The specialty underwriting agency has appointed a new chief operating officer to support its burgeoning growth in Asia Pacific. Delta Insurance has expanded its management team, appointing current advisory board member Kent Chaplin as COO, the firm announced…
Chubb, the world’s largest publicly traded property and casualty insurer has announced new appointments for its Asia Pacific property and casualty team. Commercial property specialist Alex Todd has joined Chubb as its head of property, a role in which he will…
AXA Insurance names a new managing director to lead its life strategic business unit, succeeding incumbent Sean Goh. Li Choo Kwek-Perroy joins as a managing director for AXA Insurance’s life strategic business unit, according to a statement, while Goh will…
Chinese firm ZA Tech Global is partnering Indonesian payments giant Ovo to offer Indonesian insurance companies access to its proprietary insurtech capabilities and applications. BCP, the holding company of Indonesia’s leading e-wallet Ovo, and ZA Tech…
Standard Chartered on Monday said it will set aside $1 billion to finance companies that are providing goods and services to tackle the Covid-19 outbreak. The lender plans to offer financing at preferential rates to firms that are manufacturers and…
The acquisition aims to capitalize on the high demand for student housing in Australia, the third most popular country for international students. A joint venture comprising AXA Investment Managers – Real Assets, Allianz and APG have agreed to acquire…
The authorities in both countries signed a Memorandum of Understanding (MOU) to strengthen cooperation in insurance supervision. The Monetary Authority of Singapore (MAS) and the Office of Insurance Commission (OIC), Thailand, on Thursday signed a Memorandum…
Sun Life Asia appoints a new president with incumbent Claude Accum to step down and retire on December 31 this year. Léo Grépin will become the president of Sun Life Asia in 2020 which currently encompasses life, health and wealth management businesses in…
Mitsui Sumitomo Insurance Co., Ltd. (President: Noriyuki Hara, “MSI”), a member of MS&AD Insurance Group, sets up two Global Digital Hubs (“GDH”) in Singapore and Tokyo as bases to support global digitalization. In April 2018, MSI established a Digital…
Việt Nam’s insurance industry maintained positive growth in the first quarter of this year, with total premiums surging by 17 per cent year-on-year, according to reports from the General Statistics Office. Life insurance surged by 23 per cent, while non-life…
General insurer MSIG Vietnam celebrated its 10th anniversary recently at the Sheraton Hanoi Hotel and Hotel Nikko Saigon (Ho Chi Minh City) on 11th and 12th March 2019 respectively. More than 500 partners, customers and staff attended the celebrations which…
His key responsibilities include driving the expansion of the bank’s wealth planning, family office and insurance offerings, and providing holistic solutions and advisory for high net worth families. DBS Bank on Friday has appointed Lee Woon Shiu as Head of…
New office caters to burgeoning international demand for Australia’s investor migration programs, as well as interest from within Australia for alternative residence and citizenship options abroad. Global firm in residence and citizenship planning Henley &…
Allianz Malaysia Bhd’s earnings increased by 15.3% in the fourth quarter ended Dec 31, 2018 (Q4) to RM100.04 million, from RM86.78 million in the previous corresponding quarter mainly due to higher underwriting profit from motor business arising from lower…
SK Telecom, Korea’s top mobile carrier, and Hyundai Motor will jointly enter the insurance business, partnering with Hanwha General Insurance to bring their technology expertise to the industry. The Financial Services Commission (FSC), the country’s top…
CIMB Group Holdings Bhd has obtained the green light to establish its investment banking business in the Philippines. In a filing with Bursa Malaysia, the group said its wholly owned subsidiary CIMB Group Sdn Bhd had on Jan 23 received the relevant approvals…