HSBC Life Singapore's management team has welcomed new chief product officer Lee Kah Jing, chief risk officer Gajan Yogaranandan and CFO Kapil Arora. Their appointments seek to support the Singapore insurance business's growth further as it ramps up its local manufacturing and distribution activities
QBE has appointed Ronak Shah as their Singapore CEO.
Global Business Counselling has appointed Mr Stephen Rosling to its board of directors.
Get up to speed on the latest developments in the insurance industry right here.
Munich Re Syndicate Labuan (MRSLab) has named Mr James Ng as general manager and principle officer based in Kuala Lumpur. He succeeds Mr Hassan Mohd Mustafa who will assume the role of director of portfolio management. Mr Hassan has been involved in the insurance industry for almost 40 years and has been at Munich Re for over six years.
Efforts are continuing in the local insurance sector to increase the Emiratisation rate that currently stands at less than 15%.
The Thinking Ahead Institute's (TAI) 'Extreme risks 2019 report and ranking', which categorises rare events that could have a high impact on global economic growth and asset returns, has a new top three- global temperature change, global trade collapse and cyber warfare.
According to a new report 'Taking the Heat: Making Cities Resilient to Climate Change' by Goldman Sachs Global Markets Institute, cities will be on the frontlines of climate adaptation and building up their resilience has the potential to drive one of the largest infrastructure build-outs in history and will likely require innovative sources of financing.
According to a new survey conducted by AT&T, 40% of respondent IT security professionals think paying to retrieve data targeted by ransomware should be made illegal.
Guy Carpenter, a subsidiary of Marsh & McLennan Companies (MMC), has appointed former vice chairman David Priebe as chairman with immediate effect. Based in New York, Mr Priebe has held various leadership roles at Guy Carpenter since 1981 and possesses broad global experience in reinsurance.