Hong Kong
AIA completes deal for Aviva's Sri Lanka unit
AIA has completed its acquisition of Sri Lankan insurer Aviva NDB Insurance from Aviva and Sri Lanka's National Development Bank.
Hong Kong insurers see 10% premium rise in first nine months
Hong Kong's insurance industry posted a 10% increase in gross premiums in the first three quarters of 2012, to reach $190.1bn, figures published by the Office of the Commissioner of Insurance showed.
PICC lists on HK exchange
Chinese state-owned insurer PICC Group raised $3bn in its Hong Kong's initial public offering today.
Sart poaches marine underwriter from Ace HK
Sart Underwriting, a Lloyd's coverholder based in Hong Kong, has hired Larry Kwok as chief marine underwriter.
Cashin joins Kennedys HK
Peter Cashin has joined law firm Kennedys’ corporate and commercial group in Hong Kong.
MSIG aims to strengthen brand presence in Asia
MSIG Insurance (Malaysia) is aiming to enhance the presence of its subsidiaries in a number of Asian territories with a new marketing campaign.
ING deal sparks AIA appointments
AIA Group has made senior management changes in preparation for the integration of AIA and ING Malaysia.
Asia tops list for serious underinsurance says Lloyd's
States in many high growth countries are shouldering the burden of excessive natural catastrophe losses due to low levels of insurance penetration, Lloyd’s has warned.
Cautious optimism for Hong Kong’s insurance market
With the Hong Kong insurance market continuing to grow rapidly you would expect insurers to be optimistic about the prospects for the market. This optimism is not unbridled, however.
HSBC in talks over sale of Ping An stake
HSBC may sell its stake in China's Ping An Insurance as part of a drive to improve profitability, the insurer confirmed on Monday.
Asian claims power
Claims is often touted as the shop window of insurance, and claims departments in Europe have been given increasing power. Sam Barrett finds out why the same is not true of Asia.
PICC seeks cornerstone investors ahead of IPO
Chinese state-owned insurer PICC Group is in talks with American International Group and others to become cornerstone investors for its planned Hong Kong listing, Reuters reported.
Crawford hires Hong Kong construction adjuster
Loss adjuster Crawford & Co has appointed Peter Spencer as regional construction executive adjuster.
Willis launches D&O product in Asia-Pacific region
Willis has introduced its Darcstar directors all risks cover to Hong Kong, Singapore and Australia.
German joint venture and expansion in Asia help Markel Int return to underwriting profit
Markel International has reported gross written premiums up 4% to $705m for the nine months ended 30 September 2012.
The Asian talent hotpot for insurers
As insurers ride the wave of rising wealth in Asia the demand for professionals with the right expertise to make the most of growth opportunities is shrinking, as Pagan Van reports.
Asia View from the Top: The effects of globalisation
'May you live in interesting times' is apparently the English translation of an ancient Chinese curse, and the past few years have been interesting and challenging from an underwriter's point of view.
IPipeline hires Greenberg to build Apac presence
Insurance processing solutions provider iPipeline has appointed Paul Greenberg as country manager for Japan and Asia Pacific.
Top five Asian news stories
The top five Asian news stories from wwww.insuranceinsight.com over the past seven days.
China Pacific Insurance gets nod for private share placement
China Pacific Insurance has received approval from the Chinese securities regulator to raise HK$10.4bn ($1.34bn) in an H-share private placement, according to a statement on the stock exchange.
PICC appoints legal firms for IPO preparations
Legal firms Slaughter and May, Sullivan & Cromwell and Davis Polk & Wardwell have picked up lead advisory roles as the state-owned People's Insurance Company of China gets closer to an initial public offering.
AIA appoints Yeo Yong-Boon as non-exec director
Pan-Asian insurer AIA Group has appointed George Yeo Yong-Boon as an independent non-executive director
HKFI sets up task force as second round of regulation consultation begins
The Hong Kong Federation of Insurers has welcomed the second-round consultation on the proposed establishment of an independent insurance authority.
Chinese insurers given green light to invest in 45 new countries
China's Insurance Regulatory Commission has widened overseas investment options for its domestic insurance sector.