Asia Insurance Building
| Ascott Raffles Place | |
|---|---|
| 前亚洲保险大厦 | |
 |
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| Former names | Asia Insurance Building |
| General information | |
| Status | Completed 1954, reopened November 2008 |
| Type | Residential |
| Architectural style | High-rise |
| Location | Downtown Core, Singapore |
| Coordinates | 1°16′55″N 103°51′05″E / 1.28194°N 103.85139°ECoordinates: 1°16′55″N 103°51′05″E / 1.28194°N 103.85139°E |
| Owner | Ascott Group |
| Management | Ascott Group |
| Technical details | |
| Floor count | 20 |
| Design and construction | |
| Architect | Ng Keng Siang |
The former Asia Insurance Building (Chinese: 前亚洲保险大厦; pinyin: qián Yàzhōu Bǎoxiǎn dàshà) is a high-rise building formerly for commercial use, located on Finlayson Green near Raffles Place, in Singapore's Downtown Core. The Asia Insurance Building was also known as the A.I. Building, but was renamed to Ascott Raffles Place after the Ascott Group (a division of CapitaLand) completed its redevelopment of the building into a serviced apartment residence in November 2008.
Prior to the construction of the Asia Insurance Building, the site was occupied by the Union Insurance of Canton. The company moved to its own building on Collyer Quay in 1924. After the relocation, the site was then occupied by the South British Insurance Company before the building was demolished to make way for the current Asia Insurance Building.
Completed in 1954, the foundation stone for the Asia Insurance Building was laid by Commissioner-General Malcolm MacDonald on 19 June 1953. It was officially opened on 10 December 1955. With 20 storeys and at 87 metres tall, the Asia Insurance Building was the tallest building in Southeast Asia upon its completion in 1954. In Singapore, it was the first structure to exceed the Cathay Building's claim for the tallest building in the 1950s. However, with the development of the central business district where the building is sited, the Asia Insurance Building has since been dwarfed by the surrounding skyscrapers.
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