Message It gives the Reinsurance Brokers Association (Singapore) RBAS great pleasure in sponsoring the 22nd Edition of the Reinsurance Directory of Asia published by Asia Insurance Review (AIR). Over the past 21 years AIR s Reinsurance Directory has become the definitive guide and document for information regarding the who s who of the Asian reinsurance world. Now also in electronic copy, it is a publication RBAS is proud to be associated with. The cycles of reinsurance as discussed by the AIR Editor -in-chief, Mr Sivam Subramaniam are fickle and frequent. Each cycle is different, each one is driven by different commercial buzzwords and macroeconomic factors, but they all result in the development of dynamic new products, novel methods of delivery and extraordinary innovation within the industry. The strongest driving force in a soft market cycle is the survival of the fittest and that alone drives the special breed of players the better participants to higher levels of excellence. The RBAS membership of 12 is such an industry breed of participants and as quality businesses, it gives us great pride to work with the AIR who in itself represents a quality bench mark in its own field. For almost 20 years, the RBAS has represented the professional body for reinsurance brokers licensed in Singapore. RBAS actively promotes the education of related parties and individuals. It supports the professional efforts of its members and the overlying development of Singapore as the leading regional reinsurance centre in Asia. It promotes close dialogue with and between regulators, competitors, suppliers and markets, always mindful of its regional and international role and the responsibilities of its membership as leaders of industry practice. RBAS requires its membership to conform to its rules and regulations regarding accounting, compliance, contract certainty, ethics, professional indemnity coverage and code of conduct. The members of the RBAS wish you all a fruitful and prosperous year ahead, and we are sure you will make good use of this excellent directory. Richard N C Austen Chairman Reinsurance Brokers Association (Singapore) 5
Reinsurance Brokers Association (Singapore) 69 Amoy Street Singapore 069888 Telephone: +65 6372 3189 Fax: +65 6224 1091 secretariat@rbas.org.sg www.rbas.org.sg T he Reinsurance Brokers Association (Singapore) or RBAS was established on 19 December 1995. Executive Committee: Mr Richard N Austen (Chairman) Mr Nick Cochrane (Vice Chairman) Mr Alex Chan (Honorary Secretary) Mr Pang Kah Kim (Honorary Treasurer) Membership: Currently there are 12 reinsurance brokers registered and conforming to the standards and requirements laid down by RBAS. Objectives: The Association s main objectives are to: Establish a forum and standard for Licensed Singapore Reinsurance Brokers; Safeguard their professional interests and to enhance and promote their effectiveness; Promote compliance and protect our industry s ethical and legal standards; Promote the education and training of persons practising or intending to practise reinsurance broking in Singapore; Contribute to thinking and action on proposed and existing legislation, as well as present a cohesive channel of communication and representation for members to regulators and legislators; and Promote a forum for an exchange of views and information between members and other local and international associations and professional bodies. 11
Aon Benfield Asia Pte Ltd 2 Shenton Way #26-01, SGX Centre 1 Singapore 068804 Telephone: +65 6535 6511 Fax: +65 6532 2977 vinod.krishnan@aonbenfield.com www.aonbenfield.com Mr Vinod Krishnan (Chief Executive Officer, Asia) Aon Benfield, a division of Aon plc, is the world s leading reinsurance intermediary and full-service capital adviser. We empower our clients to better understand, manage and transfer risk through innovative solutions and personalised access to all forms of global reinsurance capital across treaty, facultative and capital markets. As a trusted advocate, we deliver local reach to the world s markets, an unparalleled investment in innovative analytics, including catastrophe management, actuarial and rating agency advisory. Through our professionals expertise and experience, we advise clients in making optimal capital choices that will empower results and improve operational effectiveness for their business. With more than 80 offices in 50 countries, our worldwide client base has access to the broadest portfolio of integrated capital solutions and services. To learn how Aon Benfield helps empower results, visit our website www.aonbenfield.com 12
