Culture, Art & Entertainment

spike

For centuries, the parable of the ravenous artist has dominated our culture, seeping into the minds of inventive individuals and stifling their pursuits. But the reality is that the world’s most profitable artists did not starve. In reality, they capitalized on the ability of their creative strength. In Real Artists Don’t Starve, Jeff Goins debunks the myth of the starving artist by unveiling the ideas that created it and replacing them with fourteen guidelines for artists to thrive. At the same Art time, there is additionally a great amount of art being produced. For example, there are new exhibitions and … Read More

Singapore insurance agent banned for misleading client

spike

The Monetary Authority of Singapore (MAS) has slapped former insurance agent Lim Chew Keat with a two-year ban from the industry for providing false and misleading statements to his client.

Lim, who formerly worked for Synergy Financial Advisers, will be prohibited from giving any financial advisory service, or from taking part in the management, acting as a director or becoming a substantial shareholder of any financial advisory firm for a period of two years, beginning May 04.

According to the financial regulator, its investigations revealed that Lim had made various false and misleading statements about the features of a regular

Read More

Guy Carpenter creates APAC catastrophe advisory group

spike

Guy Carpenter & Company has launched its Asia Pacific Catastrophe Advisory Group, which will be led by Jeremy Waite (pictured).

According to the global risk and reinsurance broker, the new group will provide its clients direct access to its significant expertise and capabilities in managing catastrophe risk. These include including in-house analytics experts, scientific partners, and public-sector specialists. The group will work closely with companies across the Asia-Pacific region to manage these exposures, as well as help address the growing impact of climate change.

Waite will retain his role as head of Guy Carpenter’s property treaty broking team for Australia

Read More

Liberty Mutual bounces back with 64.9% surge in net income

spike

Liberty Mutual Holding Company Inc. and its subsidiaries (collectively, LMHC) has become the latest insurance company to report its financial results for Q1 2021, and the group has posted a net income of US$856 million (approx. SG$1.14 billion), an increase of 64.9% or US$337 million over the same period in 2020.

Commenting on the increase, Liberty Mutual chairman and CEO David H. Long noted it is a result of strong investment results more than offsetting elevated catastrophe losses. Net written premium across LMHC increased 3.6% to US$10.4 billion, driven by US personal lines where the group continues to achieve strong

Read More