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What can also be value mentioning is PageRanking or PR. DA and PR work in tandem to enhance the overall effectively-being of … Read More

Credit Suisse scrutinises Marsh McLennan over Greensill collapse


Credit Suisse is investigating Marsh McLennan’s role in Greensill Capital’s collapse. Marsh was the London-based supply-chain finance group’s commercial insurance broker, and according to Credit Suisse executives, it was responsible for ensuring that every security in Greensill funds had adequate insurance coverage.

As reported by the Financial Times, Credit Suisse contacted Marsh as part of its due diligence when it extended a $140 million bridging loan to Greensill in October 2020 in expectation of the business listing.

Sources familiar with the matter told the Financial Times about two separate phone calls between Credit Suisse executives and Marsh managing directors

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From automation to intelligence: how to seize the SME insurance opportunity


Facilitating seamless, human-centric SME customer journeys

Some SME segments have suffered more than others during the pandemic. Although liability and property covers remain largely standardized across most segments, SMEs need help in customising covers such as business interruption, professional indemnity, cyber, workers’ compensation, and employee benefits.

Democrance’s new SME platform enables insurers to educate SMEs about their needs, ask relevant questions, and make recommendations to intelligently configure segment-specific customised policies (business owner’s policies) while quoting for the business. In doing so, Democrance helps ensure ease of doing business through seamless cross-channel customer journeys.

Enabling sales channels

SME insurance in the

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Fairfax looking to mount takeover of Singapore Re


Fairfax Asia is poised to take over Singapore Reinsurance Corporation (Singapore Re) with the offer of a take-private transaction.

The Asian arm of the Canada-based financial group currently owns around 28% of Singapore Re, and is looking to acquire the reinsurer’s remaining shares for the price of SG$0.35 per share.

The offer is 20.6% higher than the volume-weighted average price per share for the last one- and three- month periods. Meanwhile, it is 21.9% and 27.6% over the six and 12-month periods, respectively, according to a statement. As of March 18, the company’s share price was at SG$0.295.

Fairfax aims

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