Asia
21 Uber drivers arrested in Hong Kong
21 people have been arrested in Hong Kong for driving without insurance and illegally driving a car for hire while working for Uber.
Aon's Rory Moloney on why tackling risk takes the whole company
Rory Moloney, CEO of Aon Global Risk Consulting, explains why helping a company tackle risk in today’s world requires a new way of thinking.
QBE appoints head of negotiated lines for Australia and New Zealand
QBE Australia and New Zealand has appoined Alex Green as head of product – negotiated lines.
Lloyd's insurers join forces to form political risk consortium in Asia
Beazley, Chaucer and Talbot have joined forces to form a political risk consortium in Asia offering increased capacity for a wide range of political and contract frustration risks.
No plans to reopen legal challenge against shuttered North Korean insurer
A long-running legal dispute between North Korea’s state-run insurance firm and a group of reinsurers will not be reopened, even as the insurer’s assets were frozen by the UK government.
Shah to leave JLT Asia
Ronak Shah, regional director of financial lines for Asia at JLT, will soon be leaving the UK-headquartered broker for an international insurer.
London failing to stem reinsurance decline, says LMG
The London market is losing ground as a global centre for reinsurance and faces significant challenges in emerging markets and diversity, according to the London Market Group
Blog: Seven Indian insurtech start-ups to watch in 2017 and beyond
Incisive Insight Insurance Division content director and chair of the Post Digital Insurance Collective Jonathan Swift looks at the burgeoning insurtech scene in India and highlights a few start-ups to keep an eye on.
Claims Conference Hong Kong returns; Asia app launched
The fifth annual Claims Conference Hong Kong returns this week on 18 May at the Harbourview Renaissance.
Chinese firms targeted in global cyber attack
Over 29,000 firms in China and other countries in Asia-Pacific have become victims of the WannaCry global ransomware attack.
Allianz's global P&C profits fall 12.7% in Q1
Munich-headquartered insurer Allianz saw global property and casualty pre-tax profits decline 12.7% to €1.26bn (£1.01bn) in the first quarter of 2017.
Zurich falls to Q1 £105m GI loss in UK after Ogden hit
Global insurer Zurich posted a UK pre-tax loss for general insurance of £105m, which now includes global corporate, in the first quarter of 2017 compared with a profit of £49.6m in Q1 2016.
Willis Towers Watson appoints Houghton in Asia
Global broker consultancy Willis Towers Watson has appointed Matt Houghton as a senior consultant for Asia-Pacific.
Perils estimates Cyclone Debbie costs at A$1.12bn
Zurich-owned catastrophe modeler Perils has estimated the insured property market loss from March's Cyclone Debbie is A$1.12bn.
Markel marine underwriter swaps Sweden for Singapore
Markel International Singapore has recruited a marine underwriter from the specialty insurer's office in Stockholm, Sweden.
Salem replaces Harris at AIG Singapore
Claudia Salem has been promoted to CEO Singapore and head of country operations for South East Asia at global insurer AIG.
Hong Kong Insurance Authority appoints CEO and senior directors
The Hong Kong Commissioner of Insurance John Leung Chi-yan has been appointed as CEO of the incoming Insurance Authority for one year.
Kennedys to merge with US insurance law firm
Kennedys will be merging with US insurance law firm Carroll McNulty & Kull to create a global insurance practice.
Mackinnon and Nanra join ICA's board
The Insurance Council of Australia has appointed two senior members to its board.
Swiss Re's Q1 profits hit by Cyclone Debbie
Swiss Re's first quarter 2017 after tax profits fell 53% compared with Q1 2016 to $656m (£511m) after a $350m hit from Cyclone Debbie.
QBE to apply for European licence outside the UK
Australian giant QBE is planning to apply for a European passporting license outside of the UK as a result of Brexit.
AIG returns to Q1 profit despite poor COR performance
Global P&C and life insurer AIG bounced back to profit in the first quarter of 2017 despite some poor underwriting performances.
Liberty rebrands specialty division following Ironshore purchase
Liberty Mutual Insurance has completed the purchase of Bermuda-headquartered $2.2bn (£1.7bn) gross written premium specialty insurer Ironshore.
New Zealand research report warns households over climate change
A report commissioned by the Deep South National Science Challenge has given a stark warning over the impact of sea level rise for New Zealand's residents and their insurance needs.