Articles by Andrew Tjaardstra
China to allow more mergers and acquisitions
From 1 June, insurers will be able to acquire insurers operating in the same product line according to the China Insurance Regulatory Commission's website.
Direct Asia eyes home insurance for Thailand
DirectAsia.com which started selling motor insurance in Thailand last September wants to sell other products including home insurance.
Ng joins Miller from China Taiping in Hong Kong
Joe Ng has joined Miller’s team in Hong Kong in a treaty reinsurance business production role.
Brightside recruits three for senior roles
Listed broker Brightside has recruited a chief operating officer for its retail division, capacity and pricing manager and a head of compliance.
ICA issues warning over compensation calls
The Insurance Council of Australia is warning consumers to be wary about unsolicited calls in connection with potential motor accident compensation claims.
Gallagher buys Wesfarmers broking division for A$1.1bn
International insurance broker Arther J Gallagher & Co. has bought Wesfarmers insurance broking operations based in Australia, New Zealand and the UK for A$1.1bn ($928m).
Gallagher acquires in New Zealand
Arthur J. Gallagher has acquired commercial insurance broker Auckland-based Mike Henry Insurance Brokers.
Markel explores Asian contingency insurance opportunities
Lloyd's insurer Markel International is seeking opportunities to provide event cancellation insurance cover in Asia.
Malaysian GI sector grew 6.4% in 2013
The Malaysian general insurance sector grew gross written premiums 6.4% in 2013 to 16.2bn ringgit ($4.94bn) in 2013.
Guidewire secures Axa Tianping as first customer in China
Chinese motor insurer Axa Tianping (recently renamed) has selected Guidewire ClaimCenter as its new claims management system.
China's property and casualty premiums grew 17% in 2013
According to ratings agency Moody's total Chinese property and casualty premiums increased 17.2% in 2013.
Reinsurance rates softened at April renewals, says Willis Re
According to reinsurance broker Willis Re, reinsurance rates softened across all lines at the 1 April renewals including reductions of up to 20%.
ICA asks Australian financial inquiry to focus on regulation
The Insurance Council of Australia has asked Australia's Financial System Inquiry to focus on more efficient industry regulation, less restrictive prudential requirements and tax reform.
Chile earthquake damage expected to be limited
According to AIR Worldwide, several homes have been destroyed but overall there have been no major reports of damage from the 8.2 magnitude earthquake that struck off the coast of Chile earlier in the week.
Five dead as 8.2 magnitude earthquake hits Chile coast
A tsunami warning is in place for the Pacific coast after a 8.2 magnitude earthquake occurred last night around 80km off the coast of Chile.
Ace unveils head of life in Korea
Ace Life has appointed Young Ho Lee as the new country president to lead its life operations in Korea effective 14 April.
Peak Re appoints from Marsh for head of claims
Peak Re has appointed Sophia Chiu as senior vice president for claims.
QBE has 5.7% GI market share in Hong Kong
QBE ranks second out of over 100 insurers in Hong Kong for placed net premiums in general insurance.
Interview: David Fried, CEO, Asia-Pacific, QBE
Editor, Asia at Post Andrew Tjaardstra interviews David Fried, CEO, Asia-Pacific QBE at the Australian insurer’s new regional office in Quarry Bay, Hong Kong.
Rainstorm and hail slams Hong Kong
Hong Kong was hit by a strong rainstorm on Sunday causing a shopping centre roof to collapse.
Singapore consults on risk-based capital
The Monetary Authority of Singapore has launched a second consultation on a risk-based capital regime.
Court injunction out on two Hong Kong brokers
Two brokers stole confidential information in a systematic way before joining another broker in Hong Kong, according to a senior market source
M&A more attractive than start-ups in Asia, says Towers Watson
According to consultancy Towers Watson regulatory restrictions make insurer acquisitions more attractive than start-ups in Asia.
FWD appoints industry veteran as CEO
New insurer FWD has appointed industry veteran Huynh Thanh Phong as CEO.