Latest Asia Headlines

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

Swiss Re-Backed Insurer FWD Eyes China Expansion Ahead of Potential IPO

Jul 31 2019 // Fast-growing insurer FWD is seeking to launch operations in China ahead of any public offering and plans to bolster its non-life business in Asia, its chief executive said, as a potential shake-up looms in the...

Chubb Names Kopp Head of A&H for APAC, Nisbet Appointed Thailand Country President

Jul 30 2019 // Chubb announced two leadership appointments for the company’s Asia Pacific business, which are effective from Oct. 1, 2019.Edward Kopp, currently country president of Chubb’s general insurance business in...

Brokerslink Bolsters Presence in Asia with Addition of 3 New Affiliates

Jul 8 2019 // Global broking business Brokerslink has bolstered its presence in Asia with the addition of three new affiliates in the region.South Korean LK Insurance Services, Malaysia-based State Insurance Services and John Foord in...

Asia Market Drives Global Insurance Premiums Past $5 Trillion in 2018: Swiss Re

Jul 8 2019 // Carriers’ expansion in Asia helped push global insurance premiums past the $5 trillion mark for the first time in 2018, Swiss Re said in its latest sigma report.That growth came generally from property/casualty...

Higginbotham Named Swiss Re’s CEO Reinsurance Asia, Replacing Plunkett

Jun 27 2019 // Swiss Re announced that Russell Higginbotham has been appointed CEO Reinsurance Asia and regional president, effective July 8, 2019, and subject to necessary regulatory approvals. He is succeeding Jayne Plunkett, who has...

Tokio Marine Looking for Insurance Acquisitions in Asia, Other Markets

Jun 25 2019 // Tokio Marine Holdings Inc. is seeking acquisition opportunities in Asian emerging markets and elsewhere as it seeks to double profits from those regions, according to the new chief of Japan’s largest...

AXIS Re Hires Hands from CNA Hardy as Head of Australia

Jun 24 2019 // AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd. announced the expansion of AXIS Re Strategic Partners with the hiring of Robert Hands as a strategic account executive and head of Australia.In this...

Oil Shippers Continue Sailing Through Strait of Hormuz – with Heightened Security

Jun 21 2019 // A series of attacks on oil tankers near the Persian Gulf has ratcheted up tensions between the U.S. and Iran – and raised fears over the safety of one of Asia’s most vital energy trade routes, where about a fifth...

Cold War Era Satellite Images Reveal Acceleration of Asian Glacier Melt

Jun 20 2019 // Himalayan glacier melt has doubled over the last 40 years, according to new research made possible by declassified cold war era satellite imagery.The 650 glaciers under study in parts of China, India, Bhutan and Nepal were...

Motorbike Taxi Firms to Offer E-payment, Insurance Services in West Africa

Jun 12 2019 // Motorcycle taxi companies are expanding in West Africa with backing from investors betting that the meteoric rise of two-wheeled taxi firms in Asia can be replicated in some of the fastest growing countries in the...

WTW Taps Nat Re’s Hidalgo as Head of Capital Science and Policy in Southeast Asia

Jun 6 2019 // Willis Towers Watson announced the appointment of Augusto Hidalgo as head of Capital, Science and Policy (CSP) in Southeast Asia.Based in Manila, Philippines, Hidalgo brings a wealth of knowledge, experience and expertise...

Thailand Intensifies Efforts to Stop ‘Pig Ebola’ from Crossing Border

May 20 2019 // Thailand, one of Asia’s top pork producers, is intensifying efforts to hold off a lethal pig virus that’s causing havoc as it spreads across the region.African swine fever — a disease that kills nearly...

Oil, Gas Shippers Brace for Rise in Insurance Premiums After Saudi Ship Attacks

May 16 2019 // Asian shippers and refiners have put ships heading to the Middle East on alert and are expecting a possible rise in marine insurance premiums after recent attacks on Saudi oil tankers and pipeline facilities, industry...

Customers of Florida Spa in Kraft Case File Class Action Suit Against Police

Apr 24 2019 // Nearly three dozen men and women have filed a federal class-action lawsuit accusing Florida authorities of unlawfully videotaping them as they received legal massages at a parlor where New England Patriots owner Robert...

Munich Re Syndicate Singapore Partners with Lloyd’s Coverholder Nectar Specialty Risk

Apr 18 2019 // Munich Re Syndicate Singapore (MRSS) has formed a partnership with Nectar Specialty Risk Pte Ltd. (Nectar), a Singapore incorporated limited liability company and Lloyd’s coverholder that provides tailor-made...

Foreign Insurers Eye China’s $1.6 Trillion Private Pension Business

Apr 12 2019 // Foreign insurers including Generali and Prudential Plc are in early talks with authorities to enter China’s private pensions sector, people with knowledge of the matter said, as Beijing opens up to overseas...

BHSI Offers Transactional Liability in Asia/Middle East; Pembroke’s Harwood Leads Team

Apr 8 2019 // Berkshire Hathaway Specialty Insurance Co. (BHSI) announced that it has begun offering transactional liability insurance through its Asia and Middle East (AME) regions and appointed Steven Harwood as the head of...

Swiss Re-Backed FWD in Talks for Biggest-Ever Southeast Asian Insurance Deal

Mar 22 2019 // FWD Group, backed by billionaire Richard Li, has revived talks about a potential acquisition of the life insurance operations of Thailand’s Siam Commercial Bank Pcl after a two-year hiatus.Siam Commercial reached a...

SCOR Global P/C Makes Appointments to Reinsurance, Specialty Insurance Teams

Mar 21 2019 // SCOR Global P&C announced the following reinsurance appointments, effective April 1, 2019: Michel Blanc has been promoted to CEO of Reinsurance, following Jean-Paul Conoscente’s appointment as CEO of SCOR Global...

Italy’s Generali to Seek Acquisitions in Europe, Asia and U.S., Says CEO Donnet

Mar 15 2019 // Italy’s top insurer Generali said it was ready to look around for growth opportunities in Europe, Asia and the U.S. on Thursday and said it was well positioned to achieve the targets it set in November for the years...