Koin intensified, instead of weakening as expected, with Hong Kong issuingits second highest storm signal at 7pm, before lowing it again just before midnight local time.
The broker group has announced its expansion into the US insurance market following an agreement to acquire ISU Group, one of the largest independent insurance agency networks in America.
The experienced McDonnell will move from the UK, where he held positions such as COO for The Integrity Council for The Voluntary Carbon Market and CRO at Royal & Sun Alliance Insurance Group.
The Monetary Authority of Singapore is encouraging the use of innovative insurance products to address uncertainties and risks involved in financing early retirement of coal-fired power plants.
