Asia
Hong Kong government advisory report laments reinsurance failings
A Hong Kong government advisory group is recommending changes in captive, marine and reinsurance regulations to help turnaround the SAR's Asia hub status.
Sydney hailstorm brings IAG to within A$126m of nat cat allowance
Sydney's dramatic hailstorm on 18 February has cost Australian insurer IAG at least A$160m (£99m) in claims so far.
PICC's Yincheng resigns
Wang Yincheng, executive director, vice chairman and president of Chinese insurer PICC, has resigned according to the firm.
Berkshire Hathaway hires for Asia expansion
Berkshire Hathaway Specialty has hired two senior insurance professionals as the insurer introduces personal accident to Hong Kong and Singapore.
Allianz's Asia P&C profits fell 22% in 2016
Allianz saw P&C profits fall 22% in Asia last year to €58m (£49.5m) from €74m in 2015.
Fosun helps The Floow raise £13m
UK telematics technology provider The Floow has raised £13m for equity investment from a variety of international funds.
Strong insurance competition in Australia, says broker association
Australia's National Insurance Brokers' Association has responded to an Australian parliamentary inquiry into general insurance.
Benard swaps Axa Gulf for Generali Asia
Fabrice Benard has been appointed regional head of P&C retail for Italian giant Generali's Asia operations.
Interview: Sian Fisher, Chartered Insurance Institute
A year into her role as CII CEO, Sian Fisher speaks to Martin Croucher about tackling discrimination and her plans for the body
JLT posts robust Asia-Pacific 2016 results
Last year UK-headquartered international broker JLT grew revenues and profits in Asia and was buoyed by a good employee benefits performance in Australia and New Zealand.
Crawford & Company reports improved financial results for 2016
Crawford & Company has reported improved financial results in 2016 with a net income attributable to shareholders of $36m (£28.9m), up from a net loss of $45.5m in 2015.
QBE estimates UK discount rate liabilities of £129m
Australian insurer QBE is expecting a one-off increase of $160m (£129m) for outstanding claims liabilities following a UK Ministry of Justice decision on the personal injury discount rate.
Slater and Gordon hit by A$350m UK writedown
Melbourne-based personal injury law firm Slater and Gordon made a loss of A$425.1m (£263m) in the first six months of the firm's financial year to the end of 31 December.
AIA's Tucker sees 7% China penetration in 2030
Mark Tucker, CEO of Hong Kong-headquartered life insurer AIA, sees great potential for his company and others in China.
QBE appoints McMillan as COO
Sydney-headquartered QBE has appointed former CEO of Aviva Europe and chairman of global health insurance David McMillan as group chief operations officer.
QBE announces A$1bn share buyback after 2016 profit increase
Australian global giant QBE has seen its share price climb after posting its 2016 group performance today.
Allianz sponsors Asian Champions League
Global general insurer Allianz has signed a four year sponsorship agreement with the Asian Football Confederation for three major cup competitions.
Blog: Seven Asian insurtech start-ups to watch in 2017
Despite the US being seen as the pre-eminent center for insurtech investment, it in no way has the monopoly on all the good ideas.
Former Direct Asia managers launch Singapore insurtech firm with BGL parent
The owner of BGL group has teamed up with the co-founder of Direct Asia to launch a new insurtech start-up in Singapore.
Suncorp buys 11% of New Zealand's Tower following Fairfax bid
Australian giant Suncorp has bought 11% of listed New Zealand general insurer Tower and is offering NZ$219m (£126m) for a full acquisition of the firm.
New Zealand's insurers paid out £1.5bn in Christchurch claims last year
New Zealand's insurers are still paying out huge sums for the devastating earthquakes in Christchurch in 2010 and 2011.
Steadfast's EBITA climbs 11% to A$66.7m
Australian broker group Steadfast saw another six months of strong growth in the first half of the 2017 financial year.
IAG's first half pre-tax profit dips 6.4%
Australian giant IAG saw pre-tax profit fall to A$571m (£351m) in the first half of the 2017 financial year compared with A$610m in H1 2016.
Quarter of insurance CEOs expect to make redundancies over the next 12 months, says PWC
A quarter of insurance CEOs expect their companies to make redundancies in the next 12 months, according to an extensive survey.