(SINGAPORE) Commercial insurance rates in Asia are expected to climb in regions affected by natural disasters following record insurance losses last year. According to global insurance broker and risk adviser Marsh, Thailand alone is forecast to cost the insurance and reinsurance industry more than US$10 billion. The insurance market is reacting to the Thai flood disaster in September last year...

(SINGAPORE) Online insurer DirectAsia.com has raced ahead to capture 3.2 per cent of the Singapore motor insurance market after one-and-a-half years, and its success has encouraged it to enter the Hong Kong market next. The market share figure is based on vehicles insured, and 16,000 private units are currently insured with DirectAsia.com on a comprehensive basis. DirectAsia.com is owned by the...

THE trading among directors was very low during the holiday-shortened week following the Chinese New Year holidays with only seven transactions worth a paltry $760,000. The three-day totals were sharply lower than the previous week's 22 trades worth $5.1 million. Buyers outweighed sellers with three companies that recorded six purchases worth $660,000 versus one firm with one disposal worth...