Asia
Suncorp's Vero to appeal Tower takeover block
Australian giant Suncorp is appealing a New Zealand Commerce Commission decision to block its takeover bid of rival Tower by its subsidiary Vero.
Hong Kong Observatory hoists typhoon signal 10 as Hato hits
The Hong Kong Observatory has raised typhoon signal 10, increased from signal 9 earlier, as of 9:10am this morning as powerful Typhoon Hato hits the Special Administrative Region.
The cost of Hong Kong's typhoons
A typhoon signal 8 warning can cost Hong Kong's economy as much as HK$4.29bn (£427m) each day writes Swiss Re Corporate Solutions head of north Asia and Hong Kong branch manager Dylan Bryant.
Axa's Drouffe moves to Singapore
Global insurer Axa has appointed Jean Drouffe as CEO Axa Singapore following the promotion of previous Singapore CEO Doina Palici-Chehab.
Chubb appoints Gschossmann in Singapore
Global P&C insurer Chubb has appointed Johannes Gschossmann as head of financial lines in Singapore.
Kwok moves from QBE to XL Catlin in Hong Kong
Alice Kwok has joined XL Catlin from QBE-HKSI in Hong Kong as a marine underwriter.
Liberian oil tanker collides with US navy ship near Singapore
A large Liberian oil vessel, Alnic MC, has collided with a US guided missile destroyer, the USS John S. McCain, near Singapore early this morning while it was still dark.
Snowdon swaps Willis Towers Watson for JLT Asia
Kevin Snowdon, director risk and analytics - Asia, for international broker consultancy Willis Towers Watson is leaving the firm to join rival JLT Asia.
Allianz grows first half P&C GWP in Asia as profit falls
Global insurer Allianz saw P&C premium growth in Asia of 13% in the first half of the year as P&C profit fell the same percentage amount.
Philippi swaps Allianz for Euler Hermes in Asia
Allianz-owned global trade credit insurer Euler Hermes has made two senior appointments in Asia.
Fried to leave QBE role as insurer splits emerging markets division
Australian insurer QBE is reviewing its emerging markets division after making a pre-tax loss of $48m (£28m) in the first half of the year compared with a profit of $36m in the same period last year.
Australian insurers need to innovate to survive, says TAS
Insurers need to deal with their legacy systems and adapt to insurtech threats according to Sydney-headquartered financial technology firm TAS.
Hong Kong insurtech start-up registers 1000 users
Hong Kong digital app Cover Go, which helps organise policies, is gaining traction in the Special Administrative Region.
Hong Kong insurers should prepare soon for regulator levy, says EY
Hong Kong's insurers have less than five months to prepare to implement the premium levy to fund the Insurance Authority.
QBE appoints former Chubb director as Malaysia CEO
Australian insurer QBE has made a senior appointment in Malaysia.
Zurich's first half global P&C profit falls 15%
Swiss insurance giant Zurich saw a 15% fall in pre-tax P&C global profit in the first half of the year.
Allianz's Axel Theis on why insurers can look ahead with confidence
Axel Theis, Allianz SE board member, global insurance lines and anglo markets, explains why premiums are tipped to grow over the next decade.
AIG sees 87% spike in Greater China cyber enquiries following Wanna Cry
Following the global ransomware attack named as Wanna Cry in May Asian firms are becoming more interested in cyber insurance.
Over $10bn of China economic losses in six weeks, says Aon Benfield
Aon Benfield's nat cat experts Impact Forecasting has recorded over $10bn of economic losses in China over a six week summer period following heavy flooding.
Markel hires political risk underwriter in Singapore
Specialist insurer Markel has recruited a political risk underwriter in Asia.
Flooding and storms wreak havoc across Asia
As Typhoon Noru approaches Japan flooding has killed over 250 people across Asia over the last few weeks and caused hundreds of millions of dollars of damage.
Uncertainty hampering M&A activity, says Clyde and Co
Corporate uncertainty around Brexit and tighter Chinese monetary controls has been hampering M&A activity in global insurance this year according to international legal firm Clyde and Co.
Insuring the Pacific: where cyclones can cost half a nation's GDP
The growing impact of climate change on the Pacific Islands just adds another layer of catastrophe risk to an already highly vulnerable group of countries.
Germany spurs Axa's first half global P&C results
Paris-headquartered insurer Axa's 2017 P&C results for the first half were buoyed by strong performances in Germany, its EMEA-LatAm business and Axa Corporate Solutions.