Following a competitive tender Allianz and Standard Chartered have agreed a 15 year five country general insurance bancassurance partnership in Asia.
The coming year looks set to be an exciting but challenging one for general insurers in Asia as strong growth continues in many markets across the region writes Nicky Burridge.
Aldrin Wong, previously senior vice president of major and complex loss, has been promoted to CEO Malaysia at global loss adjuster Cunningham Lindsey.
Insured losses from yesterday's 6.5 magnitude earthquake in Indonesia are not expected to be significant according to catastrophe firm AIR Worldwide.
In the last financial year Australian-headquartered insurer IAG grew its gross written premiums in Asia, outside of China, 7.5% to A$757m (£582m).
Experts agree there are a host of insurance opportunities across Asean's fast growing markets.
Chubb's vice president and deputy Asia-Pacific head of personal business Tai-Kuan Ly has been appointed president director, general insurance in Indonesia.
Investment firm BP Marsh & Partners has acquired a 20% stake in Singapore-headquartered Asia Reinsurance Brokers for S$2.4m (£1.2m).
Axa's property and casualty gross written premiums in Asia exceeded €1bn (£789m) in 2015 for the first time.
Australian insurance giant QBE saw rates softening on average 3.4% in Asia-Pacific (excluding Australia and New Zealand) in 2015 as competition intensified across the region.
Australian giant IAG is still counting the cost of the 2011 Christchurch earthquake and announced a 19.5% fall in profits for the first half of the 2015/16 financial year.
Zurich's general insurance division has taken corrective steps over the last year in Asia-Pacific to concentrate on more profitable growth.
Swiss Re is predicting robust growth across Asia for general insurance over 2016 and 2017 despite economic headwinds.
At least seven people have died after multiple bomb blasts in central Jakarta.
Juan Luis Ortega, Asia-Pacific president at Ace, will lead the merged entities of Ace and Chubb in the region.
According to catastrophe modeling company JBA Risk Management population increases in four major Asia cities will lead to a large rise in flood risk exposure.
Ageas CEO Bart de Smet has said the insurer is interested in expanding in Asia's less developed markets.
At least 20 people have died and over 100 have been injured following a bomb explosion yesterday in central Bangkok.
Wreckage has been spotted in the Indonesian mountain province of Papua after a plane carrying 54 people went missing.
Allianz's Asia-Pacific property and casualty division saw gross written premiums increase to €869m (£619m) in the first half up 26% from €688m last year.
Aviva and telematics company the Floow are among 31 UK business leaders chosen to accompany Prime Minister David Cameron on a trip to South East Asia this week to promote the UK's financial technology sector.
Willis has appointed Miller's head of Asia Simon Weaver as CEO of its Singapore office and regional CEO for South East Asia.
Insurers see high growth potential in several large countries across Asia but caution is needed. Nicky Burridge explains.
Axa is expanding its investments in China, Hong Kong and Singapore as it targets 100 million customers by 2030.