Asia
United Nations secretary-general asks for industry's help on climate change
United Nations secretary-general Ban Ki-moon has urged the insurance industry to work with the organisation in a meeting at the UN's headquarters in New York this week.
Shallow earthquake kills nine on Japanese island
A magnitude 6.4 earthquake struck south-west Japan last night killing at least nine people on Kyushu island.
XL Catlin appoints head of insurance strategic client and broker management
XL Catlin has named Philippe Gouraud as its head of strategic client and broker management for its insurance division.
Insurance fraud in Australia rises above A$2bn a year
According to the Insurance Fraud Bureau of Australia, insurance fraud is costing Australians more than A$2bn (£1.1bn) a year.
Beazley hires three for Asia-Pacific marine division
Specialist insurer Beazley has hired three marine underwriters to be based in its Singapore office.
Guest promoted at XL Catlin in Singapore
David Guest, XL Catlin's Asia-Pacific head of crisis management, has been promoted to country manager for the insurer's Singapore operations.
Australia's Honan forms strategic partnership with Malaysia's Hayat
Melbourne-headquartered Honan Insurance Group has made an undisclosed strategic partnership with Kuala Lumpur-based broker the Hayat Group.
Willis Re sees "encouraging signs" as reinsurance renewal rates fall again
Willis Re's latest reinsurance report has identified some encouraging signs for the market despite April reinsurance rates falling for the fourth year in a row.
Lloyd's to apply for Mumbai reinsurance branch
Lloyd's has started talks with the Insurance Regulatory and Development Authority about a reinsurance branch license in Mumbai, India.
Friendsurance secures funding for Australia expansion
Berlin based peer to peer insurance firm Friendsurance has secured $15m (£10.4m) of funding for expansion.
Metlife wins 'too big to fail' court hearing
US life insurance giant Metlife has won a court victory over the US Treasury's decision to classify the insurer as a systemically important financial institution.
40% of Singapore companies to have cyber insurance by 2020, says AIG
The cyber insurance market is forecast to grow 50% in Singapore this year according to AIG Asia-Pacific.
UK still long-term hotspot for shipping incidents
The British Isles, North Sea, English Channel and Bay of Biscay region is the area that has seen the most shipping casualties since 2006, according to Allianz Global Corporate and Specialty, despite total losses in the British Isles being down year-on…
Axa chairman and CEO Henri de Castries to step down
Axa’s long-serving CEO and chairman Henri de Castries will retire and leave the board of directors on 1 September with the role to be split following his departure.
Three senior Asia AIG managers leave as insurer reduces costs
Post understands three senior Asia AIG managers have been made redundant as the insurer looks to reduce costs.
Lai promoted at Generali to Asia chief underwriting officer
Generali Global Corporate and Commercial has appointed Ken Lai as chief underwriting officer Asia, commercial lines.
Broker teams up with Australian Rugby Union for club risk management app
Sydney-based insurance broker Gow Gates has created a rugby club risk management app with the Australian Rugby Union.
Generali appoints Donnet as group CEO
Italian giant Generali has appointed Philippe Donnet, Generali's Italy country manager, as group CEO.
Lloyd's creates country manager role for India
Lloyd's has appointed Shankar Garigparthy as country manager for India.
QBE signs analytics partnership with WNS
India-based global business process management company WNS has signed a worldwide deal with Sydney-based insurance giant QBE.
Bilney leaves FP Marine after 20 years
Philip Bilney, group CEO of Hong Kong-headquartered FP Marine Risks, has decided to leave the company.
Zurich's Spencer links climate risks with economic growth in Asia-Pacific
Stuart Spencer, general insurance Asia-Pacific CEO at Zurich, warns the Asia-Pacific region could face a "perfect storm" if it fails to understand the full impacts of climate change.
Hong Kong Analysis: SMEs' more sophisticated approach
Intense competition and a slowdown in China’s economy will make the Hong Kong SME market more challenging writes Nicky Burridge.
Ping An's profits climbed 38% in 2015
Chinese financial services giant Ping An has reported a 38% rise in profits in 2015 to 54.2bn yuan (£5.88bn) compared with 39.3bn yuan in 2014.