Asia Reinsurance Brokers Pte Ltd 24 Raffles Place #29-01 Clifford Centre Singapore 048621 Telephone: +65 6538 7818 Fax: +65 6538 7717 arb@arbrokers.asia www.arbrokers.asia Asia Reinsurance Brokers (Labuan) Ltd. Suite 36-02 Menara Dion 27 Jalan Sultan Ismail 50250 Kuala Lumpur, Malaysia Tel. No.: +603 2072 0388 Fax No.: +603 2072 7388 PT Asia Reinsurance Brokers Indonesia Graha Indomonang, 3rd Floor Jl Mampang Prapatan Raya no 55 Jakarta 12760, Indonesia Tel. No.: +62 21 291 223 77 Fax No.: +62 21 291 223 75 ARB Philippine Representative Office Rm. 605, Pearlbank Centre 146 Valero Street Salcedo Village, Makati City 1227 Philippines Tel./Fax No.: +632 812 0320 Mr Richard Austen (Chief Executive Officer) ) Richard.Austen@arbrokers.asia Mr Goh Thian Leong (Managing Director) ) TL.Goh@arbrokers.asia Ms Valerie Tow (Chief Financial Officer) ) Valerie.Tow@arbrokers.asia Mr Mark Foster (Director) ) Mark.Foster@arbrokers.asia Mr Michael Seward (Director) ) Mike.Seward@arbrokers.asia Mr Roy Sharma (Director) ) Roy.Sharma@arbrokers.asia Mr Wilfrido Bantayan (Director, Regional Development) ) Willy.Bantayan@arbrokers.asia Mr Eric Low (Director) ) Eric.Low@arbrokers.asia Founded in 2000 we were rebranded Asia Reinsurance Brokers (ARB) in April 2008. We are an independent specialist reinsurance and insurance risk solutions provider. Delivering reliable intellectually crafted concepts and long term solutions to our clients around the region has brought us levels of trust and market credibility unrivalled by our competitors Our clients are insurers, reinsurers, brokers, major corporations, agents, banks and interest groups. 13
Guy Carpenter & Company Pte. Ltd. 8 Marina View #09-06 Asia Square Tower 1 Singapore 018960 Telephone: +65 6922 1900 Fax: +65 6327 3134 AsiaPacificCommunications@guycarp.com www.guycarp.com Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist. Since 1922, the company has delivered integrated reinsurance and capital market solutions to clients across the globe. With over 2,300 professionals in more than 60 offices around the world, Guy Carpenter delivers a powerful combination of broking expertise, strategic advisory services and industry-leading analytics to help clients achieve profitable growth. 14
Ikatan Asia Pacific Reinsurance Brokers Pte Ltd 3 Shenton Way #25-06 Shenton House Singapore 068805 Telephone: +65 6222 8922 Fax: +65 6224 0330 resource@ikatan.com.sg http://www.ikatan.com.sg/ Key Personnel: Ms Wee Choo Neo (CEO) Classes Handled: General Reinsurance Geographical Region Served: Asia Ikatan Asia Pacific is an Asian reinsurance brokerage founded in 1987. It is registered with and regulated by the Monetary Authority of Singapore. Ikatan specialises in portfolio-building and product development for insurance companies, reinsurers and retail brokers. From conceptualisation to policy launch in six select Asian insurance markets, Ikatan helps design and construct risk management solutions relating to reinsurance capacity and protection. Team Ikatan obtains purchase and delivery of reinsurance solutions through strategic collaborations with brokerages in India, Taiwan, London and at Lloyd s. 15
J.B. Boda & Co (S) Pte Ltd 78 Shenton Way #14-01 Singapore 079120 Telephone: +65 6223 0977 Fax: +65 6225 3790 jbbsin@jbboda.com.sg www.jbboda.com.sg, www.jbboda.net Management Team: T Prakash Rao (Managing Director & CEO) A U Nayak (Director) Bernard Choo (Head of Marketing) Belinda Sim (Deputy General Manager) Terence Kessler (Deputy General Manager) Vikas Mahajan (Deputy General Manager) Ram Garg (Deputy General Manager) Gaurav Verma (Deputy General Manager) Cindy Tan (Manager) Classes Handled: Treaty & Facultative Besides traditional business and treaty solutions under both Proportional & Non-proportional; Aviation, Agriculture (Crop / Livestock), Energy, Financial & Specialty Casualty, Financial Institutions, Marine Hull & Cargo, Micro Insurance, Property / Engineering, Fine Arts & Specie, Terrorism / Kidnap & Ransom J B Boda Group has strived to be the Preferred Service Provider and Employer of Choice in the Reinsurance Broking and Allied Services field. From designing and placement of Treaty