Articles by Andrew Tjaardstra
Buffett's IAG deal gives Berkshire Hathaway platform for Asia-Pacific growth
Warren Buffett has agreed for Berkshire Hathaway to take a A$500m 3.7% in IAG in exchange for the Australian insurer's renewal rights to its large corporate book.
Swiss Re signs technology initiative with National University of Singapore
Swiss Re has signed a three year partnership with the National University of Singapore to help support the development of big data, business analytics and IT.
AGCS partners with crisis management specialist
Allianz Global Corporate & Specialty is partnering with crisis management firm red24 to help manage product recalls and emergency evacuations.
Alibaba-backed Chinese internet insurer raises $931m
Zhong An Insurance has raised 5.78bn yuan ($931m) in its first private round of financing according to a report.
Willis expands in Taiwan with Elite acquisition
Willis has bought corporate broker Elite Risk Services in Taipei for an undisclosed amount.
AIG sells Taiwan personal lines and SME book for $158m
AIG has decided to focus on large commercial risks in Taiwan after agreeing to sell its personal lines and SME book to Nan Shan Life for $158m (£102m).
Zurich's global CEO "deeply regrets" Lehmann's departure
Alex Lehmann, Zurich's chief risk officer and chairman of Europe, Middle East and Africa, will leave the insurer by the end of the year.
PICC paid 10m yuan within 36 hours of Yangtze shipping disaster
PICC, the insurer for the ship that capsized in the Yangtze river, had already paid out 10m yuan (£1m) within 36 hours of the tragedy.
$1.5bn Fidelis aims to shake-up global (re)insurance market
Bermuda-based new entrant Fidelis is aiming to provide significant competition in the global (re)insurance sector after a significant investment.
Dual hires Paradine for non-exec role as MGA eyes Asia-Pacific acquisitions
Industry veteran Terry Paradine, a former chairman and CEO of Marsh Asia-Pacific, has become non-executive chairman at Dual Asia-Pacific.
XL Catlin and Bell Pottinger offer Asia product recall media support
XL Catlin's product recall team is partnering with PR company Bell Pottinger in Asia to offer help with the media in a crisis.
Axa expands start-up fund to Asia and targets 100 million customers
Axa is expanding its investments in China, Hong Kong and Singapore as it targets 100 million customers by 2030.
MSIG secures Myanmar economic zone permit
Mitsui Sumitomo has been granted a provisional permit to operate in the Thilawa Special Economic Zone in Myanmar.
78% of terrorist attacks since 2007 have been in 10 countries, says Aon
Aon has identified the 10 countries where the vast majority of global terrorist attacks occur.
Peak Re partners with Shanghai Typhoon Institute
Hong Kong based reinsurer Peak Re and the Shanghai Typhoon Institute are partnering for research projects into the impact of tropical cyclones on the insurance market.
PICC is lead insurer for China Yangtze shipping disaster
PICC has confirmed it is the lead insurer for the stricken Eastern Star ship that sank in the Yangtze river on Monday night.
IAG's India stake increase on track after Indonesia buy
Insurance Australia Group is in advanced discussions to increase its stake in SBI General Insurance in India to 49%.
Suncorp invests A$75m to create "data lake"
Patrick Snowball, outgoing CEO of Suncorp, said the group is planning to invest in a suite of technologies to improve performance.
China regulator starts taskforce for Yangtze cruise disaster
The China Insurance Regulatory Commission has launched an emergency taskforce after a ship carrying 458 people capsized in the Yangtze river last night (1 June).
Tourist dies in Thailand after uninsured bungee jump
A 25 year-old Kuwaiti has died after his bungee jump in Phuket ended tragically on 20 May.
Australia's insurers swamped by 160,000 claims from April and May storms
Australia's insurers are counting the cost of April and May after their insurance claims surpassed A$1.55bn (£780m).
Deloitte Asia-Pacific managing director hails "tremendous" growth potential
Deloitte has appointed Yoichiro Ogawa, deputy CEO of Deloitte Japan, as global managing director for Asia-Pacific.
Axa's Indian investment increases given final approval
India's Foreign Investment Promotion Board and the Competition Commission have approved Axa's move to increase its stakes in two Indian insurers.
Downey and Lum take JLT Singapore leadership roles
David Lum deputy chairman of JLT Asia, and Warren Downey, deputy CEO of JLT Asia, are to become chairman and managing director respectively of the broker's Singapore office.