Singapore

Singapore offers cat bond grant

The Singapore government is attempting to kick-start the country's insurance-linked securities business by offering to cover all upfront charges.

GM Consultant hires in Asia-Pacific

Experienced former broker and underwriter Sue Yen Leow has joined international loss adjuster GM Consultant as business development manager, Asia-Pacific.

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.

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