Taiwan
Lloyd’s chief takes aim at ‘moronic’ D&O underwriting
Lloyd’s chief of markets Patrick Tiernan has said he does not want to be forced to remediate a “shambolic” directors' and officers' insurance market, and instead expects to see a “voluntary pullback” from underwriting that has caused concern among market bosses.
Suez Canal: Insurance industry braces for claims as Ever Given partially refloated
Ahead of the crucial weekend efforts to move 400m long MV Ever Given and unblock the Suez Canal, insurance industry experts assessed the potential for claims.
Analysis: Lloyd's taking the Asian bull by the horns
Lloyd's and the London market are trying to win back their market shares in Asia, as the region is experiencing the world's most dynamic growth for the insurance industry.
Aviva sells Taiwan life JV stake for $1
UK-headquartered insurance group Aviva has exited the Taiwanese market with the sale of its 49% stake in First-Aviva Life.
Chubb signs Asia distribution agreement with DBS
Global P&C insurer Chubb has signed a 15 year bancassurance agreement with Singapore-based bank DBS.
AIG sees 87% spike in Greater China cyber enquiries following Wanna Cry
Following the global ransomware attack named as Wanna Cry in May Asian firms are becoming more interested in cyber insurance.
Flooding and storms wreak havoc across Asia
As Typhoon Noru approaches Japan flooding has killed over 250 people across Asia over the last few weeks and caused hundreds of millions of dollars of damage.
Q&A: Winnie Wong, Asia Insurance
Insurance Post asked one of Hong Kong's most experienced insurance professionals about her latest role as CEO of Asia Insurance.
Blog: Seven Asian insurtech start-ups to watch in 2017
Despite the US being seen as the pre-eminent center for insurtech investment, it in no way has the monopoly on all the good ideas.
Meranti insured losses could reach $1.15bn, says AIR Worldwide
Insured losses from September typhoon Meranti could reach $1.15bn (£850m) according to catastrophe modeling firm AIR Worldwide.
Swiss Re Corporate Solutions gains Hong Kong license
Swiss Re's general insurance arm Swiss Re Corporate Solutions has been authorised to place general insurance business in or from Hong Kong.
Zurich sells Taiwan GI operations
Zurich has sold its general insurance operations in Taiwan to the country's largest car distributor Hotai Motor for an undisclosed sum.
Taiwan building standards under scrutiny after deadly earthquake
Taiwanese authorities believe poor construction methods helped cause the collapse of a block of flats in the city of Tainan after a 6.4 magnitude earthquake.
Strong premium growth expected across Asia, says Swiss Re
Swiss Re is predicting robust growth across Asia for general insurance over 2016 and 2017 despite economic headwinds.
Asia: Trade credit's double digit growth prospects
Trade credit insurance in Asia looks set to enjoy double-digit growth in the years ahead, but the market is not without challenges writes Nicky Burridge.
AIG pays S$40,000 a day for Singaporean travel claims
Singaporeans favourite reason for going abroad is to go shopping according to research from AIG.
No significant insurance losses from Typhoon Dujian, says AIR
Typhoon Dujian which hit Taiwan and China over the last few days brought strong wind and heavy rain but few insurance losses according to modeling firm AIR Worldwide.
Alibaba-backed Ant targets China's internet market with £120m purchase
Cathay Financial Holdings has agreed to sell a 60% stake in Taiwan-headquartered Cathay Insurance (China) to Alibaba-owned Ant Financial.
RMS to develop typhoon model for Taiwan with help of local insurer
Risk management firm RMS is teaming up with MSIG Mingtai Insurance to help develop the RMS Taiwan typhoon model.
Less than 10% of Taiwan's cars insured for storm damage
A director of Taiwan's Non-Life Insurance Association has said that more than 90% of car insurance policies in the country are not covered for storm damage.
Typhoon Soudelor leaves widespread damage in China and Taiwan
Powerful storm Typhoon Soudelor has killed at least 14 people in Taiwan and 12 in eastern China; others are missing and over 100 were injured in Taiwan.