Reinsurance News

Singapore

Price Forbes Singapore expands treaty reinsurance team with senior hires

16th March 2026

Global specialty broker Price Forbes continues to expand its newly formed treaty reinsurance team in Singapore with four senior appointments – Bruce Ford, Goh Thian Leong, Mark Foster, and Florence Lam Puoy Yin. These appointments follow the recent hire of Dick Heath as Head of Reinsurance and Wholesale, Singapore, further ... Read the full article

Galaxy Insurance Consultants (Singapore) obtains MAS Reinsurance Broking Licence

27th February 2026

Galaxy Insurance Consultants (Singapore) has announced it has officially been granted a Reinsurance Broking Licence by the Monetary Authority of Singapore (MAS). This regulatory approval allows the form to bridge the gap between regional clients and the global reinsurance market. “This significant achievement strengthens our position as a trusted insurance partner in ... Read the full article

Chubb appoints Cherry Gao as Head of Major Accounts & Global Broking, Singapore

19th January 2026

Large US insurer Chubb has announced the appointment of Cherry Gao as Head of Major Accounts & Global Broking, Singapore, effective 19th January 2026. Gao brings nearly 20 years of regional and multinational experience spanning underwriting, broker engagement, and complex risk solutions. She joins Chubb from Berkshire Hathaway Specialty Insurance, where she ... Read the full article

Sompo APAC promotes Li Li Leong to Head of Actuarial, Singapore

2nd October 2025

Sompo Asia Pacific, part of Sompo International Holdings Ltd., has announced the promotion of Li Li Leong to Head of Actuarial, Singapore. In her new role, Leong will lead Sompo Insurance Singapore’s Actuarial Division, responsible for full regulatory compliance while overseeing risk analysis and product pricing. She will also support strategic ... Read the full article

Specialist Risk Group establishes regional hub in Singapore

25th March 2025

Insurance industry intermediary Specialist Risk Group (SRG) has formally launched its Asia Pacific operations, establishing a regional hub in Singapore, backed by Warburg Pincus and Temasek. This launch builds on the acquisition of the majority of SRG shares by the two Singapore-domiciled global investors in September 2024. The newly launched hub ... Read the full article

Markel names Wanshi Lin Head of Singapore

15th January 2025

Global specialty insurer Markel has announced the appointment of Wanshi Lin to the newly created Head of Singapore position, effective immediately. In her new role, Lin will lead the underwriting team in Singapore and drive business planning and market engagement on the company's Lloyd's Singapore platform. Her appointment to this newly created ... Read the full article

Allianz withdraws offer to acquire majority stake in Income Insurance

16th December 2024

Following the Singapore Government’s announcement during the parliament sitting on October 14th and subsequent changes to the Insurance Act, Allianz Group has withdrawn its pre-conditional voluntary cash general offer to acquire a majority stake in Income Insurance Limited. The original offer was announced on July 17th, 2024 and was made ... Read the full article

LK Re Singapore named UK Lloyd’s broker

6th December 2024

LK Re, a specialist in reinsurance brokerage and Singapore subsidiary of LK Insurance Brokerage, has been selected as a registered broker by Lloyd’s in the UK. This move marks the first time that an overseas subsidiary established by a Korean insurance broker has been granted this status. LK Re's registration as a ... Read the full article

Singapore aims to reinforce position as leading Asian reinsurance hub: Deputy PM Gan Kim Yong

4th November 2024

In his keynote address at the 20th Singapore International Reinsurance Conference (SIRC), Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry, and Chairman of the Monetary Authority of Singapore (MAS), outlined a detailed plan to reinforce Singapore as Asia’s leading reinsurance hub. While Gan's keynote touched on numerous ... Read the full article

Markel strengthens Singapore & Hong Kong teams with key hires

5th August 2024

Markel, the insurance operations within Markel Group Inc., has announced several key appointments to its Singapore and Hong Kong teams, strengthening its operations and underwriting capabilities in the Asia Pacific region. Alvernia Xu has been named Head of Operations, Asia Pacific, based in Singapore. In her new role, she will ensure ... Read the full article

Yixiang Yang named APAC Head of Accident and Health at Tokio Marine Kiln

8th July 2024

Tokio Marine Kiln (TMK), part of global insurance group Tokio Marine, has appointed Yixiang Yang as the new Head of Accident and Health for the Asia-Pacific region, effective immediately. Yang is an expert in accident and health underwriting with nearly 20 years of experience in the APAC region. He joins TMK from ... Read the full article

Mark Houghton joins Canopius as Global Product Leader, Specialty

18th June 2024

Canopius, a global specialty and P&C (re)insurer, has announced the appointment of Mark Houghton to the newly created role of Global Product Leader, Specialty. Starting in October, Houghton will oversee the governance, performance, and standards of Canopius’ specialty underwriting lines across the business. He will also drive product development and innovation while ... Read the full article

Kay International AMEA Limited establishes wholly owned subsidiary in Singapore

5th March 2024

Kay International AMEA Limited, an independent underwriting managing agency and reinsurance brokerage, has established a wholly owned subsidiary in Singapore, with the aim of expanding its facultative and treaty reinsurance broking and placement services to South East Asia. The company received its final approval from the Monetary Authority of ... Read the full article

MGA and Lloyd’s syndicate Volante launches in Singapore

1st June 2023

Asta, a third-party managing agent at Lloyd’s, has announced that Volante Global, a multi-class, multi-territory international MGA and Lloyd’s syndicate has launched in Singapore. Volante Singapore will offer re/insurance solutions across Asia Pacific, Greater China, Southeast Asia, South Korea, and Japan through Volante’s own A-rated Lloyd’s Syndicate 1699. The focus for its ... Read the full article

Asta expands global presence with opening of service company in Singapore

10th March 2023

Lloyd’s third-party managing agent Asta has announced the strengthening of its global presence by setting up a service company in Singapore. Asta states that it has launched a service company that will enable clients to easily establish a Lloyd’s operation directly in the region. To clients wishing to participate on the Lloyd’s ... Read the full article