Articles by Andrew Tjaardstra
Chairman of China's insurance regulator under investigation
Xiang Junbo, chairman of the China Insurance Regulatory Commission, is under investigation by the Communist party's anti-corruption unit.
Ping An invests $1bn a year in technology
Chinese banking and insurance group Ping An is investing around 1% of revenue or $1bn (£800m) a year in technology.
Cyclone Debbie moves to New Zealand; IAG estimates A$140m loss
As Cyclone Debbie reached New Zealand, Insurance Australia Group estimated A$140m (£85m) of losses while loss adjuster Crawford is using drones to help.
Beale warns on Lloyd's costs and commissions
Following a poor 2016 underwriting performance Lloyd's CEO Inga Beale has warned the market to improve its cost model.
Lloyd's celebrates 20th year in Hong Kong
Lloyd's CEO Inga Beale was in Hong Kong to celebrate 20 years of having an office in the Special Administrative Region.
QBE and Proteus to work with Steadfast for marine
Australian broking group Steadfast has signed an agreement with marine underwriting agency Proteus and insurance giant QBE for marine lines.
Businesses and households suffer after Cyclone Debbie
Last week's category 4 Cyclone Debbie has left a trail of destruction meaning thousands of claims for insurers and reinsurers.
Aviva Asia creates Asia regional CEO role
Aviva Asia has appointed the regional executive for Indonesia and Vietnam Randy Lianggara as regional CEO for China, Indonesia and Vietnam.
ICA extends Cyclone Debbie catastrophe declaration to New South Wales
The Insurance Council of Australia has expanded its catastrophe declaration associated with Cyclone Debbie and its aftermath beyond Queensland to northern New South Wales.
Defective products are leading liability loss, says Allianz
Commercial insurer Allianz Global Corporate & Specialty has identified defective products and work as the leading global liability loss by studying the total value of claims over a five year period.
Lloyd’s sees underwriting hit following £2.1bn major losses
Lloyd’s has seen underwriting profits slip on the back of major claims of £2.1bn last year.
Peak Re's profit hit by 88% in 2016
Hong Kong-headquartered reinsurer Peak Re saw pre-tax profits fall 88% last year to $6.9m (£5.5m) compared with $59.2m in 2015.
AIG warns on rise in Asia-Pacific nat cat travel claims
Research from AIG Singapore suggests that high-impact incidents such as extreme weather events, virus outbreaks and socio-political volatility are the top emerging risks for Asia-Pacific travellers in 2017.
Markel hires marine liability underwriter in Singapore
International (re)insurer Markel has hired a senior marine liability underwriter for its Asia-Pacific operation
Ping An's profit climbed 15% last year
Shenzhen-headquartered insurance and banking group Ping An saw its net profit rise 15.1% in 2016 compared with the previous financial year.
XL Catlin appoints international head of cyber liability
Global insurer XL Catlin has recruited an experienced cyber insurance professional to head its international cyber and technology underwriting team.
United India appoints chairman; outlines IPO timeline
Girija Kumar has been approved as chairman and managing director at state owned United India Insurance.
AIG rolls out telematics app to seek Singapore's best driver
Global insurer AIG is on the look out for Singapore's best driver using telematics technology.
Nexus reorganises Asia operation
Nexus, one of the largest specialist MGAs in the London market, has revamped its Hong Kong-based Asian operations including the rebrand of its marine team.
Asia Insurance to benefit as Hong Kong Life agrees sale
Hong Kong Life insurance, 16.6% owned by Hong Kong general insurer Asia Insurance, has agreed to sell to Hong Kong-based investment firm First Origin International for HK$7.1bn (£740m).
McLarens bolsters Australia team with hire from Crawford
Global loss adjuster McLarens has made a senior construction appointment in Australia.
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.
Chung joins Bank of China in Hong Kong
Ben Chung, former technical director at Hong Kong broker Nova Insurance, has joined Bank of China Insurance.
Global insurance M&A fell 13% in 2016, says Clyde & Co.
Last year the number of completed mergers and acquisitions of general / life insurers and reinsurers across the world fell 13% from 2015 according to global law firm Clyde & Co.