All the headlines from our Asia Topic Page, ordered by recency.
Aug 2 2017 // Guy Carpenter & Co. announced that Tony Gallagher has been appointed CEO of the Asia Pacific Region, with immediate effect. In addition, Richard Jones has been promoted to chairman of the region.Most recently CEO of...
Jul 28 2017 // FM Global, the Johnston, R.I.-based commercial property insurer, has made key changes to its management team, moving Stefano Tranquillo and David M. Johnson into new roles in EMEA/Asia Pacific and the Asia region.Stefano...
Jul 25 2017 // Aetna Inc. announced it has acquired UK-based Bupa Group’s Thai business, Bupa Thailand, for an undisclosed sum.The acquisition will significantly increase Aetna’s presence in Asia, and is key to the...
Jul 19 2017 // Aviva, Britain’s biggest life insurer, said it would sell Friends Provident International (FPIL), which provides life assurance and investment products in Asia and the Middle East, to a unit of International...
Jul 12 2017 // RMS, the Newark, Calif.-based risk modeling and analytics firm, has introduced typhoon models for wind and flood for South Korea and Taiwan, plus four new earthquake models for Singapore, Malaysia, Thailand and...
Jun 29 2017 // Guy Carpenter & Co. has launched a new unit offering dedicated retrocession services to clients in the Asia Pacific region called GC Asia Pacific Retro.GC Asia Pacific Retro provides a wide range of retrocession...
Jun 29 2017 // Allianz Global Corporate & Specialty (AGCS), Allianz Group’s unit for corporate & specialty insurance business, has opened a branch office in South Korea to serve global corporate clients.AGCS said it has...
Jun 21 2017 // Allianz SE, the German insurer that stemmed outflows at U.S. asset manager PIMCO, is now trying to bulk up on the other side of the world.“Asia is still a relatively small part of the overall global portfolio but it...
Jun 19 2017 // The U.S. Supreme Court said the federal government can’t constitutionally withhold legal protections for trademarks seen as disparaging, throwing out a 70-year-old provision as a free-speech violation.The ruling was...
Jun 13 2017 // Insurer MAPFRE, which already owned 31 percent of the insurer, has gained 51 percent and effective control of Indonesian insurance company PT Asuransi Bina Dana Arta Tbk (ABDA).The transaction was closed at a price of 90...
Jun 13 2017 // Large shipping losses have declined by 50 percent over the past decade and last year saw the lowest number of losses in the past 10 years.The favorable loss trend has been largely driven by improved safety, according to...
Jun 12 2017 // Markel International, a specialist insurer, has appointed Dillon Matthews as trade credit underwriter and senior risk analyst in Singapore, in a move to strengthen and broaden its Asia Pacific resources.Matthews will focus...
May 25 2017 // Three Lloyd’s insurers have joined forces to form a Political Risk Consortium in Asia, offering increased capacity for a wide range of political and contract frustration risks.Beazley, Chaucer and Talbot will work...
May 25 2017 // Swiss Re Corporate Solutions has appointed Jonathan Rake as CEO Asia Pacific, based in Singapore. Rake will move from his current position as head South East Asia and assumes the new role on July 1, 2017.He succeeds Fred...
Apr 24 2017 // Bermuda-based AXIS Capital Holdings Ltd. announced the launch of the “AXIS Re Actuarial Scholarship” in partnership with Renmin University in China.The scholarship fund will provide financial assistance to...
Apr 21 2017 // The global insurance industry is set to grow more strongly at 4.5 percent per annum on average (3.0 percent in real terms, or adjusted for inflation) during 2017 and 2018, according to Munich Re.While premium income is...
Apr 18 2017 // Singapore ranks the highest in Asia in attracting and developing talent, reflecting not only its world-class education system but how it’s adapting skills in the digital era.The city-state took the No. 2 spot behind...
Apr 18 2017 // Swiss Re plans to launch in 2018 a subsidiary in Singapore, which will become the company’s regional headquarters for its reinsurance operations in Asia.The company, Swiss Re Asia, will be wholly owned by its...
Apr 13 2017 // Brit Ltd. announced that it has appointed David Lim as CEO, Brit Global Specialty Singapore, with effect from May 15, 2017.Following the appointment, Lim, together with Charles Barrett, chief underwriting officer, Asia...
Apr 12 2017 // Ant Financial, the finance affiliate of Alibaba Group Holding, and Indonesian media company Elang Mahkota Teknologi (Emtek) are to form a joint venture to offer payment and financial services in Indonesia.The Emtek tie-up...