Reinsurance Programmes and Large Facultative Risks through to CAT Modelling, Actuarial Services & Risk Exposure Analysis, J B Boda (Singapore) services its clientele with distinction throughout the Asian and Pacific territories. As the oldest and largest Insurance Broking House in India (founded in 1943), J B Boda Group has on its role more than 1,000 Reinsurance Professionals working as Risk Engineers, Life Reinsurance & Valuation Professionals, Master Mariners, Licensed Surveyors, Average Adjustors and Chartered Accountants. J B Boda Group continues to service the clients with sincerity, honesty & integrity which have stood in good stead for all these years. 16
JLT RE 138 Market Street #07-01 CapitaGreen Singapore 048946 Telephone: +65 6333 6006 Fax: +65 6333 6116 www.jltre.com Mr Stuart Beatty (Chief Executive Officer, APAC) Stuart.Beatty@jltre.com Mr Alex Harkins (Chief Operating Officer, APAC) Alex.Harkins@jltre.com Mr Kenny Moyes (Chief Executive Officer, Asia) Kenny.Moyes@jltre.com Mr Patrick Kim (Managing Director, Treaty, Asia) Patrick.Kim@jltre.com Mr Julian Franzman (Managing Director - Marine and Aviation, APAC) Julian.Franzman@jltre.com Mr Jonathan Miles (Managing Director - Casualty and Financial Lines, APAC) Jonathan.Miles@jltre.com Classes Handled: All Classes of Treaty & Facultative Reinsurance and Analytics Geographical Regions Served From This Office: Access Worldwide network in 30 locations for our clients in Asia Pacific JLT Re s trusted team of 700 colleagues worldwide combines market leading expertise and proprietary analytical tools with the freedom to challenge conventions. Deep specialist knowledge and extensive experience of both the reinsurance market and clients own industries and sectors enables JLT Re to ask smarter questions, innovate and deliver better results tailored to meet client needs. 17
Lockton Companies (Singapore) Pte Ltd 6 Raffles Quay #19-01A Singapore 048580 Telephone: +65 6221 1288 Fax: +65 6221 1109 www.lockton-asia.com/singapore Key Services and Solutions Cyber Risks Directors & Officers Liability Expatriate Medical Employee Benefits Group Medical Group Travel Health Risk Solutions Mergers & Acquisitions Political & Trade Credit Risk Product Liability & Recall Professional Indemnity Property & Casualty Insurance Strategic Risk Management Surety WICA Ms K Sarogenei (Chief Executive Officer) Ms Jennifer Siew (Senior Vice President - Corporate & Multinational Accounts) Mr C Nandakumar (Director - Professions & Financial Risks) Mr Andrew Merrilees (Regional Head - Employee Benefits) Mr Clarence Goh (Regional Director - Trade Credit & Surety) Since we opened our doors in 1976, there has been no looking back for Lockton Companies (Singapore) Pte Ltd. Today, we are one of Singapore s leading insurance brokers with more than 50 dedicated professionals tasked with the responsibility of ensuring that our clients receive expert and timely insurance and risk management advice. We are the world s largest privately held, independent insurance broker. 18
Marnix Insurance Brokers Asia Pte. Ltd. 138 Market Street #31-04 CapitaGreen Singapore 048946 Telephone: +65 6236 9150 info@marnix.com.sg http://www.marnix.com.sg/ Reinsurance Products: Treaty and Facultative Reinsurance, Property/ business interruption, public liability, marine cargo insurance, hull insurance, contractor s all risks/ erection all-risks, political risks, accident and health, etc. Mr Paul John Murphy (Chief Executive Officer) Mr Seiji Fujita (Chief Marketing Officer) Mr Cliff Downing (Executive Director) Marnix Insurance Brokers Asia Pte Ltd ( MIBA ), 100% owned by the Marnix Corporation, become a licensed reinsurance broker approved by the Monetary Authority of Singapore in July 2011. Together with Marnix Corporation in Tokyo and Marnix Europe Ltd in London, Marubeni now has (re)insurance broking entities in three major reinsurance markers. The Marubeni Group of companies traditionally provides insurance broking and risk consulting services to Japanese Asian companies worldwide, primarily in the electric power, infrastructure, and energy sectors. We also are rapidly developing our Asia-wide client base to encompass the major Insurers in the region. Along with rapid economic growth in the ASEAN countries, the reinsurance market in Singapore is of major strategic importance for both reinsurance brokers and reinsurance companies in the ASEAN. 19
