capabilities to help automate hospital claims.
Lloyd's insurers join forces to form political risk consortium in Asia
Beazley, Chaucer and Talbot have joined forces to form a political risk consortium in Asia offering increased capacity for a wide range of political and contract frustration risks.
Shah to leave JLT Asia
Ronak Shah, regional director of financial lines for Asia at JLT, will soon be leaving the UK-headquartered broker for an international insurer.
Markel marine underwriter swaps Sweden for Singapore
Markel International Singapore has recruited a marine underwriter from the specialty insurer's office in Stockholm, Sweden.
Salem replaces Harris at AIG Singapore
Claudia Salem has been promoted to CEO Singapore and head of country operations for South East Asia at global insurer AIG.
Markel hires marine liability underwriter in Singapore
International (re)insurer Markel has hired a senior marine liability underwriter for its Asia-Pacific operation
AIG rolls out telematics app to seek Singapore's best driver
Global insurer AIG is on the look out for Singapore's best driver using telematics technology.
Car accidents rise in Singapore as total claims fall
The General Insurance Association of Singapore is investigating why car accidents climbed last year while the total payout in motor claims fell.
Berkshire Hathaway hires for Asia expansion
Berkshire Hathaway Specialty has hired two senior insurance professionals as the insurer introduces personal accident to Hong Kong and Singapore.
Blog: Seven Asian insurtech start-ups to watch in 2017
Despite the US being seen as the pre-eminent center for insurtech investment, it in no way has the monopoly on all the good ideas.
Bruce Carnegie-Brown confirmed as next chairman of Lloyd’s
Bruce Carnegie-Brown is to become the chairman of Lloyd’s of London.
Markel to enter surety market in March
London-based specialist insurer Markel International will enter the surety market in March this year, following the appointment of two senior underwriters.