Latest Asia Headlines

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

January Weather Cost Global Economy $4 Billion-Plus: Impact Forecasting

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...

Chinese Industrial Firms Will Lead Insurance M&A in 2016, to Grow Beyond Asia

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...

Asian, LatAm Financial Wage Rises Set to Outpace North America, Europe

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...

M&A to Intensify as Insurers Hunt for Top-Line Growth: Willis Towers Watson

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...

A.M. Best Appoints Ribeiro and Sutherland to Its Asia-Pacific Operations

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...

Ironshore International Opens Office in Shanghai; Part of Lloyd’s China Platform

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...

Tokio Marine Kiln Appoints Dreblow as Head of Corporate & Commercial Property

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...

ACE Appoints Future Leadership Team for P&C Business in Asia Pacific

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...

Milliman Report on Europe, Japan, Asia Insurers Sees Increased Embedded Value

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...

Allied World Global Markets Appoints Cooke to Asia Marine Division

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,...

Allied World Enhances Coverage for UK, Asia and Australia Healthcare Organizations

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,”...

Berkshire Hathaway Specialty Enters Asia Surety Market; Ho Named Head

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...

India Floods Top Aon Benfield/Impact Forecasting’s November Cat Recap

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...

Shanghai Asian Insurance Brokers Registered as 1st Chinese Lloyd’s Broker

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,...

ACE Announces Claims Leadership Team for Overseas General Insurance Division

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...

ACE Names Future Leadership Team for Overseas General Insurance Operations

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...

ACE Makes Future Leadership Appointments for APAC Region

Nov 23 2015 // ACE Ltd. announced key leaders it intends to appoint for the Asia Pacific region of the new Chubb Group’s Overseas General Insurance division, which includes Australia, China, Hong Kong, Indonesia, Korea, Macao,...

It’s 2026, There’s a Food Security Crisis- How Does World Respond?

Nov 12 2015 // The year is 2026. Flooding, worsened by climate change, has devastated Bangladesh and driven millions of hungry refugees to its border with India. Worried about unrest and disease, India asks other nations for help.The...

Xchanging Wins 3-Year Services Deal Supporting Lloyd’s Asia Platform

Nov 10 2015 // Xchanging plc, the London-based business technology and services provider, has won a three-year contract to supply insurance services to the Lloyd’s service companies operating from the Lloyd’s Asia platform in...

BHSI Launches D&O & Professional Indemnity Policies in Asia

Nov 2 2015 // Berkshire Hathaway Specialty Insurance Company (BHSI) introduced Executive First™ Directors & Officers (D&O) Liability and Professional First™ Professional Indemnity insurance policies in Asia.“With the...