Asia

Indonesia quake could cause premium hikes

Aftershocks from yesterday's 8.6 magnitude earthquake in Indonesia may lead to cover restrictions and premium and deductible increases, according to industry sources.

India's foreign direct investment u-turn hits IPO plans

The Indian government's move to defer the easing of foreign direct investment in insurance will scupper the plans of large companies considering initial public offerings and may push consolidation, according reports in the Indian press.

Asian aviation: risk or opportunity?

The Asian aviation market is set to grow rapidly in the next 20 years, bringing many opportunities for insurers. But Edward Murray asks whether underwriters are taking all the future risks into consideration.

The challenges of the solar market

Solar power is a firm part of the green movement in Europe but, with government cuts becoming increasingly common, Jakki May asks whether this renewable energy will continue to be affordable and efficient.

Countdown to ISA: Q&A with Aviva's Simon Machell

Simon Machell, chief executive of Aviva Asia Pacific, will be part of the panel debate on The outlook for insurance in Asia at Insurance Strategy Asia taking place in Hong Kong on Tuesday 29 May.

China's P&I club halts cover over Iran sanctions

A major Chinese ship insurer will halt indemnity cover for tankers carrying Iranian oil from July, dealing a blow that narrows the insurance options for Tehran's main export already constricted by payment barriers caused by Western sanctions.

Paton eyes international growth at DAC Beachcroft

Incoming DAC Beachcroft claims solutions group chief executive Bill Paton has vowed to use his "extensive" contacts across the world to grow the law firm's presence in the Asia Pacific and Latin America markets.

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