Latest Asia Headlines

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

Jardine Lloyd Thompson Announces Senior Employee Benefit Appointments

Jan 30 2015 // London-based Jardine Lloyd Thompson Group plc announced several senior management appointments within its UK Employee Benefits business and JLT Asia. These appointments are subject to obtaining the appropriate regulatory...

Asia’s Top-Performing Hedge Fund Bullish About China Insurers

Jan 27 2015 // Asia’s top-performing hedge fund is holding on to yuan shares of Chinese insurance and utilities companies, even after the Shanghai Composite Index surged 53 percent in 2014.Monetary easing in China will help bolster...

AXA ART Announces New Global Organizational Structure

Jan 16 2015 // As part of its ongoing efforts to expand into new markets and bolster effective delivery of innovative product and service offerings to clients around the world, AXA ART announced it has structured its global operating...

Lowest Insured Losses since 2009: Impact Forecasting Climate and Cat Report

Jan 13 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has released its Annual Global Climate and Catastrophe Report, which evaluates the impact of the natural disaster events that occurred worldwide...

PartnerRe Establishes PartnerRe Asia

Jan 9 2015 // Partner Reinsurance Asia Pte. Ltd., a wholly owned subsidiary of PartnerRe Ltd., has been licensed by the Monetary Authority of Singapore to operate as a non-life and life reinsurer, capitalized in Singapore, according to...

France Sends Expert Search Team to Air Asia Jet Crash Scene

Jan 2 2015 // France’s BEA crash investigation agency said a specialist black box search team and equipment arrived on Friday at the search area for the Indonesia AirAsia flight which crashed on Sunday en route from Indonesia to...

Crowded Skies in Southeast Asia Put Stress on Pilots, Air Traffic Controllers

Dec 31 2014 // The sheer volume of flights in the skies over Southeast Asia is putting pressure on outdated air traffic control and on pilots to take risky unilateral action in crises such as that possibly faced by AirAsia Flight...

Indonesia, Malaysia, Thailand, Sri Lanka Hit by Heavy Rains, Floods: AIR

Dec 30 2014 // According to catastrophe modeling firm AIR Worldwide, the rains of the past week across Southeast Asia have been much higher than average, even for a period during which Southeast Asian countries normally experience heavy...

After 4 Air Crashes, 2014 Is One of Worst Years for Asian Aviation Industry

Dec 29 2014 // Four airline incidents in which more than 600 people died made 2014 one of the worst years for Asian aviation even before the disappearance of AirAsia Bhd. QZ8501.The unresolved disappearance of Malaysian Airline System...

Berkshire Hathaway Specialty Insurance Enters Singapore, Names Key Leaders

Dec 8 2014 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has received its non-life insurance license in Singapore, and named Marc Breuil as regional president, Marcus Portbury as head of third party lines, and Peter...

Maritime Security Guards Adapt to Decline in Somali Pirate Attacks

Dec 4 2014 // Cash-strapped maritime security firms are being forced to use fewer costly elite guards and to diversify into other businesses such as cyber security, as a steep decline in Somali pirate attacks and hotter competition...

A.M. Best: Asia-Pacific M&As Driven by Top-Line Growth Prospects

Dec 3 2014 // The Asia-Pacific region has been a popular destination for mergers and acquisitions, driven by top-line growth prospects for many still-developing markets with low insurance penetration, according to a Best’s Special...

ACE Names Waterford as Deputy Head of Accident & Health in Asia Pacific

Nov 25 2014 // ACE Group announced the appointment of Blain Waterford to the newly created role of vice president & deputy head of its accident & health business in Asia Pacific. In his new capacity, Waterford will head direct...

Utah Woman Wears Colander For Driver’s License Photo

Nov 19 2014 // A Utah woman says she encountered only brief resistance when she recently had her driver’s license photo taken while wearing a colander on her head as a religious statement.Asia Lemmon, whose legal name appears on...

Taiwan’s Cathay Life Acquires Asset Manager, Research Firm Conning

Nov 12 2014 // Cathay Life Insurance Co. of Taiwan has acquired insurance industry investment and asset manager and research firm Conning Holdings Corp. of Hartford, Conn. and all of its subsidiaries.Under the terms of the agreement,...

‘Darkhotel’ Malware Targets Guests at High-End Hotels in Asia, Report Says

Nov 11 2014 // Business executives traveling in Asia and elsewhere have become victims of malware called Darkhotel, a bug that targets guests of high-end hotels through their networks, a computer-security firm said.The bug invades...

Aviva New Business Growth Driven by Europe and Asia Operations

Oct 30 2014 // Aviva plc, the U.K.’s second-biggest insurer by market value, reported a 15 percent rise in new business in the first nine months of the year, driven by its European and Asian operations.The value of new business, a...

Pirate Attacks on Small Oil Tankers Rising in Southeast Asia Waters

Oct 29 2014 // Hijackings of small oil tankers by armed gangs are increasing in Southeast Asia, home to the shortest sea-trade route between the Middle East and China, even as pirate attacks globally fell for a third year.Five of the six...

Ler Appointed President Director for ACE in Indonesia

Oct 27 2014 // ACE Group has appointed Edward Ler as the new president director for Indonesia’s general insurance business. He will report to Juan Luis Ortega, regional president for ACE in Asia Pacific. Ler is currently the...

Hardy Promotes Wright in Asia; Hires Bond and Osorio in London

Oct 21 2014 // Hardy Underwriting Asia Pte Ltd (Hardy Asia), a subsidiary of CNA Financial Corporation, has promoted Chris Wright as director and principal officer for Hardy Asia. (Hardy is a specialist underwriting business operating...