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Insurance
ACE expands financial lines expertise in Asia
Insurer ACE has appointed Kamal Hamzah as regional medical malpractice manager for Asia as it continues to expand its financial lines product portfolio in the region.   18 May 2015
Insurance
MSIG at Lloyd’s hires Axa underwriter to boost property
MSIG at Lloyd’s, the international specialty arm of Mitsui Sumitomo Insurance Group, has appointed Martin Eyres as property underwriting manager and promoted Andrew Dougall as head of property/casualty.   14 May 2015
Insurance
Howden boosts Singapore office with staff from JLT
Howden International, part of Hyperion Insurance Group, has hired Goh Chye Huat into its international broking business as chief executive officer and principal officer of its Singapore retail operation.   14 May 2015
Insurance
Cyber security worries will drive investment
Nearly nine in 10 financial services firms plan to increase their investment in risk-management capabilities in the next two years in response to emerging risks of cyber security and fraud, according to a new report from Accenture.   13 May 2015
Insurance
Fosun builds war chest for more insurance acquisitions
Fosun International, the Chinese investment company with substantial stakes in companies including Peak Re and Ironshore, has raised some HK$9.3 billion ($1.2 billion) from a share sale with the intention of funding more acquisitions in the insurance sector.   13 May 2015
Insurance
Growth in Asia will boost London-Singapore ties
The rising demand for financial services in Asia offers many opportunities for London and Singapore to strengthen their connections for sustainable insurance growth, Ravi Menon, managing director of the Monetary Authority of Singapore (MAS) told the Insurance Institute of London in a speech at Lloyd’s yesterday (Tuesday May 12).   13 May 2015
Insurance
Lloyd’s would be “fool-hardy” to ignore emerging hubs, says Beale
Inga Beale, the chief executive of Lloyd’s, challenged the notion that the growth of global business hubs such as Singapore could be damaging to the London market, and Lloyd’s in particular, in a speech in Singapore today (Tuesday May 12).   12 May 2015
Insurance
M&A surge still well short of pre-crisis levels
Merger and acquisition (M&A) activity in the insurance industry is rising although the number of deals still remains well below levels seen before the financial crisis, Swiss Re's latest sigma study has shown.   12 May 2015
Insurance
Australian cat losses will hit non-life earnings
A string of recent natural catastrophe events in Australia is expected to materially affect non-life insurers’ upcoming earnings for the fiscal year that ends June 30, 2015, according to AM Best.   12 May 2015
Insurance
Amlin's reinsurance chief steps down
Kevin Allchorne, the global managing director of Amlin's global reinsurance division, has stepped down from the role for personal reasons but remains with the company.   11 May 2015

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