Articles by Andrew Tjaardstra
Insurance Council of Australia appoints Suncorp's Day as president
Following the sudden departure of QBE's former group COO Colin Fagen earlier this year, the Insurance Council of Australia has named his replacement as president.
Two reinsurance brokers enter Indonesia
The Financial Services Authority of Indonesia has granted operating licenses to two more reinsurance brokers.
Suncorp buys a further 11.3 million shares in New Zealand's Tower
Brisbane-headquartered financial services group Suncorp has increased its stake in New Zealand general insurer Tower.
Youi's growth stalls in first half
Australian challenger insurer Youi saw a 30% rise in profits but premium growth stalled in the first half of the year.
Car accidents rise in Singapore as total claims fall
The General Insurance Association of Singapore is investigating why car accidents climbed last year while the total payout in motor claims fell.
Intel makes £12.5bn driverless car software acquisition
US chipmaking giant Intel has bought Israeli software company Mobileye for £12.5bn ($15.3bn) placing a big bet on the future of driverless cars.
Over 850 claims from weekend Auckland flooding
Over 850 insurance claims have been received by New Zealand's insurers after flash floods in the Auckland area.
Insurers playing insurtech catch-up in Asia, says Baker McKenzie
Insurers are playing insurtech catch-up compared to their financial services' peers in Asia says a leading law firm.
AIA's Tucker to join HSBC
Mark Tucker, group CEO and president of Hong Kong-headquartered AIA, is leaving the Asia life insurer to join international banking group HSBC.
Novae hit by US catastrophes and Ogden as profit drops 45%
Novae has described its 98.3% pre-Ogden 2016 combined operating ratio as disappointing while the Lloyd's (re)insurer's investment portfolio performed well.
Charles Taylor eyes potential $6.1 trillion insurance market after solid 2016
London-headquartered global insurance services firm Charles Taylor is confident of global expansion after posting solid 2016 results.
Swiss Re Corporate Solutions opens Kuala Lumpur office
Swiss Re's commercial insurance arm has opened an office in Kuala Lumpur.
Admiral's profit falls 25% as CEO blames 'eccentric' Ogden decision
Cardiff-headquartered personal lines insurer Admiral saw pre-tax profit fall 25% last year after the shock decision by the UK government to reduce the personal injury discount rate to minus 0.75%.
Suncorp hit by 11,000 Sydney hailstorm claims
The 18 February Sydney hailstorm will cost Brisbane-based financial services group Suncorp between A$150m (£93.4m) and A$170m.
New South Wales signs legislation to replace insurance emergency levy
The state of New South Wales has signed legislation this week to end the insurance tax to fund emergency services.
Hong Kong government advisory report laments reinsurance failings
A Hong Kong government advisory group is recommending changes in captive, marine and reinsurance regulations to help turnaround the SAR's Asia hub status.
Sydney hailstorm brings IAG to within A$126m of nat cat allowance
Sydney's dramatic hailstorm on 18 February has cost Australian insurer IAG at least A$160m (£99m) in claims so far.
PICC's Yincheng resigns
Wang Yincheng, executive director, vice chairman and president of Chinese insurer PICC, has resigned according to the firm.
Berkshire Hathaway hires for Asia expansion
Berkshire Hathaway Specialty has hired two senior insurance professionals as the insurer introduces personal accident to Hong Kong and Singapore.
Allianz's Asia P&C profits fell 22% in 2016
Allianz saw P&C profits fall 22% in Asia last year to €58m (£49.5m) from €74m in 2015.
Fosun helps The Floow raise £13m
UK telematics technology provider The Floow has raised £13m for equity investment from a variety of international funds.
Strong insurance competition in Australia, says broker association
Australia's National Insurance Brokers' Association has responded to an Australian parliamentary inquiry into general insurance.
Benard swaps Axa Gulf for Generali Asia
Fabrice Benard has been appointed regional head of P&C retail for Italian giant Generali's Asia operations.
JLT posts robust Asia-Pacific 2016 results
Last year UK-headquartered international broker JLT grew revenues and profits in Asia and was buoyed by a good employee benefits performance in Australia and New Zealand.