The Business Times
SUBSCRIBERS

Reinsurer Miller finds new owner in GIC, and a refreshed strategy

Kelly Ng
Published Mon, Mar 15, 2021 · 05:50 AM

Singapore

IN THE fresh hands of new owners - Singapore's GIC and international private equity firm Cinven - specia-list insurance and reinsurance broker Miller is now targeting growth from expanding into private wealth.

It expects a 9 per cent year-on-year revenue growth for the next four or five years, said Nigel Cross, who leads Miller's Singapore office. As it is, Miller has already acquired specialists to form a team in the UK to serve high-net-worth individuals. These individuals often desire cover for high-value homes, antiques, fine art and other items that are not normally covered by standard insurance.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Banking & Finance

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here