HSBC Life Singapore has launched HSBC Life Indexed Flexi Income, an indexed universal life (IUL) plan designed to provide lifetime income, wealth accumulation and protection across different life stages, supporting longevity and retirement trends in Singapore alongside inter-generational wealth transfer objectives.
MS Amlin, the Lloyd's global specialist (re)insurer, has renewed its Phoenix Re catastrophe bond for the sixth consecutive year, increasing collateralised capacity to $115m - the largest issuance to date.
As it commences underwriting operations in Singapore and Hong Kong, recently launched MGA, Prism, has appointed Mr Luca Ronsisvalle as Head of Marine Cargo and Mr Jan von Kamp as Head of Energy, Power and Renewables.
QBE has announced two new appointments for its Singapore marine business.
PRISM, a newly founded managing general agent (MGA), has officially launched in Singapore and Hong Kong, backed by seasoned industry professionals and specialty insurer and reinsurer Convex, as well as Efinity Insurance Solutions (EIG). A press release from PRISM stated that the company opened for business on 18 December.
Young caregivers aged 10 to 20 suffer significant emotional strain and fear when a parent falls critically ill, according to Income Insurance.
Manulife Singapore has launched an Artificial Intelligence Centre of Excellence (AI COE), which will focus on developing and scaling AI solutions in insurance.
S&P Global Ratings has assigned a 'AA-' long-term financial strength rating to Singapore Reinsurance (Sing Re). The stable outlook reflects that on the guarantor, Odyssey Re, and is aligned with the outlook on the ultimate parent, Fairfax Financial Holdings.
Aon has appointed Ben Jones as its new chief operating officer for Asia Pacific beginning 8 December 2025.
HDI Global has appointed Mr Peter Schraa as Head of Marine in Singapore. In his new role, he will work closely with local underwriters in HDI Global's Singapore office to further develop the marine portfolio.