Asia
Starr's Asia plans boosted by AIG hire
Maurice 'Hank' Greenberg's insurance group Starr International has appointed Jeffrey Hayman as president of international insurance operations.
MicroEnsure targets Asia with Telnor JV
MicroEnsure has formed a joint venture with mobile operator Telnor, with the aim of providing microinsurance products to four than four million people in Africa and Asia.
Prudential eyes growing Asian middle class
Prudential's chairman has spelled out the huge growth potential in Asia.
Blog: Extra-terrestrial threat
In the wake of the World Economic Forum’s Global Risks report many have focused on the impact of climate change, digital wildfires, drug resistant diseases...
S&P warns of "mounting pressure" on global insurers
The credit quality of global multi-line insurers is generally sound, despite a downward trend over the past four years, Standard and Poor's said today.
Lloyd's hails underwriting deal with Japanese FSA
The Lloyd's market today welcomed an agreement between Lloyd's Japan and the Japanese Financial Services Agency enabling Lloyd's-based insurers to insure such risks in Japan.
Heightened terrorism risk in Turkey following activist killing
The recent killing of a leading PKK activist indicates increasing terrorism risks to state and security assets in Turkey, including in Istanbul, according to a new report by Exclusive Analysis.
Aon Benfield warns insurers to consider severe space weather events
Aon Benfield has advised the insurance industry to consider the potential ramifications of a severe space weather event, as solar and geomagnetic activity is predicted to peak in the next 12 months.
Indian general insurers look overseas
New India Assurance, United India Insurance, Oriental Insurance and National Insurance want overseas growth.
Aviva and CIMB sell joint venture in Malaysia
A bid for Aviva's five year-old joint venture with Malaysian bank CIMB has been accepted.
India considers allowing sub-brokers to sell insurance
Plans are under review by the Indian insurance regulator to allow sub-brokers to sell insurance in India.
Japanese car premiums set to rise
Premiums for compulsory automobile liability insurance to rise from April in Japan.
Bomb blasts rock Pakistan
Powerful bombs in the cities of Quetta in southwest Pakistan, and Mingora in Pakistan's north-western Swat valley, killed over 100 people and wounded 200 more on January 10.
Many Asian hedge funds without D&O and PI insurance
Only 64% of Asian hedge fund managers have insurance for directors and officers' liability and professional indemnity according to a survey by Citigroup.
New India fined for two year delay paying medical claim
Unit Trust of India Technology Services and The New India Assurance Company have been fined Rs 25,000 after incorrectly deducting money from a policyholders medical claim.
UK PMCs in Sri Lanka could find insurance invalidated
The Sri Lankan government's decision to mandate the use of offshore armouries could potentially invalidate UK private maritime security companies' insurance and affect their ability to win or retain security contracts from ship owners.
CIRC seeks more information on Ping An sale
HSBC's sale of its 15.5% stake in Chinese insurer Ping An is at risk of falling at the first hurdle.
Japanese insurers grow in strength
Four Japanese companies are now in the top 10 insurers list as measured by net written premiums, according to a new AM Best survey
Smith goes global in new COO role as Watson steps up to Ageas UK CEO
Barry Smith's promotion to the newly created role of group chief operating officer at Ageas will see him tasked with delivering the insurer's 2015 strategic vision on a global level, including its ambitions for emerging markets in Europe and Asia where…
Tasmania bushfire losses could top AUS$49m
Losses from bushfires that have ravaged Tasmania in the past few days are expected to be around AUS$49m (€39m).
QBE appoints Asia-Pacific chief
Australian insurer QBE has appointed David Fried as its new chief executive for Asia-Pacific.
Asia reinsurer launches with $550m of capital
Hong Kong-based reinsurer Peak Re is trying to remedy what it describes as an "appalling" amount of underinsurance across the Asia Pacific region.
Top five Asian news stories
The top five Asian news stories from www.insuranceinsight.com over the past seven days.
Interconnectivity of environmental and economic risks is major threat
Environmental and economic risks are on a collision course as cash strapped governments struggle to cope with the increasing economic burden from natural catastrophes, according to the World Economic Forum.