singapore insurance sales exceed two bn
Sales of insurance products in Singapore grew 8% over the last year to the end of December compared to 2011, the Life Insurance Association of Singapore has revealed.
Singapore
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Australia’s Easton acquires stake in AAM
Easton Investments, a Melbourne, Australia-based, Australian Securities Exchange-listed company, is purchasing a 19.9% stake in Singapore’s AAM Advisory, as it seeks to boost its presence in the booming southeast Asian city-state.
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singapores mas consulting insurers on
Singaporean insurers and others are being invited to submit their views on a plan by Singapore's regulator to tighten up on the rules under which direct general insurers and reinsurers in the city-state are permitted to carry out their investment management activities.
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fair is fair say singapores advisers
Financial advisers and insurance industry executives in Singapore say a just-released raft of recommendations for improving the standards of Singapore’s financial advisory industry is “fair”, and properly takes into account the industry’s current level of development, as well as that of its market.
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aviva acquisition of singapores pias
Aviva’s deal to acquire around 81% of the holding company which owns Singapore’s Professional Investment Advisory Services Pty (PIAS) is going ahead, following approval this week from the Singaporean regulator.
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aviva bid for singapores pias
Aviva’s deal to acquire around 81% of the holding company which owns Singapore’s Professional Investment Advisory Services Pty is still on, in spite of being at least two months late in its scheduled completion, according to the managing director of the Australian company selling PIAS.
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asian and indian clients catered for
Standard Life, which last year formally opened an office in Singapore in preparation for marketing investment products there, today unveiled a suite of three basic products that it plans to market specifically to affluent Asian and Indian clients as well as to the more traditional, English-speaking expatriate sector.
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Singapore signs up for IMF financial stability
Singapore’s financial regulator and central bank has said the country will participate in the International Monetary Fund’s Financial Sector Assessment Programme in 2013.
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pru singapore appoints tomas urbanec as ceo
Tomas Urbanec is the new chief executive officer of Prudential Singapore following the retirement of Kevin Holmgren who has plans to return to the USA.
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mas reprimands aon consulting for improperly
The Monetary Authority of Singapore has reprimanded Aon Consulting (Singapore)Pte, part of the London-based insurance and consulting giant Aon plc, for violating regulations covering financial advisers.
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singapore coping with the high price
Singapore, like Hong Kong, is continuing to benefit from the uncertainty and instability elsewhere in the world, while at the same time struggling to cope with such side-effects of this success as inflation, currency appreciation and a shortage of affordable housing. Helen Burggraf reports.
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eu and singapore agree landmark
The European Union and Singapore have agreed what was described in an EU statement as “one of the most comprehensive” agreements the bloc has ever negotiated.