Asia
China's solvency regime to provide mixed blessings for reinsurers, says Peak Re
Hong Kong-based reinsurer Peak Re believes new risk solvency regime will modernise China's market after an initial period of pain for insurers.
Former AIG and MetLife CEO Benmosche passes away
Robert Benmosche, former CEO and president of AIG, has passed away at the age of 70 after suffering from lung cancer.
Q&A: Allianz Asia-Pacific CEO
Post speaks to Allianz's Asia-Pacific regional CEO George Sartorel.
Asian insurers should invest in market disruption, says Towers Watson
Consultancy Towers Watson is urging insurers in Asia to become a market disruptor before being disrupted.
Willis lines up 49% stake in India's Almondz
Willis has agreed to purchase a 49% stake in Almondz Insurance Brokers subject to the Indian foreign investment cap being increased by Parliament.
Brit 2014 profits climb 40% as investment returns skyrocket
UK-based insurer Brit's after tax profits were £139m last year compared to £99.5m the previous year, up 39.7%, as its investment returns rocketed 38.4% year on year.
Ace makes underwriting personnel changes in Australia
Ace has made several changes and promotions in its Australian underwriting team.
Berkshire Hathaway recruits from RSA and Swiss Re in Singapore
Berkshire Hathaway Specialty has continued its recruitment drive in Asia with two hires in Singapore.
Standard Club Asia starts shipping war risk mutual
Standard Club Asia has launched a Singapore-based war risk mutual for ships.
Ironshore hires Asia-Pacific managing director from Catlin
Ironshore International has named Hui Yun Boo as managing director Asia-Pacific and principal officer for Singapore.
Claims rising from Cyclone Marcia
So far almost 9000 claims have been lodged in Queensland as a result of last weekend's Cyclone Marcia according to the Insurance Council of Australia.
QBE bounced back to profit in 2014; GWP fell 9%
Australian giant QBE secured an after tax profit of $742m (£480m) in 2014 after seeing a pre-tax loss of $254m in 2013 but missed profit expectations.
AJG International CEO Chilton defends retail credentials
New Arthur J Gallagher international CEO Grahame ‘Chily’ Chilton has hit back at claims he lacks retail experience in his first interview since assuming the role.
RSA sells holding in Indian insurer
RSA has sold its 26% stake in Indian insurer Royal Sundaram Alliance Insurance Company to Sundaram Finance, its joint venture partner.
Thailand's online distribution heats up
The insurance industry in Thailand is waking up to the benefits of digital distribution channels as the market bounces back to double-digit premium growth writes Nicky Burridge.
C-Suite: Taiwan lacking insurance provisions for food recall scandals
A senior Taiwanese broker argues that increasing fines is not enough to help Taiwan's food industry overcome several food recall scandals.
IAG's premiums and profits rise in Asia
Australasia giant is growing slowly but surely in Asia.
Brisbane hailstorm hurts IAG's first half profits
Catastrophes and reduced reserved releases contributed to IAG's 9.8% fall in profits in the first half of its financial year through 31 December.
Coface 2014 turnover grows 1.6%
Coface has reported a 1.6% increase in its turnover for the year ending 31 December 2014 to €1.4bn (£1bn).
Canterbury earthquakes could cost Lloyd's £2.8bn
Lloyd's has paid out NZ$4.2bn (£2bn) for the 2010 and 2011 Canterbury earthquakes in New Zealand and estimates a further payout of NZ$1.6bn.
Brit to operate on 'decentralised basis', says Fairfax CEO
Fairfax Finance CEO and chairman Prem Watsa has hailed Brit's "outstanding" 10 year track record Following the firm's 305p a share offer for the insurer.
Apollo and CVC accept Fairfax's £1.22bn Brit bid
Toronto-based Fairfax Financial has made an all cash offer for all the shares of specialist insurer Brit Insurance.
Steadfast buys underwriting agencies and broker from QBE
Australian insurance group Steadfast has bought two underwriting agencies and a broker from Australian giant QBE for A$290m (£147m).
Dutch group sells insurance arm to Chinese insurer
SNS Reaal, a troubled Dutch government owned bank and insurer, has agreed to sell its insurance arm to Anbang Insurance.