Asia
Lockton grows marine presence with Italian and Singaporean investments
Broker Lockton has expanded its marine and protection and indemnity business by acquiring Genoa-headquartered Italian broker PL Ferrari & Co.
Watkins Syndicate to rename as Munich Re
From 1 January 2016 Watkins Syndicate 457 in addition to its managing agent Munich Re Underwriting will be renamed Munich Re Syndicate.
Flooding in India highlights planning weaknesses, says Aon Benfield
Aon Benfield's modeling team Impact Forecasting believes India and other countries in Asia need to learn quickly from recent dramatic flooding.
Cornish to exit IAG as Harmer rings changes
IAG's head of personal lines Andy Cornish is to leave after Peter Harmer, IAG's new CEO, reshuffled his senior team starting 9 December.
Asia: Trade credit's double digit growth prospects
Trade credit insurance in Asia looks set to enjoy double-digit growth in the years ahead, but the market is not without challenges writes Nicky Burridge.
AIG sells $750m stake in China's PICC
AIG has sold a further share of its stake in China's largest general insurer PICC Property & Casualty.
Insured costs rise to A$120m for South Australia bushfires
The bushfires in South Australia have so far seen almost A$119.7m (£58m) of claims.
Chennai floods will cost insurers at least $300m
The devastating floods in Chennai, the capital of India's province Tamil Nadu, will cost insurers at least $300m (£198m) in claims as the rains continue.
Cybercrime threat overlooked by majority of SMEs
Concern over cybercrime exposure is rising among SMEs but the rate is still low, with just 8% of firms worried about such attacks and 17% thinking they're too insignificant to be targeted.
Ironshore opens New Zealand office
Ironshore International has opened a New Zealand office in Auckland today.
Guernsey Finance to open Hong Kong office in 2016
Guernsey Finance will open a Hong Kong office in the first quarter of 2016 to focus on South-East Asia.
Asia C-Suite: Malaysia's liberalisation
A senior Malaysia broker gives his verdict on Malaysia's increasing insurance liberalisation which will include the removal of tariffs.
Hong Kong investigates claims database
The Hong Kong Federation of Insurers has set-up a provisional board to investigate establishing a claims database for Hong Kong.
Gallagher buys in New Zealand
Arthur J Gallagher has bought Timaru-based broker Reid Manson in New Zealand for an undisclosed sum.
Axa increases stake in Indian joint ventures to 49%
Taking advantage of new regulations Axa has increased its stake from 26% to 49% in Bharti Axa General Insurance and Bharti Axa Life Insurance.
Career File: Senn steps down as Zurich's global CEO
Martin Senn, Zurich's global CEO, has reached an agreement with Zurich's board to leave the company.
Zurich commits to general insurance in Singapore after life exit
From today Zurich will not accept any more life insurance policy applications in Singapore.
Product disclosure statements are too long and complex, says ICA
An Insurance Council of Australia taskforce has made 16 key recommendations to improve Australia's insurers' product explanations to customers.
"Horrific" South Australia bushfires cost insurers over A$75m
According to the Insurance Council of Australia bushfires north of Adelaide have costs insurers A$75m (£36m) so far.
Bryant to swap Lloyd's for Swiss Re Corporate Solutions in Hong Kong
Dylan Bryant, Lloyd's Hong Kong general representative, is to leave early in the new year for a role at Swiss Re Corporate Solutions.
Lloyd's syndicates unite for $400m natural catastrophe pool
Eight Lloyd's syndicates are uniting to help protect emerging economies in Africa, Asia and Latin America from natural catastrophes.
16 homes destroyed in South Australia bushfires
The Insurance Council of Australia has declared a catastrophe for multiple bushfires north of Adelaide in South Australia.
Ortega to lead Chubb in Asia-Pacific after Ace deal completes
Juan Luis Ortega, Asia-Pacific president at Ace, will lead the merged entities of Ace and Chubb in the region.
C-Suite: Tracking driving behaviour on the smartphone
Smartphone telematics apps are providing valuable data for insurers writes Paul Stacy.