A.M. Best opens new office in Singapore

A.M. Best, has established a new office in Singapore as part of its continuing growth in the Asia Pacific Region.

The office will offer internationally recognised ratings to insurers, reinsurers, takaful operators and captives in Singapore and across the Association of Southeast Asian Nations (ASEAN)/Australasia regions.

A.M. Best was founded in 1899 and has retained its focus solely on the (re)insurance industry since the publication of its first rating in 1906. Singapore is A.M. Best’s second office in Asia Pacific after Hong Kong, where the group opened 16 years ago. The Hong Kong office will continue to support A.M. Best’s client base in Greater China, Japan and Korea.  

The A.M. Best staff in Singapore comprises a team of specialist credit rating analysts led by MM Lee, head of analytics for Asia Pacific who has transferred from A.M. Best’s Hong Kong office, together with business development staff.