Latest Asia Headlines

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

QBE Reorganizing to Create Emerging Markets Division for Lat.Am.-Asia Pacific

Jun 16 2014 // Australia’s QBE Insurance Group Limited has announced “a strategic change to ensure its business is positioned for profitable growth.” QBE said that after a review of its organizational structure,...

Verma to Head New Catlin Office in Dubai International Financial Center

Jun 5 2014 // Catlin Group Limited has announced the establishment of Catlin Middle East Limited in the Dubai International Financial Centre (DIFC). Catlin Middle East “offers facultative reinsurance to insurers in the Gulf...

Dryad Maritime Warns of Increases in Southeast Asia Cargo Thefts

Jun 4 2014 // The latest report of a tanker hijack in Southeast Asia has prompted Dryad Maritime to issue an advisory to its shipping clients, based on the supposition that “crime follows a pattern, which has seen up to six such...

The Importance of Having an Integrated Services Solution

Jun 2 2014 // U.S. multinational businesses are increasingly seeking opportunities in new regions of the world, expanding outside of the United States and continental Europe into sub-Saharan Africa, Asia and Latin America. As their...

Cotter to Head New Allied World Office in Sydney, Australia

May 29 2014 // Allied World Assurance Company Holdings, AG announced the opening of a new branch office of Allied World Assurance Company, Ltd in Sydney, Australia “to further expand distribution networks in the Asia Pacific...

Cooper Gay Swett & Crawford Launches 1st MENA Operation in Dubai

May 22 2014 // Global wholesale and reinsurance broker Cooper Gay Swett & Crawford (CGSC) announced that after receiving the requisite approval from the Dubai Financial Services Authority it has launched Cooper Gay (Dubai) Limited, a...

Markel Int’l. Appoints Tidey Assistant Marine Underwriter in Singapore

Apr 21 2014 // Specialist insurer Markel International has appointed Luke Tidey as an assistant marine underwriter in its Singapore office.He joins the team in Singapore from Markel’s Stockholm office where he held the same...

A Tough Sell: Insurance Coverage for a China Financial Crisis

Apr 21 2014 // Selling insurance against a financial crisis should not be difficult five years after the last one nearly wrecked the global economy.But when it comes to China, the world’s second-largest economy, the probability of...

Willis Strengthens Capital Markets Unit in Asia, London

Apr 14 2014 // Willis Group Holdings plc announced two key appointments to further strengthen its capital markets division, Willis Capital Markets & Advisory (WCMA).Rui Huang joins Willis as Senior Vice President. He is based in Hong...

Catlin Establishes General Aviation Consortium at Lloyd’s Asia

Apr 11 2014 // The Catlin Group Limited (CGL) announced from its Singapore, office the formation of the General Aviation Consortium at Lloyd’s Asia to write General Aviation insurance and reinsurance risks based in the Asia-Pacific...

Maersk Sees Alliance of 3 Largest Container Shipping Lines Starting Mid-2014

Mar 24 2014 // An alliance of the world’s top three container shipping firms, which could control more than a third of the market, is likely to start operating in mid-2014, No.1 player Maersk Line said after the tie-up was approved...

Wong to Head ACE Group Asia-Pacific Financial Lines Business in Restructuring

Mar 24 2014 // The ACE Group announced that Stanley Wong will assume the role as the new Regional Head of Financial Lines for Asia Pacific with immediate effect. He has been Financial Lines Manager for Asia since 2008.ACE said Wong...

New York Regains Title As World’s Top Financial Center

Mar 17 2014 // New York replaced London as the world’s leading financial center for the first time, after the U.K. capital was rocked by a series of scandals and questions over the U.K.’s place in the European Union.New York...

Brokerslink Chairman Stresses ASEAN Opportunities for Independent Brokers

Mar 13 2014 // “Independent insurance brokers, attending the Brokerslink Asia Pacific regional conference in Thailand,” have been advised to “grasp with both hands the significant opportunities generated by the...

Confusion as Search for Missing Malaysian Jetliner Spreads across SE Asia

Mar 12 2014 // The search for a missing Malaysia Airlines jetliner expanded on Wednesday to cover a swathe of Southeast Asia, from the South China Sea to India’s territorial waters, with authorities no closer to explaining what...

Rescuers Scour Sea for Malaysian Airliner Lost in ‘Unprecedented Mystery’

Mar 10 2014 // The disappearance of a Malaysian jetliner is an “unprecedented aviation mystery”, a senior official said on Monday, with a massive air and sea search now in its third day failing to find any confirmed trace of...

El Nino Could Strike as Early as Summer Says U.S. Forecaster CPC

Mar 7 2014 // The much-feared El Nino phenomenon, the warming of sea surface temperatures in the Pacific which can trigger drought in Southeast Asia and Australia and floods in South America, could strike the Northern Hemisphere as...

Willis Transport Head Sees Huge Potential in Asian Aerospace, Engineering

Mar 5 2014 // Alastair Swift, Global Head of Transportation for Willis Group Holdings, pointed out that Asia continues to benefit from a period of staggering economic growth and seismic demographic shifts. As a result the region could...

CGSC Restructures Asia Marine Team with New Hires, Latitude Brokers Launch

Mar 4 2014 // Cooper Gay Swett & Crawford (CGSC), the global wholesale and reinsurance broker, announced a repositioning and rebranding of its marine insurance business in Asia.“Effective from 3rd March 2014, Latitude Brokers...

Ratings Roundup: AIG Asia-Pacific, Fuji Fire/AIU

Feb 21 2014 // A.M. Best has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Singapore-based AIG Asia Pacific Insurance Pte. Ltd. (AIG APAC) and its fully-owned...