Great American Insurance Group announced its lead insurer, Great American Insurance Company, has received preliminary approval from the Monetary Authority of Singapore to establish a branch operation. It plans to begin underwriting risks once all pre-conditions for licensing have been …
Berkshire Hathaway Specialty Insurance (BHSI) announced two appointments to its leadership and underwriting team in Asia, naming Malin Fredriksson as Asia regional head of first party lines, and Kiran Prakash as Asia regional head of engineering and construction, both based …
XL Group announced it has appointed Robin Johnson as country manager for Singapore with responsibility for continuing to drive the growth of the group’s insurance business in the region. Johnson, whose industry career spans senior positions in underwriting, distribution and …
Partner Reinsurance Asia Pte. Ltd., a wholly owned subsidiary of PartnerRe Ltd., has been licensed by the Monetary Authority of Singapore to operate as a non-life and life reinsurer, capitalized in Singapore, according to an announcement from PartnerRe. As of …
Berkshire Hathaway Specialty Insurance (BHSI) announced that it has received its non-life insurance license in Singapore, and named Marc Breuil as regional president, Marcus Portbury as head of third party lines, and Peter McKenna as head of energy and construction …
AIR Worldwide announced the opening of an office in Singapore to meet the expanding needs of clients in the Asian insurance market. “AIR has kept pace with the fast-growing markets and our equally fast-growing client base in Asia by opening …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of Sompo Japan Insurance Inc. as well as the FSR of ‘A ‘(Excellent) and ICR of “a” of its subsidiary, …
Faber Global, the facultative and wholesale reinsurance arm of Willis Group Holdings, announced that it has increased its global reach by establishing a presence in Singapore to cover facultative reinsurance for Singapore and Asia. The bulletin noted that “Faber places …
XL Group announced that its Political Risk and Trade Credit (PRTC) business has received approval from Lloyd’s to write Political Risk and Trade Credit risks using the Lloyd’s platform via XL Group’s Lloyd’s Syndicate #1209. XL also announced the expansion …
Starr Companies announced that it has received a direct general license from the Monetary Association of Singapore (MAS) to operate as a direct insurer in the Republic. The insurance license was specifically granted to Starr International Insurance (Singapore) Pte. Ltd., …
