Articles by Andrew Tjaardstra
Lloyd's confirms Bryant's Hong Kong appointment
Lloyd’s has appointed former Zurich regional head of international customer, distribution and marketing Dylan Bryant as its general representative in Hong Kong.
At least $100m of cover for passengers of stricken South Korea vessel
Post understands international broker Willis helps place reinsurance covering members of the Korean Shipping Association of which the owners of the stricken Sewol is a member.
AIG launches oil and gas product for ASEAN region
AIG is providing an 'OSCAR' insurance policy for oil and gas service contractors in the ASEAN region.
Turkey in general insurance turnaround, says Fitch
The Turkish general insurance market made a profit of $357m (€260m) in 2013 after four years of poor results.
JLT creates Hong Kong political and credit risk team
JLT has created a credit, political and security risks team in Hong Kong by hiring Edmond Yun as divisional director, and employing Stephen Chan and Koh Wei Jun as account managers.
Asia-Pacific significantly underinsured for catastrophes, says Asia Development Bank
The Asian Development Bank has warned in a report that underinsurance for natural catastrophes in the region is enough to wipe out economic gains from GDP.
Liberty Specialty appoints Beechey in Asia financial risk role
Liberty Specialty Markets, in conjunction with Liberty International Underwriters Asia-Pacific, has appointed Andrew Beechey as head of global financial risks, Asia-Pacific.
China consults on cross-province internet life insurance
The China Insurance Regulatory Commission is consulting on allowing insurers to sell 'simple' life insurance products outside their provinces on the internet.
Zurich wants Shanghai branch and China acquisitions
Zurich is seeking a Shanghai branch and merger and acquisition opportunities in China.
Markel's Tidey moves from Stockholm to Singapore
Specialty insurer Markel has appointed Luke Tidey as an assistant marine underwriter in its Singapore office.
Callaghan and Sagar to leave Lockton in Asia
Post understands Lockton's executive chairman, Asia-Pacific Gerry Callaghan is retiring at the end of the year, whilst the CEO of Singapore Manan Sagar has resigned.
Rajan joins Miller from Marsh in marine role
Govinda Rajan has joined Miller's Singapore office in a South-East Asia marine hull business production role.
South Korea ferry sinks
A large car and passenger ferry has sunk off the coast of South Korea after it reportedly hit rocks this morning.
Profitability under pressure at Chinese insurers, says Towers Watson
Softening rates, increased expenses and loss ratios will see China's insurers profitability come under increasing pressure according to Jenny Lai, consultant, property and casualty insurance, China, Towers Watson.
QBE reviews US business
Australian insurer QBE is carrying out a strategic review of its US mid-market unit meaning it could be sold.
A$8.4m of losses from cyclone Ita
According to the Insurance Council of Australia, insurers have received 680 claims (by noon on 15 April) in the aftermath of cyclone Ita, with insurance losses estimated at A$8.4m.
Beazley's Lam moving from Hong Kong to Singapore
Beazley's senior specialty lines underwriter Gordon Lam will be moving to the insurer's Singapore office.
Aspen says Endurance's offer 'undervalues' company
Bermuda-based insurer Aspen's board of directors has rejected an unsolicited takeover proposal from Endurance Specialty Holdings.
Public and insurers prepare for cyclone Ita in Queensland
Cyclone Ita, currently a strong category 3 storm, is expected to make landfall in North Queensland, Australia, on Friday 11 April.
Fosun in HK$5.18bn refinancing
Chinese conglomerate Fosun International, which owns large stakes in several insurance companies, is planning a HK$5.18bn ($668.1m) rights issue to raise capital.
$7bn of insured natural disaster losses in Q1 2014
Insurers had to pay out $7bn in insured losses caused by natural disasters in the first quarter of the year according to catastrophe modeller Impact Forecasting.
Coface signs agreement with Nippon Export and Investment Insurance
Nippon Export and Investment Insurance (NEXI) has signed an agreement with trade credit insurer Coface providing reinsurance for Japanese companies trading overseas.
Q+A: Brad Berg, vice president, energy, Asia-Pacific, AIG
Post interviews Singapore-based Brad Berg, head of energy and engineered risks, global property, Asia-Pacific, AIG about energy risks in Asia.
Brunner joins Metlife from American Express in Asia marketing role
Ralph Brunner has joined Metlife from American Express to become the insurer's chief marketing officer for the Asia region.