Singapura, The Business Times, Inglês – Singapore’s reinsurance market gears for growth in bid to be Asian hub

Industry watchers cite several favourable factors, including country’s supportive regulatory environment, advantageous geographical location and stability

THE reinsurance market in Singapore is poised for substantial growth in 2025, with the government seeking to strengthen the country’s standing as a leading reinsurance hub in Asia. Industry experts shared with The Business Times that their outlook for Singapore’s reinsurance sector remains optimistic, citing favourable conditions.

Singapore Reinsurers’ Association chair Kenrick Law attributes his optimism to several factors such as the country’s supportive regulatory environment, proactive policies aimed at attracting and retaining global reinsurers, and its growing focus on green financing and climate risk management.

He emphasised that the government’s regulations promoting transparency, risk management and compliance will continue to attract more global reinsurers to the market.

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Camarões, Journal du Cameroun, Francês - Cameroun : un conteneur se détache d'un camion, tue deux dames dans un taxi

2025-01-30 06:04:15

Le drame survient ce mercredi 29 janvier 2025 à Yaoundé la capitale du Cameroun. Les faits se déroulent au lieu-dit Carrefour MEEC dans le 6è arrondissement de la ville de Yaoundé. Un conteneur mal ajusté se détache du camion qui le transporte et se renverse sur un véhicule à usage taxi sur la chaussée. Ledit conteneur contenant du poisson écrase le taxi à bord duquel quatre personnes se trouvent. Le bilan de l’accident fait état de deux morts et deux survivants. Deux dames installées à l’arrière perdent la vie suite au choc. Deux autres personnes dont le chauffeur sont blessées mais ont la vie sauve. Alertés les sapeurs pompiers font une descente sur le lieu de l’accident. À l’aide d’un engin, ils déplacent le conteneur avant de récupérer les corps des victimes piégées dans le taxi. Selon les témoins, des dispositions de sécurité n’ont pas été prises pour que le...

Nigéria, Punch, Inglês

2025-01-30 06:02:35

The Nigeria Labour Congress on Wednesday declared it would embark on a nationwide protest against the proposed 50 per cent telecom tariff hike announced by the Nigerian Communications Commission on February 4 in a communiqué signed by its National President, Joe Ajaero. The decision was taken at the National Administrative Council meeting of the NLC on January 29. Similarly, Civil Society Organisations have pledged their support for the nationwide protest. Failure to reverse the hike, Ajaero warned, might result in a nationwide boycott of telecommunication services. Endorsing the rally, the Civil Society Legislative and Advocacy Centre, National Civil Society Council of Nigeria and the Take It Back Movement condemned the tariff hike and assured that they would participate in the protests. The Federal Government had approved a 50 per cent increase though the telecom operators requested a 100 per cent increase. In response to the development, the NLC rejected the...

Nigéria, The Guardian, Inglês

2025-01-30 06:01:04

•Active bank accounts rise by 106m to 311.6m Amid the economic hardship and digital glitches that dominated last year, financial transactions via electronic payment platforms rose by nearly 80 per cent to break the quadrillion mark for the first time in 2024 Specifically, e-payment transactions rose by nearly 8 0 per cent above N600 trillion recorded in 2023 to hit N1.07 quadrillion. This is according to data released by the Nigeria Inter-Bank Settlement System (NIBSS) yesterday. While the e-payment data showed a steady increase throughout the 12 months of the year, the highest value was recorded in December. The analysis showed that in January, from 887.58 million volumes of transactions, Nigerians spent N72.1 trillion; in February, 905 million transactions valued at N79.3 trillion were closed. March saw 986.6 million transactions valued at N83 trillion; April witnessed 953.6 million transactions valued at N75.3 trillion while May witnessed 1.02 billion transactions,...

Tuvalu, The Fiji Times, Inglês

2025-01-30 05:56:11

MILITARY personnel may soon join the police in countering Fiji’s drug blight. Minister for Defence and Veteran Affairs Pio Tikoduadua confirmed the Fiji Police Force had reached out for assistance from the Republic of Fiji Military Forces (RFMF). However, he made it clear the RFMF would only play a supporting role. At a press conference in Suva yesterday, Mr Tikoduadua said the RFMF’s primary responsibility was to ensure the security, defence and welfare of the Fijian people. He also informed those Fijians who still feared the military that there was “nothing to fear” as he thanked the RFMF for its steadfastness. “We have come a long way; with the reconciliation and restoration, there’s been a lot of inner healing within the military,” the minister said. “Now we are defining their role under the NSS (National Security Strategy) in making sure that their role is consistent with the law.” Mr Tikoduadua...

Ilhas Cook, Cook Island News, Inglês

2025-01-30 05:48:43

The new Arorangi Bears head coach Dion Nepia. CIRL/25012818 Rarotonga clubs are gearing up for the 2025 Cook Islands Rugby League domestic 13s competition, which kicks off next Friday, February 7. The weekly competition expected to run for three months will feature premier men’s and women’s grades alongside the junior divisions. The organisers are hoping to revive the reserves grade after missing out on it in the past couple of seasons due to player unavailability. The recently crowned League Nines in Paradise champions Arorangi Bears are leaving no stone unturned in their preparations for the 13s competition. The club has acquired highly-rated former Ngatangiia Matavera Sea Eagles coach Dion Nepia to lead the side this season. Speaking to Cook Islands Rugby League, Nepia said he was looking forward to the challenge. “It’s always a challenge being a new boy in a new environment. I suppose the benefit is that...

Outras / Others

Camarões, Journal du Cameroun, Francês - Cameroun : un conteneur se détache d'un camion, tue deux dames dans un taxi

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Ilhas Salomão, Solomon Star News, Inglês

AN application to strike out a case filed by the Leader of the Independent Group in Parliament, Peter Kenilorea Jr challenging the appointments of more than two public officers into the Solomon Islands Water Authority Board by the Minister for Mines, Energy and Rural Electrification, Bradley Tovosia is set to...

Austrália, The Australian, Inglês

Taste.com.au, Australia’s leading food media brand, has set a new benchmark with its biggest audience on record since the launch of Ipsos iris, according to latest rankings from Ipsos iris for December 2024. Leading the Lifestyle category in Australia with the largest and most engaged audience, taste.com.au delivered an audience of 5.47...

Ásia, Deutsche Welle, Inglês - DR Congo: 'Diplomacy has failed'

Despite the failure of all previous peace efforts in eastern DR Congo, the international community, led by the mediator country Angola, remains committed to continuing negotiations.

Áustria, Die Presse, Alemão

Der Umsatz des Elektroauto-Herstellers legt im Jahresvergleich um zwei Prozent auf 25,7 Milliarden Dollar zu. Doch Analysten hatten mit mehr gerechnet. Bis Jahresende will Elon Musk autonome Taxis in ganz Kalifornien einführen. Tesla hat mit den Zahlen zum vergangenen Quartal die Erwartungen der Wall Street verfehlt, die Aktie fiel im...

Dinamarca, Information.dk , Dinamarquês

Tirsdag kom langt om længe anbefalingerne fra ’Kommissionen for den glemte kvindekamp’, der har levet en omtumlet tilværelse. Formålet med kommissionen, der blev nedsat helt tilbage i 2022, var at komme med anbefalinger til, hvordan piger og kvinder fra indvandrermiljøer bedre kan understøttes i og få mulighed for at bestemme...