HDI recently expanded its Asia offering to include Political Risk and Credit and Graham Silton—MD for Singapore—says the group has plans for further regional expansion in 2024.
The Japanese insurer is understood to be targeting large South Korean insurers interested in expansion, though reports in Malaysia suggest other Japanese insurers might be inte
Amid economic uncertainty, Singapore's life insurance sector sees a downturn in new business premiums but a surge in annual premium policies and claim settlements in 1H 2023.