All the headlines from our Asia Topic Page, ordered by recency.
May 2 2016 // American International Group is offering for sale about $1.2 billion worth of shares in China’s PICC Property and Casualty Co. Ltd. (PICC P&C) in a block deal, IFR said on Saturday, citing a term sheet of the...
May 2 2016 // XL Catlin’s insurance operations announced that Carrie Huang has been promoted to the position of Asia underwriting manager for War, Terrorism and Political Violence.Based in Singapore, she will be responsible for...
Apr 28 2016 // Willis Towers Watson has appointed Vincent Lien as managing director of Hong Kong for Willis Capital Markets & Advisory (WCMA), the firm’s investment banking business.Reporting to WCMA co-CEOs, Michael Guo and...
Apr 28 2016 // PERILS, the Zurich-based independent organization providing industry-wide catastrophe insurance data, announced it has joined the Singapore-based Natural Catastrophe Data and Analytics Exchange (NatCatDAX) Alliance, which...
Apr 19 2016 // XL Catlin’s insurance segment has appointed David Guest as country manager for Singapore. In this role, he is responsible for the development and growth of XL Catlin’s insurance business in Singapore, in...
Apr 15 2016 // Newline Group, part of Odyssey Re Holdings Corp., announced appointments to its leadership team based in Singapore.Rachel Flynn has been named the principal officer for Newline Asia and Susan Chew has been appointed chief...
Mar 28 2016 // Chubb has appointed Darren Cantas its head of Risk Engineering for Property and Casualty in Asia Pacific.He will continue to lead the region’s P&C Risk Engineering Services team, comprising 32 risk engineers...
Mar 21 2016 // Car sharing usage will significantly increase, particularly in urban areas among young residents, however most consumers will still opt to own their own cars and car sharing will not significantly hurt car sales, according...
Mar 18 2016 // Lloyd’s announced the appointment of Shankar Garigiparthy as country manager for India. In this new role Garigiparthy will be responsible for market development, representing Lloyd’s in discussions with...
Mar 16 2016 // A printer error first tipped off Bangladesh’s central bank to one of the biggest cyber heists in recent history, according to a complaint filed to police that provided new details on the attempted theft of nearly $1...
Mar 10 2016 // XL Catlin has introduced “Active Assailant” coverage to its crisis management product suite to respond to the threat of physical attack faced by businesses and public service providers.“Active Assailant...
Mar 9 2016 // Ironshore International announces that James W. Hill has been named underwriting manager of Terrorism, Political Violence and War for the Asia Pacific region.Hill, who joins Ironshore from Willis Ltd., will be based in...
Mar 2 2016 // Berkshire Hathaway Specialty Insurance Co. (BHSI) has introduced Professional First™ Asset Management Liability Insurance for mutual funds, alternative funds and asset managers in the Asian market.BHSI describes the...
Mar 1 2016 // Zurich Insurance has appointed Hervé Marguin as chief underwriting officer (CUO), General Insurance, Asia Pacific, effective immediately.Marguin will report to Stuart A. Spencer, chief executive officer, General...
Feb 29 2016 // Chubb has appointed for the Asia Pacific region Christine Aldrich as its marine cargo underwriting manager and Callum Clark as marine hull underwriting manager.Both Aldrich and Clark will report to Anthony O’Brien,...
Feb 25 2016 // AXA SA, France’s largest insurer, said 2015 profit rose 12 percent, helped by higher life insurance sales in Europe and Asia. The shares rose.Net income climbed to 5.62 billion euros ($6.2 billion) from 5.02 billion...
Feb 25 2016 // AIA Group Ltd., the third-largest Asia-based insurer by market value, posted a 22 percent decline in full-year profit as weaker regional currencies and stock-market gyrations detracted from business growth.The insurance...
Feb 24 2016 // Europe’s largest insurer Allianz has put its South Korean life insurance business on the block as part of a global overhaul in a tough low-interest rate environment, sources with direct knowledge of the matter...
Feb 24 2016 // Zurich Insurance is exploring a sale of its Hong Kong and Singapore operations as it reviews its non-core businesses outside Europe, sources familiar with the matter said.The Swiss insurer has discussed the plan with...
Feb 19 2016 // Allianz SE, AXA SA and Sompo Japan Nipponkoa Holdings Inc. made final bids for the rights to distribute their general insurance products through CIMB Group Holdings Bhd.’s branches across Asia, people with knowledge...