Latest Asia Headlines

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

Typhoon Muifa Takes Aim at Asia’s Largest Port of Shanghai

Sep 12 2022 // Asia’s largest container shipping hub may face another major storm as Typhoon Muifa bears down on Shanghai and nearby Ningbo.The US Joint Typhoon Warning Center projects the typhoon’s path will hit the ports on...

Asian Insurer FWD Eyes Hong Kong IPO in 2023: Sources

Sep 7 2022 // FWD Group Holdings Ltd., the Asian insurer backed by billionaire Richard Li, is weighing 2023 as a new target for its long-awaited Hong Kong initial public offering, according to people familiar with the matter.FWD, which...

BHSI Hires Liberty Specialty’s Ferrari as Head of Transactional Liability in Australasia; AM Best Appoints Curtis for Market Development, Asia-Pacific Region

Aug 3 2022 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance and AM Best.A summary of these new hires follows here. BHSI Hires Liberty Specialty’s Ferrari as Head of...

People Moves: BHSI Names Guinea to Customer Post in Spain; Catalina Appoints New CEOs in Asia and U.S.

Jul 11 2022 // BHSI Names Guinea to Customer Engagement Post in SpainBerkshire Hathaway Specialty Insurance (BHSI) announced that Eduardo Guinea has joined the organization as head of customer and broker engagement in Spain. He will be...

People Moves: Chubb Global Markets Promotes Kirk to Head of Marine; WTW Hires PwC’s Tahir Thomson for Risk & Capital Mgmt.; BMS Names 4 Senior Leaders in Asia

Jul 7 2022 // This edition of International People Moves details appointments at Chubb Global Markets and two brokers, Willis Towers Watson (WTW) and BMS.A summary of the new hires follows here. Chubb Global Markets Promotes Kirk to...

People Moves: Verisk Promotes Rayner to President of Specialty Business Solutions; Munich Re Appoints 2 Senior Leaders for Singapore and SE Asia

Jul 1 2022 // This edition of International People Moves details appointments at Verisk and Munich Re.A summary of these new hires follows here. Verisk Promotes Rayner to President of Specialty Business SolutionsVerisk, the global data...

People Moves: WTW Asia Hires Aon’s Tilney, Promotes Nassaouati; DUAL Europe Names Allianz’s Wijchman as Commercial Dir.; Liberty GTS Promotes Lee as APAC Mgr.

Jun 15 2022 // This edition of International People Moves details appointments at Willis Towers Watson (WTW), MGA Dual, and Liberty Global Transaction Solutions.A summary of these new hires follows here. WTW Asia Hires Aon’s...

People Moves: Guy Carpenter Names N. America GC Access Exec Team; Marsh Promotes Perry for Political Risk & Structured Credit; WTW’s Hodgkinson to Join BMS Asia

May 23 2022 // This edition of International People Moves details appointments at three brokers: Guy Carpenter, Marsh and BMS.A summary of these new hires follows here. Guy Carpenter Announces GC Access Leadership in North...

People Moves: NFP Names New Exec Team in Canada; Acrisure Re Hires WTW’s Ainsby to Lead New Asia Fac Unit; Howden Sweden Taps WTW’s Gustafsson as CEO

May 20 2022 // This edition of International People Moves details appointments at three brokers: NFP, Acrisure Re and Howden Sweden.A summary of these new hires follows here. NFP Names New Exec Team in CanadaNFP, the New York City-based...

India’s ONGC Struggles to Ship Russian Oil to Asia as Sanctions Bite: Sources

Apr 28 2022 // India’s Oil and Natural Gas Corp. (ONGC) is struggling to find a vessel to ship 700,000 barrels of crude from Russia’s Far East, in a growing sign that complex trades involving one of Moscow’s biggest...

People Moves: WTW Names Aon’s Day as Head of Int’l Property; TMK Hires Spyropoulos From Lloyd’s as Asia Regional MD; HDI Global Mexico Makes Management Changes

Apr 7 2022 // This edition of International People Moves details appointments at Willis Towers Watson (WTW), Tokio Marine Kiln (TMK), and HDI Global.A summary of these new hires follows here. WTW Names Aon’s Day as Head of...

Chubb Buys Renewal Rights of DUAL Asia’s Financial Lines Portfolio

Mar 30 2022 // Chubb announced the completion of the agreement for the transfer of renewal rights of DUAL Asia’s financial lines portfolios in Hong Kong and Singapore.Chubb will be purchasing the business assets including the...

People Moves: Latitude Brokers Names Cannock Managing Director, Singapore; Howden M&A Bolsters Asia Pacific Team; Markel Int’l Bolsters Media/Entertainment Team

Mar 14 2022 // This edition of International People Moves details appointments at Latitude Brokers, Howden M&A in Asia Pacific, and Markel International.A summary of these new hires follows here. Latitude Brokers Names Cannock...

AIA Group Agrees to Buy Bank of East Asia’s Non-Life Insurance Businesses for $278M

Mar 7 2022 // Bank of East Asia (BEA) said late on Friday it has agreed to sell its non-life insurance and healthcare services businesses to a unit of AIA Group Ltd. for an aggregate HK$2.168 billion ($278 million).BEA agreed to sell...

Virginia School Board to Appeal Judge’s Ruling Blocking Elite School’s Admissions Policy

Feb 28 2022 // A federal judge ruled Friday that a Virginia school system illegally discriminated against Asian Americans when it overhauled the admissions policies at an elite public school.The ruling from U.S. District Judge Claude...

HDI Global Restructures Asia-Pacific Operations, Simplifying Reporting Structures

Feb 17 2022 // Industrial insurer HDI Global SE has restructured its Asia Pacific operations in a move designed to simplify reporting structures in the region and strengthen its offering for customers and business partners.The reform of...

AXA Completes Sale of Singapore Business to HSBC

Feb 11 2022 // AXA announced it has completed the sale of its Singapore operations to HSBC for US$529 million.HSBC Insurance (Asia Pacific) Holdings Ltd., an indirect wholly-owned subsidiary of HSBC Holdings plc, completed the...

Natural Disasters Cost Insurers $116B in 2021, or 63% Higher Than Average: Gallagher Re

Feb 4 2022 // Insured losses from major natural catastrophes in 2021 – excluding COVID-related losses – have so far reached an estimated US$116 billion, the third largest total since 2011, and about 63% higher than the average loss...

Asian Insurer FWD Group Raises $200M in Pre-IPO Funding: Sources

Jan 19 2022 // Asian insurer FWD Group has raised $200 million in new funding ahead of its planned Hong Kong initial public offering (IPO), according to two sources with direct knowledge of the matter.The sources could not be named as...

MS Amlin Launches 2nd Asia-Focused Special Purpose Reinsurance Vehicle for ILS

Jan 6 2022 // MS Amlin Underwriting Ltd. (MS AUL), the Lloyd’s global specialty re/insurer, announced its Singapore-based operation has launched its second local special purpose reinsurance vehicle (SPRV).Called Phoenix 2 Re Pte....