friends provident knights resigns
David Knights, Friends Provident Internationals general manager for the North Asia region, has left the company.
David Knights, Friends Provident Internationals general manager for the North Asia region, has left the company.
Axa Hong Kong (Life) and Axa Singapore (Life) are to target Asia’s growing number of high net worth individuals with a new range of products and services, and have named David Varley to oversee the operation.
The UK and Singapore have agreed to deepen their financial and economic cooperation and also supported the setting up of a private sector forum to boost development of the offshore renminbi market
Singapore’s life insurance industry saw total weighted new business premiums last year jump by more than a quarter, or 28%, over 2012’s total, which itself was a record.
Singapores life insurance industry saw a 28% growth in its new business premium for the year 2013, according to the citys insurance industry association, which said sales had been particularly strong in annual premium products.
The Monetary Authority of Singapore and the Singapore Exchange have drawn up plans to strengthen the securities market after shares in three companies unexpectedly plummeted on the same day last year.
The Monetary Authority of Singapore is to allow eligible financial institutions to apply for a licence permitting them to invest in China’s onshore securities market.
The Singapore government is to tighten controls aimed at combating money laundering and terrorist financing in some sectors‚ as the City regulator warns financial adviser controls “show weakness”.
Financial advisers, brokers and others with products and services to sell in Singapore are altering their business models ahead of the launch of a “Do Not Call Registry” in the city-state.
The Singapore Exchange and Thomson Reuters have launched a suite of Singapore dollar bond indices.
Prudential has taken its first step into the African life insurance market, by acquiring Ghanaian insurer Express Life from Africa/Asia financial services specialist, Leapfrog.
Annette King, currently the president and chief executive officer of Manulife Singapore, has been named to take on a newly-created regional role, which will be based in Manulife's regional offices in Hong Kong, International Adviser has learned.