All the headlines from our Asia Topic Page, ordered by recency.
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...
Feb 10 2016 // January winter weather cost more than $4.0 billion of economic impact in the United States and Asia, according to Impact Forecasting, Aon Benfield’s catastrophe model development team, which evaluates the impact of...
Feb 5 2016 // China’s biggest industrial companies want to buy insurers in 2016 as they seek to grow outside Asia as the domestic economy slows and falling insurance rates prompt more firms to do deals, according to Willis Towers...
Feb 1 2016 // Financial services salaries are set to rise by 4.3 percent in both Asia and Latin America this year, almost double the average increase forecast for North America and Europe, research published on Monday showed.A survey by...
Jan 28 2016 // The competition for attractive assets will intensify in the next three years as the majority of insurers (82 percent) plan to acquire, while only one-third intend to divest, according to a survey of senior insurance...
Jan 21 2016 // A.M. Best announced the appointment of Jose Ribeiro as managing director – Asia-Pacific, and James Sutherland as commercial director – Asia-Pacific.As managing director, Asia-Pacific, Ribeiro will be responsible for...
Jan 14 2016 // Ironshore International announced its subsidiary, Pembroke Managing Agency, will establish an office in Shanghai in January 2016 as part of the Lloyd’s China platform.Pembroke Managing Agency will underwrite...
Dec 30 2015 // Tokio Marine Kiln (TMK), the provider of specialist and corporate insurance, has appointed Paul Dreblow as head of Corporate and Commercial Property in its London office.The newly created position will see Dreblow...
Dec 28 2015 // ACE Group announced the future commercial property & casualty leadership team for the new Chubb Group in Asia Pacific. These appointments will take effect upon completion of the acquisition of Chubb, which is expected...
Dec 21 2015 // Global consulting and actuarial firm Milliman, Inc. has announced the availability of two new reports detailing embedded value (EV) results for 32 major insurance companies in Europe and Japan and 14 major insurance...
Dec 17 2015 // Allied World Assurance Company Holdings, AG announced that Tim Cooke has been appointed Vice President, Regional Head of Marine, based in Hong Kong. He will report to Bart Grefe, Senior Vice President, Head of Marine,...
Dec 9 2015 // Allied World Global Markets has introduced enhanced coverage options for hospitals and other healthcare organizations in the UK, Asia and Australia.“The healthcare landscape is becoming increasingly complex,”...
Dec 9 2015 // Berkshire Hathaway Specialty Insurance Company (BHSI) announced that it is entering the Surety market in Asia and has appointed Andrew Ho as Vice President, Head of Surety, Asia, based in Singapore.“Our expansion...
Dec 8 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has issued the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of natural disaster events that occurred...
Dec 1 2015 // Shanghai Asian Insurance Brokers Co. Ltd. (SAIB) has been registered as the first Chinese Lloyd’s registered broker.Based in Shanghai, SAIB specializes in liability insurance, special risk insurance and reinsurance,...
Nov 30 2015 // ACE Ltd. announced the future claims leadership team it will appoint for the new Chubb Group’s Overseas General Insurance division. The leadership appointments will take effect upon completion of the acquisition of...
Nov 23 2015 // ACE Ltd. announced the senior leadership team it intends to appoint for the new Chubb Group’s Overseas General Insurance division. This division comprises two major businesses: one with distribution through retail...