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Argenta to wind-down Singapore platform

by AIP Online Bureau | Aug 8, 2022 | Intermediaries, International News, Non-Life, Reinsurance

This change follows a decision by the ASML Board to re-allocate capacity to other underwriting opportunities worldwide, including AUA’s branch offices in Australia which are unaffected by the decision in respect of the Singapore business In due course, it is expected...

Howden acquires Singapore based AEGIS Insurance Agencies Pte

by AIP Online Bureau | May 12, 2022 | Intermediaries, International News, Non-Life, Regulation

Goh Chye Huat, CEO, Howden Asia, said: “The acquisition of AEGIS reflects our broader strategy of empowering local teams to partner with culturally aligned companies with a shared entrepreneurial culture, and is a further step in our strategy to enhance our...
Singapore port authority probes alleged bunker fuel contamination

Singapore port authority probes alleged bunker fuel contamination

by AIP Online Bureau | Apr 5, 2022 | International News, Non-Life, Reinsurance

Marine insurer Gard said in a statement that some of the vessels it insures had suffered operational issues including blackouts, and in some cases ships needed to be towed back to port Singapore is the largest marine fuel supplier in the world and sits at the...

Singaporeans fall prey to Chinese-origin ‘pig-butchering’ crypto scam

by AIP Online Bureau | Feb 20, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

Losses average USD 134,940 per person, based on over 400 victims surveyed by the organisation from North America, Europe, Taiwan and South-east Asia, according to the report “They were asked to pay administrative fees, security fees or taxes in order to reap...

Can 7th rank Mumbai overtake top Asia Pacific data centre Singapore?

by AIP Online Bureau | Feb 7, 2022 | Facts, Policy, Technology

Within the Asia Pacific region, Mumbai was ranked at a respectable 7th place after Seoul, Tokyo and Osaka and ahead of Shanghai, Melbourne and Beijing Singapore emerged as the top Asia Pacific data centre in a ranking published in January this year. It tied Silicon...
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