China
QBE sets sights on $5bn PCM target
QBE Europe's property, casualty and motor division has set its sights on becoming a $5bn (£3.03bn) business by the end of 2015. Ash Bathia, PCM chief underwriting officer, said the business is growing from its current premium level of $2.7bn, while still…
Aon Benfield enters partnership to boost typhoon research
Aon Benfield has entered into a strategic partnership with Shanghai Typhoon Institute of China Meteorological Administration to boost typhoon research in China and deliver relevant research to the insurance industry.
Overseas focus - China: a market of opportunity?
With an enormous population and low insurance penetration, China should be a market ripe for entering. Jakki May finds out it isn't as simple as it sounds but reveals an appetite for change and growth.
Markel granted China approval
Property and casualty insurance firm Markel has received permission to establish a representative office in Beijing.
Lockton opens office in Beijing
The UK Ambassador to China Sebastian Wood lauded the work of international insurance brokers helping China to further develop its insurance markets at the official office opening ceremony of Lockton, which today opened a new branch in Beijing.
London improves insurance ranking in Global Financial Centres Index
London has risen one place to fourth in a latest ranking of the world’s most prominent insurance centres.
Major loss: meeting the challenges of major loss
With the global nature of modern business exposing insurers to a variety of major loss challenges, Trevor Latimer assesses the consequences.
Clyde & Co expands Asia team
Clyde & Co has announced Michael Cripps is to join the company’s global corporate insurance practice as a partner.
Interview – Robert Hiscox: Opinions of the insurance industry
Robert Hiscox is never one to hold his tongue. When Daniel Dunkley met him to talk about current market conditions, he was as forthright as expected on the FSA, ABI, government policy and price-matching practices.
Natural catastrophes: A model example of assessing earthquake exposure
Earthquake costs are rising steadily. Jane Bernstein examines insurers' current use of modelling, recent event responses and solution sustainability.
Chartis reveals Bric attraction
Chartis UK major accounts practice has surveyed clients on the opportunities and threats they perceive for their operations in Brazil, Russia, India and China.
Markel appoints Hong Kong chief
Markel International has appointed Ada Lam as development underwriter and head of its new Hong Kong office.
Lockton opens second China branch
The China Insurance Regulatory Commission has granted approval to Lockton to open a new branch office in Beijing.
China floods to have “limited impact” on insurers
The worst floods witnessed in China for more than a decade are unlikely to have a significant impact on the insurance industry, Guy Carpenter has claimed.
XL gains China license
The Chinese Insurance Regulatory Commission has granted XL a license to operate as a property and casualty insurer in Shanghai.
Lloyd's broker RFIB expands with Kazakhstan office
RFIB, the Lloyd’s insurance and reinsurance broker, has expanded its presence in Eastern Europe with the opening of an office in Almaty, Kazakhstan, and the appointment of Galina Pakhomova as chief representative for the country.
Lloyd's firm Houlder receives £1.2m cash injection
Houlder Insurance Services has received a £1.2m capital injection from its parent China Merchants Group.
Guy Carpenter awarded broking licence by Chinese regulator
Guy Carpenter has announced that it has been awarded the wholly owned foreign enterprise broking licence by the China Insurance Regulatory Commission.
Transactional risks - Solutions: Coming of age
Companies with reinvigorated balance sheets are displaying renewed appetite for mergers and acquisitions. John McNally and Tim Allen detail how evolving transactional risk insurance solutions mean the market can meet their needs.
Interview - Bart de Smet: Return to fitness
Despite being one of the most high-profile casualties of the financial crisis, Ageas is now focusing on the future rather than the past. Jonathan Swift meets group CEO Bart De Smet to discuss its UK plans, acquisitions and why big is not necessarily…
Allianz on track to eclipse £30m target
Allianz Commercial is expanding its cross-border insurance offering as part of a relaunch of its UK mid-corporate operation.
GC unveils new global analytics MD
Guy Carpenter has named Imelda Powers as its new managing director of Global Analytics. The appointment is with immediate effect.
Groupama joins forces with Chinese industrial group for new joint venture
Mr Jean Azéma, CEO of Groupama and Mr Gu Huizhong, vice president and CFO of AVIC Group Aviation Industry Corporation of China Group, have signed a memorandum of understanding in order to finalise an agreement to create a joint venture by 31 December…
Axa unveils Chinese tie-up
Axa, Industrial and Commercial Bank of China and China Minmetals Corporation have reached agreement on the equity transfer of Axa-Minmetals Assurance Co.