Miller Insurance Services (Singapore) Pte Ltd 10 Collyer Quay #07-04/05 Ocean Financial Centre Singapore 049315 Telephone: +65 6349 5720 Fax: +65 6429 8039 Nigel.cross@miller-insurance.com www.miller-insurance.com Classes Handled: Accident and health, Cargo and business interruption, Casualty, Construction, Credit and political risks, Cyber and technology, Energy, power and natural resources, Facultative reinsurance, Healthcare, Kidnap and ransom, Marine, Professional, executive and financial risks, Programmes and facilities, Property, Sports and entertainment, Structured risk and captives, Terrorism and political violence Nigel Cross (Head of Singapore) Duncan Stockley (Head of Broking) Esther Teo (Head of Broking Operations, Technical & Claims) Raymond Koh (Head of Operations) Chihiro Maekawa (Head of Property & Casualty) Miller is a leading specialist (re)insurance broking partnership, focussing on complex commercial insurance, facultative reinsurance, and delegated authority business. Founded in 1902, we are headquartered in London and have more than 600 people across our UK and international operations. Miller is proud to hold Chartered Insurance Broker status, the industry gold standard awarded by the Chartered Insurance Institute (CII). This title demonstrates our professionalism, client focussed approach and commitment to excellent service standards. 20
RKH Specialty Asia Pacific Pte Ltd 61 Robinson Road #18-01 Robinson Centre Singapore 068893 Telephone: +65 6302 9699 Fax: +65 6557 0564 karly.shaw@rkhspecialty.com www.rkhspecialty.com Classes Handled: Property, Energy (onshore and offshore), Renewables, Terrorism and political violence, Casualty, Professional Indemnity, Liability, Medical Malpractice, Trade Credit, Warranty & Indemnity, Financial Risks, Binders & Facilities, Marine Hull/ Cargo, Stock Throughput, Fine Art & Specie, Construction/ Erection All Risks, Aviation Ms Karly Shaw (CEO) RKH is an employee owned independent broker. RKH has specialist teams across a wide range of professions and industry sectors providing innovation and unique solutions for your facultative business requirements. We are an entrepreneurial business and attract like minded individuals who thrive in a fast evolving and creative environment. RKH Specialty Asia Pacific Pte Ltd is the Asian specialty hub based in Singapore supporting regional clients with specialist expertise and access to global market. 21
Willis (Singapore) Pte Ltd 6 Battery Road #06-01/02 Singapore 049909 Telephone: +65 6591 8000 (mainline) Fax: +65 6224 0398 Singapore@willistowerswatson.com www.willistowerswatson.com Mr James Beedle (Senior MD Willis Re Asia) Mr Mark Morley (MD Willis Re South East Asia & Korea) At Willis Re SEAK, we align our knowledge and services specifically to each client s needs. We fully understand their operating environment enabling us to provide the most appropriate solutions to protect and improve their business, and support their growth. Our strong local network and global resources allows our team to work closely in partnership with our clients to offer innovative ideas and cost-effective solutions to suit our clients specific needs. Within our Singapore team we have dedicated Analytics Team supporting our clients through the continuously evolving regulatory requirements that they face. We help our clients to come up with the most efficient reinsurance solutions from both a risk and capital perspective. Within the region, Willis Re has developed a number of its own proprietary models in connection with Willis RE Analytics and the Willis Research Network to aid our clients. Our team is constantly thinking of new ways in which to assist our clients in the optimization of their reinsurance purchasing. A sample of the products that we were able to offer include: Catastrophe protection Proportional, non-proportional and aggregate treaties for all classes Retrocession programmes Industry Loss Warranties Terrorism Reinstatement premium protection Facultative solutions Structured solutions Solvency relief solutions Willis Re has a proven record in negotiating and placement of complex reinsurance programmes throughout South East Asia and Korea. We have the technical and professional capability to structure the most advanced programmes, and a proven track record in placing such contracts over a considerable length of time. 22