Singapore

William Shaw appointed Deputy CEO at Texel, Angela Chang promoted to MD for Asia

July 17 2024

Shaw (pictured left) was Texel Group's fourth employee in 2003 and established Texel's Asia operation in 2012, while Chang (pictured right) is elevated after joining in 2022.

allianz-makes-offer-to-acquire-majority-stake-in-singapores-income-insurance

Allianz makes offer to acquire 51% stake in Singapore's Income Insurance

July 17 2024

Allianz announces pre-conditional voluntary cash offer to acquire at least 51% of Income Insurance, valuing transaction at SGD 2.2bn (US$1.64bn).

munich-re-promotes-thibault-imbert-to-principal-for-digital-solutions-pandc

Munich Re promotes Thibault Imbert to Principal for Digital Solutions P&C

July 17 2024

Imbert has been with the German reinsurer for nearly six years and moved to Singapore in 2021.

Singapore targets private wealth managers for ILS investment

July 16 2024

SGX has listed seven ILS so far in 2024 and the MAS said issuers from India and Africa are considering Singapore as a domicile.

ocbcs-increases-stake-in-great-eastern-to-93-52-at-close-of-offer

OCBC increases stake in Great Eastern to 93.52% at close of general offer

July 13 2024

Stake below 98.87% threshold for compulsory acquisition, but OCBC said it will not take steps to maintain public listing if free float requirements are unmet.