Zurich Insurance is exploring a sale of its Hong Kong and Singapore operations as it reviews its non-core businesses outside Europe, sources familiar with the matter said. The Swiss insurer has discussed the plan with several investment banks but has …
Allianz SE, AXA SA and Sompo Japan Nipponkoa Holdings Inc. made final bids for the rights to distribute their general insurance products through CIMB Group Holdings Bhd.’s branches across Asia, people with knowledge of the matter said. CIMB could fetch …
Brit Ltd., the London-based specialty insurer, has opened an office in Singapore, which will begin operations on March 1 via the Lloyd’s Singapore platform. Brit has received approval to begin underwriting from both Lloyd’s and the Monetary Authority of Singapore …
Lloyd’s has started holding open trading sessions at its Singapore hub, which are designed to speed up insurance placements. The sessions enable brokers to see multiple markets at one time and provide faster turnaround times as quotes are given, lines …
Xchanging plc, the London-based business technology and services provider, has won a three-year contract to supply insurance services to the Lloyd’s service companies operating from the Lloyd’s Asia platform in Singapore, with effect from Jan. 1, 2016. The new cloud-based …
Aspen Insurance Holdings Limited announced the entry of its insurance segment, Aspen Insurance, into Singapore through Aspen’s Lloyd’s syndicate on the Lloyd’s Asia platform, effective Jan. 1, 2016. The launch, which is subject to regulatory approval, is consistent with Aspen’s …
Jardine Lloyd Thompson Group plc sued Howden Insurance Brokers in a bid to thwart plans by the rival to poach 17 of its Singapore staff. The broking arm of Hyperion Insurance Group, headhunter Huntington Search Partners Pte, JLT Singapore Managing …
ACE Group has created a dedicated and centralized unit in Asia Pacific in response to increasing demand from corporate customers to deliver tailor-made risk transfer and risk managed solutions. Based in Singapore, this unit will provide customized products and services …
Howden International, part of Hyperion Insurance Group, has appointed Goh Chye Huat as chief executive officer and principal officer of its Singapore retail operation, subject to regulatory approval and completion of the customary notice period with his existing employer. Goh …
Berkshire Hathaway Specialty Insurance (BHSI) today announced another key addition to its leadership team in Asia, naming Min Ong as Asia regional head of energy, based in Singapore. Malin Fredriksson, Asia regional head of first party lines, said, Ong has …
