Singapore
Singapore motor sector returns to profit for first time since 2005
The Singapore domestic general insurance industry registered strong growth amid global economic uncertainty and huge catastrophic losses experienced in other markets, according to the latest figures from the General Insurance Association in the country.
Lloyd's quartet back Asian terrorism insurance consortium
Xin Consortium, a new insurance vehicle specialising in a Asian terrorism insurance, has been launched in Singapore.
Insurance Insight – top 10 stories
The 10 most read stories from www.insuranceinsight.eu over the past seven days.
Asia-Pacific reaches 3.3 million HNW overtaking Europe
Asia is now second only to North America in the number of high net worth individuals, and this continues to rise by 10% year on year, according to a new report.
Axa and QBE strike deals with HSBC for Asian and Central/South American P&C businesses
Axa and HSBC announced today they have entered into an agreement whereby the French insurance giant would acquire the bank’s property and casualty businesses in Hong Kong, Singapore and Mexico.
Asia-Pacific legal review
The legal profession and the insurance sector depend on each other throughout the world and as Chambers Asia-Pacific 2012 launches its editor Shi-Ning Koay provides an overview of the legal insurance specialists and the markets in this region.
AIA Group sees 13% increase in profit
AIA Group has reported a 13% rise in operating profit after tax for the year ended 30 November 2011 to $1922m.
Indian shipping firms may look to China for insurance
Indian shipping companies may turn to China in their struggle to find replacement insurance coverage when EU sanctions on Iranian oil come into force.
Great Eastern CEO optimistic about Southeast Asian market
Asia's oldest insurance group, Great Eastern, remains bullish on the prospects of the industry in Southeast Asia, despite the eurozone crisis, low penetration rates and insufficient coverage in several regions.
Ironshore enters Asian market with Singapore hub
Bermuda-based property and casualty specialist, Ironshore, is opening an office in Singapore to provide commercial products for the Asian marketplace.
Q&A Asia: Zurich
As part of Insurance Insight's new remit to cover Asia Francesca Nyman spoke to Zurich’s regional chairman for Asia Pacific and the Middle East, Geoffrey Riddell, to find out what the rapidly growing population means for the insurer.
Q&A Asia: JLT
As part of Insurance Insights new remit to cover Asia, Jardine Lloyd Thompson Asia’s chief executive officer Warren Merritt (pictured)spoke to Francesca Nyman to discussed the broker’s plans there.
DAC Beachcroft expands in Spain and Singapore
DAC Beachcroft has made appointments in its Spanish and Singapore offices to expand its international network.
AM Best affirms Asia Capital Reinsurance Group FSR
Asia Capital Reinsurance Group has had its financial strength ratings affirmed along with core subsidiaries.
Ace dental plan gains foothold in Asia
Ace Asia Pacific, part of global (re)insurer Ace Group, has extended its Ace Dental Care plan to several Asian countries.
News analysis: Escalating loss estimates in Thailand begin to trigger market fallout
It was the worst flooding Thailand had seen for 50 years and, during its four-month spell, more than 600 people died and 77 provinces were submerged in water.
BLG to close Singapore office
Insurance law firm Barlow Lyde & Gilbert will close its office in Singapore following its merger with Clyde & Co.
Two join Towers Watson in Asia
Towers Watson has strengthened its private markets research resources in Asia with the appointment of Richard Tan and Agnes Lee to its Hong Kong office.
In series: Lloyd's & London Market: Staying number one
Tightening regulation and a less advantageous tax regime are making it tough for Lloyd’s to retain its pre-eminence, but is protectionism the greater threat?
Hardy sets December 2010 start date for Singapore operation
Hardy Underwriting Bermuda has announced the opening of its new Singapore office.
Mooted HSBC GI sale a sign of the times
HSBC’s mooted plan to sell its general insurance arm is part of a growing trend of banks “retrenching”, according to an analyst.
Arthur J Gallagher acquires Singapore broker
Arthur J Gallagher has confirmed the opening of a new representative office in Singapore through the acquisition of ITI Solutions, a specialist broking house.
Markel appoints Asia CUO
Markel has named current London senior underwriter Mark Warrilow as the new chief underwriting officer of Markel International Singapore.
RSA names Hong Kong CEO
RSA has appointed Singapore country manager Chris Colahan as its new Hong Kong chief executive.