Singapore
Senn steps down as Zurich’s group chief executive
After ten years with Zurich Insurance Group, six as group chief executive, Martin Senn has decided, by mutual agreement with the board of directors, to step down at the end of the year.
Zurich withdraws from life business in Singapore
Zurich International Life, part of the Swiss-based Zurich Insurance Group, has announced that it will stop writing new business in Singapore from Tuesday, 1 December.
Life industry responds to Singapore commission cap delay
The Monetary Authority of Singapore has delayed the 55% cap on commission financial advisers receive from the sale of life insurance policies a year after the industry asked for more time to implement the changes.
UBS appoints Koh head of wealth management Asia Pacific
Edmund Koh has been named head of UBS Wealth Management Asia Pacific replacing Kathryn Shih, who has been named president of UBS Asia Pacific. Both appointments are effective 1 January 2016.
Joseph Kwok to depart PIAS
Joseph Kwok will step down from his role as deputy general manager of Singapore-based Aviva subsidiary Professional Investment Advisory Service (PIAS), effective from 25 November.