Latest Asia Headlines

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

Qatar Reinsurance Report Finds Asian Markets ‘Bustling with Confidence’

Nov 6 2013 // The first Asia Reinsurance Barometer, published by the Qatar Financial Center (QFC) Authority, concludes that the “region’s reinsurance markets are still bustling with confidence, although the outlook on...

Hyperion Insurance Head David Howden on U.S. Expansion by MGA DUAL

Oct 31 2013 // David Howden, the chief executive of the London-based Hyperion Insurance Group, founded the company in 1994, “as a business to take on wholesale products in the international market,” he explained in a...

Munich Re Says China to Remain Centerpiece of Asia Expansion

Oct 25 2013 // Munich Re, the world’s biggest reinsurer, said China will remain its biggest growth market in Asia as it considers countries such as India too unpredictable to step up investment.“Our biggest customers in China...

Members of Aon Benfield’s Analytics Team Explain Cat Models

Oct 18 2013 // “Our remit at Aon Benfield Analytics is really to do the risk quantification part of reinsurance transactions,” said John Moore, the head of International Analytics operations. He’s responsible for...

Swiss Re in Pact with Pacific Century for Asia Life Investment

Oct 16 2013 // Swiss Re announced that it has entered into an agreement with Pacific Century Group to invest up to $425 million in FWD Group, describing it as a confirmation of its “commitment to the High Growth...

Yu Joins Cooper Gay Asia to Develop Treaty Business in Hong Kong & China

Oct 8 2013 // Cooper Gay Asia Pte Ltd, the Asian arm of the global reinsurance and wholesale broker Cooper Gay Swett and Crawford (CGSC), announced the appointment of Julian Yu as Deputy Head of Treaty, Hong Kong, effective October...

Allied World Asia-Pacific Launches Primary Professional Indemnity Coverage

Oct 4 2013 // Allied World Assurance Company Holdings, AG announced that its Asia-Pacific platform has launched “Allied World AgilitySM Primary Professional Indemnity, a new product developed exclusively for the Asia-Pacific...

Aon Benfield Study Finds Continuing Growth in Asia Pacific Region

Sep 24 2013 // Aon Benfield’s annual Evolving Criteria report, which reviews the latest developments in rating agency protocol and impact for the insurance industry in the Asia Pacific region, concludes: “The Asia Pacific...

Ironshore Int’l. Appoints O’Reilly to Underwrite M&A in Singapore

Sep 24 2013 // Ironshore International has appointed Astrid O’Reilly to write Mergers & Acquisitions (M&A) insurance lines, based in its Singapore office. She will oversee Ironshore’s M&A insurance offerings and...

River Floods, Earthquakes are Highest Risk to Urban Areas: Swiss Re Report

Sep 18 2013 // River floods top the list of risks posing dangers to more people than any other natural catastrophe, according to a new Swiss Re report, which “benchmarks” the natural catastrophe risks faced by 1.7 billion...

Collett Joins Willis to Expand Financial Solutions Division in Hong Kong

Sep 5 2013 // Willis Group Holdings announced the appointment of Les Collett to establish a Financial Solutions office in Hong Kong, effective from October 1, 2013. He joins Willis from Standard Bank in Hong Kong where he is currently...

Swiss Re Corporate Solutions Names Kleiterp to Head Asia Pacific

Sep 3 2013 // Swiss Re Corporate Solutions has appointed Fred Kleiterp, a Swiss Re executive, as Head of Asia Pacific. He will move from his current position as Head of Europe, Middle East and Africa (EMEA) in Zurich. He is based in...

Shippers Brace for More Suez Canal Turmoil After Vessel Attack

Sep 3 2013 // An attack by assailants on a container ship in the Suez Canal has heightened risks for merchant shipping using the vital waterway, with further threats considered likely as political turmoil continues in Egypt.On Sunday an...

AIG Names Coory Vice President for Corporate Marketing for Asia Pacific

Aug 28 2013 // American International Group Inc. has appointed Damian Coory to the newly created role of vice president for Corporate Marketing and Communications for Asia Pacific. Coory will report to Christina Pretto, senior vice...

ING Sells South Korean Insurance Unit to Asian Buyout Firm MBK

Aug 26 2013 // ING Groep NV sold its South Korean insurance unit on its second attempt within a year, raising about 1.84 trillion won ($1.7 billion) from MBK Partners Ltd., the Asian buyout firm formed by ex-Carlyle Group executives.MBK...

Allied World Asia-Pacific Launches ‘Side A’ D&O Coverage

Aug 21 2013 // Allied World Assurance Company Holdings, AG announced from its headquarters in Switzerland the launch of its Asia-Pacific platform, “the Executive ForceField product to provide a new level of protection for company...

Hong Kong’s Li to Tap ex-AIA Deputy as New Insurance CEO: Sources

Aug 16 2013 // Hong Kong businessman Richard Li, the youngest son of Asia’s richest man, will appoint a former top executive at AIA Group Ltd as the CEO of his new insurance company, according to people with direct knowledge of the...

Global Economic Outlook Dims as U.S. Recovery Continues: ICC-Ifo Survey

Aug 15 2013 // According to a World Economic Survey (WES) carried out by the Paris-based International Chamber of Commerce (ICC) and the Munich-based economic research institute Ifo, “the world economy has weakened slightly this...

Aon Benfield’s July Cat Report Confirms Canada’s 2nd Billion Dollar Loss

Aug 8 2013 // According to the latest Global Catastrophe Recap report from Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, the “strong thunderstorms” that “brought record...

Tokio Marine Targets Asean for Expansion Abroad: Southeast Asia

Jul 29 2013 // Tokio Marine Holdings Inc., Japan’s second-largest non-life insurer, is seeking to expand in Southeast Asia as Japan’s shrinking population erodes its domestic market.The insurer plans to expand in life...