All the headlines from our Asia Topic Page, ordered by recency.
Oct 24 2018 // Tokio Marine Kiln (TMK) announced a reorganization of its Asian operations based primarily in Singapore with supporting offices in Hong Kong and Shanghai. TMK will be closing its Hong Kong office with immediate effect and...
Oct 11 2018 // Singapore lender United Overseas Bank Ltd. is reviewing its insurance business, including an existing partnership with Prudential Plc, after Southeast Asia witnessed a wave of lucrative distribution deals, people familiar...
Oct 5 2018 // AXA becomes the “official global insurance partner” for Liverpool Football Club, which is part of the English Premier League.In addition to providing excellent global brand visibility and raising AXA’s...
Oct 1 2018 // Harvard, the nation’s oldest university, must go to trial to defend a lawsuit claiming it discriminates against Asian-American applicants.A Boston federal judge’s rejection Friday of requests by both sides for...
Sep 27 2018 // Toyota Motor Corp., Asia’s biggest carmaker, is preparing for a potential future where people don’t buy cars.That’s behind the hefty investments that the company has made in ride-hailing providers, most...
Sep 25 2018 // Imagine landing at a major airport and the only human official you meet on your way through the terminal is a customs officer.Singapore’s Changi Airport, voted the world’s best for the past six years by...
Sep 6 2018 // Independent specialty managing general agent Nexus Group has acquired Huntington Underwriting Ltd. (HUL), a structured solutions underwriting manager operating out of Labuan International Business and Financial Centre,...
Aug 31 2018 // The U.S. Justice Department on Thursday backed a lawsuit accusing Harvard University of discriminating against Asian-American applicants, throwing its support behind a case that could impact the use of race-based college...
Aug 28 2018 // Hong Kong-based insurer FWD Group has agreed to buy HSBC Holdings Plc’s stake in a Malaysian insurance joint venture as part of a plan to expand its presence in Asia, three people familiar with the matter said.FWD,...
Aug 21 2018 // Chubb has appointed Stanley Wong as country president for Hong Kong, Taiwan & Macau, effective Oct. 1, 2018. He replaces Doug White, who was appointed to the role of head of the Major Accounts Division for Chubb in...
Aug 20 2018 // ZhongAn Online P&C Insurance Co. Ltd., the first internet-only insurer in China, announced its subsidiary ZhongAn International will receive a strategic investment from SoftBank Vision Fund, which will support the...
Aug 20 2018 // Chubb announced the establishment of a Major Accounts Division in the Asia Pacific region, a dedicated premium service that encompasses underwriting, risk engineering and claims for the region’s large, global and...
Aug 13 2018 // China’s Ping An Insurance (Group) Co. has 23,000 research staff, 500 big-data scientists and spends billions of dollars a year on R&D. Last year, it attracted 46 million new customers, equivalent to the...
Aug 10 2018 // Global commercial insurance prices rose in the second quarter of 2018, marking the third consecutive quarter of increases, according to Marsh’s “Global Insurance Market Index.”These average increases were...
Aug 9 2018 // Ping An Insurance (Group) Co. is considering buying Prudential Plc’s Asia business, people familiar with the matter said, a deal that would reshape Asia’s booming insurance industry and mark the biggest-ever...
Jul 31 2018 // Hong Kong billionaire Richard Li’s FWD Group is considering listing in Singapore with a dual-class structure, as the insurer moves ahead with its initial public offering preparations, people with knowledge of the...
Jul 26 2018 // Global insured losses from natural disasters for the first half were preliminarily estimated at US$21 billion, which is 40 percent lower than the 10-year average of US$35 billion and 19 percent lower than the 18-year...
Jul 26 2018 // Extreme weather that’s gripping northern Europe and parts of Asia may persist through early August, prolonging a deadly heatwave that’s parched crops and sparked devastating forest fires.Temperatures have risen...
Jul 17 2018 // RMS, the Newark, Calif.-based risk modeling and analytics firm, announced it has strengthened the Asia Pacific capabilities of its Version 18 catastrophe risk management software.The Asia Pacific model suit is being...
Jul 16 2018 // Global insurance premiums continued to rise in 2017 with emerging markets leading the way, according to a study published by Swiss Re Institute’s sigma, which is celebrating its 50th anniversary of market...