India
Insured catastrophe losses were $27bn in 2015, says Munich Re
Insured natural catastrophe losses were $27bn (£18.3bn) in 2015 down from $31bn in 2014 and an average of $34bn over the past 30 years according to reinsurance giant Munich Re.
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.
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.
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.
Lloyd's India agreement imminent, says head of global markets
Vincent Vandendael, director - global markets, Lloyd's has told Post an agreement for a Lloyd's reinsurance market to open in India is imminent.
Claims Awards Asia 2015: the winners
The winners of the Claims Awards Asia 2015 were announced on 10 September at the Regent Hotel, Singapore.
Ageas sells Hong Kong division to Chinese private equity firm
Ageas has sold its Hong Kong division to China's largest private equity firm JD Capital for HK$10.7bn (£895m).
Asia storm surge risk exposure to grow exponentially by 2070, says OECD
Coastal risks are rising in Asia at a rapid rate according to new research.
Claims Awards Asia 2015: Shortlist announced
Post is pleased to announce the shortlist for the Claims Awards Asia 2015.
QBE gains in first half from asset sales and improved COR; CEO targets growth
Sydney-headquartered QBE saw a 24% rise in first half after tax profits to $488m (£331m) compared with $392m in the first half of last year.
Disaster losses reach £23.7bn in H1 2015
Total economic losses from natural catastrophes and man-made disasters reached $37bn (£23.7bn) in the first half of 2015, according to Swiss Re.
Indian reinsurer added to list of Altitude capacity providers
Altitude Risk Partners, Castel’s global aviation and space underwriting business, has added the General Insurance Corporation of India to its aviation capacity providers.
AA buys 49% stake in Indian roadside assistance venture
The AA has launched a five-year joint venture with Indian roadside assistance provider TVS Automobile Solutions to provide operational expertise to develop its assistance business in the country.
Axa expands start-up fund to Asia and targets 100 million customers
Axa is expanding its investments in China, Hong Kong and Singapore as it targets 100 million customers by 2030.
78% of terrorist attacks since 2007 have been in 10 countries, says Aon
Aon has identified the 10 countries where the vast majority of global terrorist attacks occur.
IAG's India stake increase on track after Indonesia buy
Insurance Australia Group is in advanced discussions to increase its stake in SBI General Insurance in India to 49%.
Deloitte Asia-Pacific managing director hails "tremendous" growth potential
Deloitte has appointed Yoichiro Ogawa, deputy CEO of Deloitte Japan, as global managing director for Asia-Pacific.
Axa's Indian investment increases given final approval
India's Foreign Investment Promotion Board and the Competition Commission have approved Axa's move to increase its stakes in two Indian insurers.
RSA completes China sale
RSA has completed the sale of Sun Alliance Insurance (China) to Swiss Re Corporate Solutions.
C-Suite: India's foreign investor ownership controls
Seven years after the proposal was first muted, India has finally raised the foreign direct investment cap to 49%; a lawyer investigates how the ownership and control systems will work.
Bharti Axa General Insurance appoints Wrigley executive as CEO
Bharti Axa General Insurance has appointed Deepak Iyer as CEO and managing director.
Axa's Indian joint venture stake increases approved
The Indian government has approved Axa's application to raise its foreign ownership to 49% from 26% in two insurers for undisclosed sums.
Death toll climbs after Nepal earthquake
At least 3218 people have died and 6500 people have been injured after a 7.8 magnitude shallow earthquake struck in Nepal over the weekend.
India's long-awaited opportunity
India’s general insurance sector looks set for a flurry of activity following a long-awaited change in the law allowing foreign companies to increase the stakes they hold in local firms, writes Nicky Burridge.