Latest Asia Headlines

All the headlines from our Asia Topic Page, ordered by recency.

Alibaba’s Finance Unit, Ant, to Focus on Asia Expansion – Before Going Global

Nov 1 2016 // Ant Financial Services Group, the world’s biggest financial technology company, plans to focus its expansion plans in Asia before looking to go more global, a senior official said on Tuesday.Ant, Alibaba Group...

JLT Re Taps Willis Re’s Punch as MD, APAC, for Regional Clients & Retrocession

Oct 27 2016 // JLT Re, the London-based reinsurance broker and consultant, has appointed Stephen Punch as managing director, Asia Pacific, for Regional Clients and Retrocession. Punch is expected to join JLT Re in early 2017 after he has...

BHSI Licensed to Provide Re/Insurance in Macau; Key Positions Announced

Oct 6 2016 // Berkshire Hathaway Specialty Insurance Co. (BHSI) has received a license to provide insurance and reinsurance in Macau and filled key positions in its newly established Macau office.“It is a very interesting time in...

Supreme Court to Hear ‘Disparaging’ Trademark Case Similar to NFL’s Redskins’

Sep 29 2016 // The U.S. Supreme Court accepted a new case with implications for the Washington Redskins’ name controversy, agreeing to decide whether the federal government can withhold legal protections for trademarks it concludes...

Feds go after Silicon Valley Firm over Alleged Hiring Bias

Sep 29 2016 // The U.S. Department of Labor has filed a lawsuit accusing a fast-growing Silicon Valley software company of systematically discriminating against Asian job applicants.Palantir Technologies was co-founded by prominent tech...

XL Catlin Appoints Chambers as Country Manager, Hong Kong – Insurance

Sep 27 2016 // XL Catlin’s insurance operations announced the appointment of Jamie Chambers as country manager for Hong Kong.In his new role, Chambers will be responsible for driving XL Catlin’s insurance business and market...

Aspen Re Names Hough as Managing Director for Asia Pacific

Sep 26 2016 // Aspen Insurance Holdings Ltd. announced that its reinsurance segment, Aspen Re, has appointed Philip Hough as managing director, Asia Pacific. Hough will be based in Singapore and will report to Aspen Re Chief Executive...

PartnerRe Taps Willis Re’s Beedle to Head Asia-Pacific

Sep 13 2016 // James Beedle will be appointed to the position of head of Asia-Pacific and CEO of Partner Reinsurance Asia Pte. Ltd. to head up PartnerRe’s business operations in that region.Subject to regulatory approval, Beedle...

Greenlight Re Expanding into Europe, Asia with New Partnership

Sep 9 2016 // Greenlight Capital Re Ltd., the reinsurer that counts on hedge fund manager David Einhorn to oversee its investment portfolio, reached a deal to expand in Europe and Asia as the company seeks to improve underwriting.The...

Elderly Healthcare in APAC to Cost $20 Trillion-Plus over Next 15 Years: Marsh

Aug 31 2016 // Elderly healthcare in the Asia Pacific region will cost more than US$20 trillion between 2015 and 2030, according to a report published by Marsh & McLennan Cos.The report titled “Advancing into the Golden Years...

UK’s Aviva to Hire JPMorgan’s Singh to Head Global M&A, Source Says

Aug 30 2016 // Aviva Plc hired Chetan Singh, a managing director at JPMorgan Chase & Co., to head its mergers and acquisitions globally as the British insurer scouts for deals outside its home market.Singh, who led dealmaking for...

Asian Regulatory Changes Could Hike Demand for Local Reinsurance: Fitch

Aug 30 2016 // Various regulatory initiatives in Asian markets could lead to greater demand for local reinsurance capacity as direct insurers rethink risk management strategies and appetite, according to a report published by Fitch...

Marsh & McLennan Launches Asia Pacific Risk Center in Singapore

Aug 25 2016 // Marsh & McLennan Cos. and the Singapore Economic Development Board (EDB) announced the launch of the Asia Pacific Risk Center (APRC) in Singapore, which aims to analyze key risks facing industries and governments in...

XL Catlin Names Chow as Senior U/W, Political Risk & Trade Credit, Asia Pacific

Aug 25 2016 // XL Catlin’s insurance operations announced the appointment of Bonnie Chow as senior underwriter, Political Risk and Trade Credit insurance for Asia Pacific. She will be based in Sydney.Chow has over 20 years’...

Willis Re Taps Aon’s McDowell to Lead Bermuda Unit; Harden as APAC President

Aug 23 2016 // Willis Re announced the appointment of Chris McDowell as CEO of Willis Re Bermuda. Effective Jan. 1, 2017, he will succeed Michael Harden, CEO of Willis Re Bermuda since 2014, who is returning to the Asia Pacific region as...

Zurich Insurance (Hong Kong) Appoints Chiu as Head of Global Corporate Division

Aug 19 2016 // Zurich Insurance (Hong Kong) has appointed Philip Chiu as the head of its Global Corporate Division, in a move from his previous position as Zurich’s head of Financial Lines in Asia.He will directly report to Keith...

Sompo Canopius Names Catlin’s Newman as CEO of APAC & MENA

Aug 18 2016 // Sompo Canopius has appointed Mark Newman as chief executive officer Sompo Canopius Asia Pacific, Middle East and North Africa. He is based in the Singapore office, reporting to Mike Duffy, chief underwriting officer.Newman...

Allianz, AXA Bid for Rights to Sell Products via StanChart Outlets in Asia: Sources

Aug 18 2016 // Allianz SE, Europe’s biggest insurer, and France’s AXA SA were among first-round bidders for the rights to distribute general insurance products through Standard Chartered Plc outlets in Asia, according to...

Allianz Group’s AGCS Names Property, Engineering & Risk Consulting Senior Leaders

Aug 15 2016 // Allianz Global Corporate & Specialty SE (AGCS) has announced senior underwriting appointments in property and engineering as well as risk consulting.Thierry Portevin will take over the role of global head of Property...

ArgoGlobal Buys Renewal Rights to Allied World’s Marine Hull Business in Asia

Aug 15 2016 // ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced it has acquired the renewal rights for Allied World’s marine hull business in Asia. The transaction completed on August 5.“I am very...