Lloyd’s launches renewable energy consortium for Asia

Dixie



Lloyd’s has launched a new renewable energy consortium for Asia-Pacific in response to the growing need for greener energy in the region.

The consortium, developed by Chaucer, Markel, and Munich Re Syndicate Ltd (MRSL) on the Lloyd’s Asia platform, pools underwriting expertise and capacity from participating syndicates for renewable energy risks. This allows it capitalise on the growth opportunities in the renewable energy sector, such as onshore construction, as well as the various operational risks of solar and wind energy projects.

The maximum working capacity of the consortium is US$100 million (SG$135.8 million) per project.

According to Lloyd’s,

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NTUC Income to transform from cooperative to corporation

Dixie

According to Income, the Singapore insurance market has undergone significant shifts. These include a mature domestic market, evolving regulatory expectations and requirements, as well as increased competition from insurers with extensive distribution scale and access to growth channels and markets locally and regionally.

In response to these market shifts, Income said that it is transforming into a corporation to “achieve operational flexibility and gain access to strategic growth options to compete on an equal footing with other insurers locally and regionally.”

This builds on Income’s recent forays into the neighbouring markets of Malaysia, Indonesia and Vietnam, where it partnered with

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2022 top trends in payments

Dixie

In this post we look at the top payment trends for 2022 – 2021 was a year of transition for the payments industry as we moved towards Payments 4.X − an evolutionary, COVID-19-sparked era that’s fuelling even more industry consolidation and attracting tech-expert ecosystem players.

As part of this phase, payments are becoming an enabling function that is embedded and invisible to provide an immersive, seamless, and frictionless customer eXperience.

This analysis provides an overview of the new technology trends, permanent changes in customer behaviour, unparalleled need for next-gen payment methods, and increased focus on nimble payment solutions for B2B

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Payments Cards & Mobile Jobs of the Week 10 Jan

Dixie

And just like that, we have a whole new year ahead of us (how exciting). January is a common time of the year for people to make changes in their lives, or at least get the ball rolling in some way.

Payments Cards & Mobile Jobs of the Week

A big change people tend to think about at the start of a new year is a change in career. We want to be there with you, and help you as best we can if you are on the hunt for an exciting new job opportunity. So, we took to our

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