Singapore
MAS says reforms could mean capital hike for insurers
The Monetary Authority of Singapore has admitted that some insurers may need to hold more capital under the risk-based capital system currently being devised.
Markel appoints Cannock as marine underwriter for Asia-Pacific
Markel International has appointed Matthew Cannock as marine underwriter in its Singapore office.
Great Eastern CEO hails stake sale as "significant step" in China expansion
Great Eastern Holdings has entered into a conditional sale and purchase agreement with Chongqing City Construction Investment to sell 25% of its equity interest in Great Eastern Life Assurance (China) Company for RMB303m (£32m).
Asia View from the Top: Risk and opportunity abound
The economy of Asia has been rapidly growing. It now accounts for one-third of world gross domestic product and is likely to exceed 50% by 2050.
Aviva Asia acquires stake in Singapore PIAS
Aviva Asia is to acquire a majority stake in the holding company that owns Professional Investment Advisory Services, a financial advisory firm in Singapore.
Q&A with DAC Beachcroft's Steven Dewhurst
DAC Beachcroft appointed Steven Dewhurst as an insurance partner in its Singapore offices in January with the aim of expanding its international network. Francesca Nyman spoke to him six months into the role to find out about the issues affecting the…
Willis opens super-yacht office in Barcelona
Willis Group Holdings is opening a new super-yacht insurance broking office at the prestigious MB92 shipyard in Barcelona.
AIA posts 28% rise in new business in H1
Pan-Asia life insurer AIA Group posted a 28% rise in the value of new business to $512m in the first half of 2012.
Talanx subsidiary HDI-Gerling Industrie opens in Bahrain
Talanx subsidiary HDI-Gerling Industrie Versicherung AG is opening a branch in Bahrain.
Willis strengthens leadership in Asia and Middle East
Willis International has created three regional business units under new and expanded leadership in recognition of the size, growth and strategic importance of its Asia Pacific, Middle East and Africa operations to Willis Group Holdings.
Locals urged to contact insurers over Singapore hotel fire
Residents and businesses affected by a fire at a Singapore hotel on Monday have been offered assistance in making insurance claims from the group that owns the facility.
Pru Singapore offers wealthy clients 'highest' critical illness pay out
Prudential Singapore, the wholly-owned subsidiary of UK-based insurance group Prudential, has launched a critical illness product targeted at affluent individuals.
Berry Palmer & Lyle opens in Singapore
Political risk broker Berry Palmer & Lyle has opened a second Asian subsidiary following the launch of a Hong Kong branch in early 2011.
Asian enterprise risk management gathering steam
The Asia insurance sector lags behind Western markets in terms of enterprise risk management. Nicky Burridge investigates the issues bringing the matter to the top of the agenda.
Braemar Techincal Services appoints new Singapore MD
John Harris has been appointed managing director at loss adjusting firm Braemar Technical Services in Singapore.
Faber Global expands in Asia with Singapore office
Faber Global, the facultative and wholesale reinsurance arm of Willis Group, has increased established a presence in Singapore to cover facultative reinsurance for Singapore and Asia.
Markel appoints trade credit analyst in Singapore
Markel International has appointed Rufin Majid as trade credit analyst in its Singapore office.
Singapore's rich vastly underinsured, research shows
Singapore's rising rich are exposing themselves to unnecessary financial risk due to inadequate insurance provisions, according to recent research.
RSA considers expansion in Indonesia, Malaysia and the Philippines
RSA may consider opportunities to expand its presence in Indonesia, Malaysia and the Philippines following an Asian restructure last week.
Willis creates new marine division in Singapore
Broker Willis has extended its risk management consultancy operations in Asia with the formation of a marine technical services division in Singapore, and has recruited Sau Weng Tang to spearhead the expansion.
Disagreement sees "house guest" Charman axed as ex-Axis chairman Butt reinstated
Axis Capital has appointed board member and former chairman Michael Butt as non-executive chairman of the board of directors, succeeding founder and former chairman John Charman.
MAS to consult on risk-based capital framework in Singapore
The Monetary Authority of Singapore has released a consultation paper on the review of the risk-based capital framework for insurance business.
Aetna launches new benefits product in Singapore after gaining licence
Aetna has received a licence to begin selling health insurance in Singapore for groups and individuals.
Former Aon VP to head up Swiss Re Asia Pacific
Swiss Re Corporate Solutions has appointed Ted Hodgkinson as head of Asia Pacific.