Asia
AIG returns to Q1 profit despite poor COR performance
Global P&C and life insurer AIG bounced back to profit in the first quarter of 2017 despite some poor underwriting performances.
Liberty rebrands specialty division following Ironshore purchase
Liberty Mutual Insurance has completed the purchase of Bermuda-headquartered $2.2bn (£1.7bn) gross written premium specialty insurer Ironshore.
New Zealand research report warns households over climate change
A report commissioned by the Deep South National Science Challenge has given a stark warning over the impact of sea level rise for New Zealand's residents and their insurance needs.
MSIG Thailand unveils 60 second claims app
Insurer MSIG Thailand has developed a mobile app that allows customers to report motor claims and receive assistance.
Spencer returns in Hong Kong to AIA
Former Zurich head of Asia-Pacific Stuart Spencer is returning to insurance with a role as chief marketing officer at AIA.
Keng Hooi to replace Tucker at AIA earlier than planned
AIA regional CEO Ng Keng Hooi will takeover from Mark Tucker as AIA's group CEO three months earlier than originally planned.
Hong Kong grapples with healthcare inflation
In the second most expensive place in the world for private medical insurance insurers and the government are trying to tackle Hong Kong's multiple healthcare challenges.
QBE hires Baxter as Gould moves to claims in Australia
QBE Australia and New Zealand has appointed Mark Baxter as chief risk officer.
Cyclone Debbie to cost Queensland A$2bn
The cost of last month's powerful category four cyclone to Queensland has been estimated at around A$2bn (£1.18bn).
Aviva buys out Vietnam operation
UK-headquartered insurer Aviva has bought 50% of the remaining shares in VietinBank Aviva Life Insurance for an undisclosed amount.
China's regulator warns insurers over risk
The China Insurance Regulatory Commission has warned insurers to intensify scrutiny over their operations.
Circle Asia hires three in Hong Kong
Luxembourg-headquartered specialist MGA Circles Group has expanded its Hong Kong team and moved office.
Swiss Re establishes a regional legal entity in Singapore
Swiss Re has established a regional legal entity in Singapore for its reinsurance business unit in order to strengthen its "commitment to Asia".
Zurich plans to underwrite Cover-More's travel policies
Zurich has confirmed it is interested in taking on the underwriting for Sydney headquartered travel subsidiary Cover-More's more than two million customers.
Zurich completes Australia Cover-More acquisition
Switzerland-headquartered global insurer Zurich has completed its acquisition of Australian travel insurance group Cover-More.
Insurance M&As expected to focus on insurtech
The days of mega-mergers in the insurance industry may be behind us as consolidation activity has dropped significantly from the peaks of 2014 and 2015. The sector is contemplating this change of gear and steadying itself in the face of waves of global…
ICA calls for A$200m disaster mitigation funding as Debbie claims rise
As claims from Cyclone Debbie rise to A$660m (£398m) the Insurance Council of Australia is urging the Australian government to increase disaster mitigation funding.
Kieran Rigby appointed as president of Crawford International
Kieran Rigby has been appointed to president of Crawford international, encompassing the UK, Europe, Asia-Pacific and Latin America.
Paulson to leave AIG's board
Activist shareholder and hedge fund manager John Paulson is set to leave US-headquartered global insurer AIG.
Allianz appoints experienced M&A practitioner in Asia-Pacific
German international insurer Allianz has hired a senior executive in Asia-Pacific from Insurance Australia Group.
XL Catlin promotes for Asia-Pacific leadership role
Global P&C insurer XL Catlin has promoted a senior member of its Australian team.
Vietnam's growing flood threat
A rapidly rising population in the areas most exposed to flood could make losses in Vietnam an imminent problem for the industry.
Chubb makes senior appointments in Asia-Pacific
Global property and casualty insurer Chubb has bolstered its team in Asia-Pacific.
Asia M&A deals surge in Q1
There was a significant number of merger and acquisition transactions over $100m (£80.5m) completed by Asian companies in the first quarter of 2017 according to consultancy and broker Willis Towers Watson.