Articles by Andrew Tjaardstra
Marsh appoints Zhao as China chairman
Marsh has appointed Madam Zhao Shuxian as chairman of Marsh China. Starting this week, Zhao will be based in Beijing.
Claims Conference Asia 2014 attracts cream of claims professionals
Claims Conference Asia 2014 was held on 20 March in Hong Kong and attended by over 100 claims professionals from across the international claims market.
Claims Conference Asia: 'Asia reclaiming its rightful place in history'
Duncan Howorth, JLT CEO, Asia, struck an optimistic note when talking about the rise of Asia at last week's Claims Conference Asia, but warned more sophisticated risk management will be needed.
Hong Kong passes 50% tax concession on captives
The Legislative Council of Hong Kong has passed a bill to revise the Inland Revenue Ordinance to provide captive insurers with a 50% concession on profits tax for their offshore risk business.
Ace rejigs financial lines team in Asia-Pacific
International insurer Ace has made several changes to its financial lines team in the Asia-Pacific region.
Singapore's GI business worth S3.5bn in 2013
Total general insurance gross written premiums in Singapore were S$3.5bn ($2.77bn) last year up 5.4% over 2012 according to the General Insurance Association of Singapore.
Suncorp raises concerns over IAG's Lumley acquisition
Australian financial group Suncorp which owns general insurer Vero in New Zealand has serious concerns about IAG's potential acquisition of Lumley in the country.
Macau and China combined motor policies unlikely
The chairman of the Monetary Authority of Macau Anselmo Teng Lin Seng has said single motor policies for cars with dual Macau and Guangdong registration plates are unlikely to gain approval.
QBE rebrands and expands in Philippines
QBE's Philippines majority owned business QBE Seaboard has received its operation license from the Insurance Commissioner’s Office and is expanding its number of branches.
Ace Life appoints Asia-Pacific regional partnership officer
Ace Life, the global life insurance division of Ace Group, has appointed Graeme Pearson as regional chief partnership officer in Asia-Pacific.
Hong Kong's premiums rose 14% in 2013
Total gross premiums of the Hong Kong insurance industry in 2013 were HK$290.7bn ($37.4bn), an increase of 13.9% over 2012 according to provisional statistics from the Office of the Commissioner of Insurance.
Allianz's Mitchell eyes fast China growth
Mark Mitchell, CEO Hong Kong & Greater China, Allianz Global Corporate & Specialty has told Post the international insurer is gaining momentum in China.
Ping An's profit climbs 40%
Chinese insurance and banking group Ping An's profits climbed 40% last year.
Brokers Link targets members in four more Asia countries
International broker group Brokers Link wants to expand its reach to Cambodia, Brunei, Myanmar and Laos to have a presence in all ten ASEAN countries.
Political risk cover becoming difficult in Ukraine and Russia, says Marsh
Insurers are pulling out of the political risk market in Russia and the Ukraine according to political risk experts at Marsh with existing policyholders facing increases on renewals.
Kennedys appoints Skrbic in London
Law firm Kennedys has appointed insurance and capital markets expert Michael Skrbic as a partner in its London office.
FP Marine buys rival broker in Hong Kong
FP Marine Risks, which is 55% owned by Hyperion, is in advanced negotiations to acquire the assets and staff of Risk Exchange a marine broker also based in Hong Kong.
Zurich job cuts to 'primarily impact' Switzerland, UK and Ireland
Following this week's announcement that Zurich is cutting 800 jobs, a spokesman has confirmed that the primary locations impacted by the changes will be Switzerland, the UK and Ireland.
Thomas named Asia head of claims at Willis
After 11 years Neil Thomas has moved from Willis' energy and property claims team to become head of claims, Asia at the international broker.
Zurich to cut 800 jobs globally
Zurich is looking to cut 800 jobs across its global operations as the insurer looks to reduce costs and save $250m annually.
Claims Conference Asia: A CCTV on fraud
Ahead of the Claims Conference Asia 2014 Andrew Tjaardstra, editor, Asia, Post interviews Chris Fordham, managing partner, fraud investigation & dispute services, Asia-Pacific, EY and Jack Jia, director, fraud investigation & dispute services, EY at EY’s…
Allianz's Asia-Pacific arm hit by stronger euro
Allianz's insurance unit across 14 countries in Asia-Pacific saw revenues and profits fall as the euro appreciated against Asian currencies.
Ace integrates claims and underwriting information online
Insurer Ace is integrating its claims and underwriting information on an internet-based system accessible on tablets.
Clyde & Co advises Whittington Group on sale of Direct Asia
International law firm Clyde & Co advised investment firm Whittington Group on the sale of Direct Asia to Hiscox.