News
Manslaughter charges over Lamma Island ferry accident
The captains of the two vessels which collided off Lamma Island in Hong Kong on 1 October have been charged with manslaughter.
Indian regulator weary of fake insurers
The Insurance Regulatory and Development Authority in India has warned the general public to be careful of logistic services providers selling insurance illegally.
Taiwan warns citizens to delay trips to South Korea
Taiwan's foreign ministry has asked its citizens to delay trips to South Korea for business, holidays and education.
Andrew Jones appointed CEO of Thomas Miller for Asia-Pacific
Andrew Jones has been appointed CEO of Thomas Miller (Asia-Pacific) from the beginning of April.
Allianz & Covéa win RSA subrogation appeal decision
Allianz and Covéa have been handed the right to appeal last year’s High Court RSA subrogation verdict.
Croatia to invite bids for state-owned insurer
The Croatian government is gearing up to privatize the country's biggest insurance company and seventh biggest bank, according to reports.
Brokerslink launches employee benefits practice group
International broking network Brokerslink launched a a Global Employee Benefits Practice Group on Thursday.
MGAA begins chief exec hunt
Managing General Agents’ Association chairman Reg Brown is hoping to install a new, full-time chief executive at the industry body by February next year.
QBE acquires HSBC's Macau GI business
HSBC Insurance (Asia) has entered into an agreement to dispose of its general insurance business in Macau to QBE Insurance (International) as the bank continues to sell insurance businesses in Asia.
CCV expands with two acquisitions
Cullum Capital Ventures, part of the Towergate Insurance Group, has acquired Morgan Brokers and its subsidiary company M Wood Insurance Services, as well as Newbold Barwick Associates.
Couple who funded luxury lifestyle through ghost broking are jailed
A couple who funded a jet-set lifestyle having failed to pay tax on £920 000 of earnings pocketed as ghost brokers have been slapped with custodial sentences.
Aviva commercial director Thornton to join Lloyds Banking Group
Lloyds Banking Group has appointed Aviva commercial director Craig Thornton to the role of general insurance director.
Warren Merritt joins Lockton in Australia
Lockton has recruited the former Asia CEO of Jardine Lloyd Thompson Warren Merritt to join its Australian operation.
Teesside-based broker makes triple hire ahead of commercial push
Henderson Insurance Brokers has made a trio of appointments, in a bid to further boost its commercial division.
Turkish insurance sector to receive investment boost
Asian and European investors will focus on Turkey's insurance sector in 2013, particularly as a result of government incentives offered in private pension plans, according to Ernst & Young.
Broker Network adds two to insurer relations team
Towergate-owned Broker Network and Countrywide has grown its insurer relations team with the addition of Axa’s Dave Wilkins alongside an internal promotion.
Brokers Link hires employee benefits expert to head up new practice group
Broking network Brokers Link has launched a global employee benefits practice group and appointed Gerard Baltazar as its first chairman.
Insurance industry advised to act now or be left behind amid PI change
A personal injury law firm has challenged the insurance industry players to act swiftly in response to changes in PI law while the market is still sorting itself out, or risk losing ground to their competitors.
Swiss Re increases dividend as Francis joins board
Shareholders Swiss Re shareholders have approved an increase in the regular dividend from CHF3.00 to CHF3.50 per share as well as an additional special dividend of CHF4.00 per share.
Flood: A Dutch Obligation
For the first time in decades Dutch citizens can purchase flood insurance but should the product be compulsory? Francesca Nyman explains.
Four Japanese carmakers recall 3.4m vehicles
Toyota, Nissan, Honda and Mazda caught out by auto parts maker Takata which supplied potentially faulty airbags.
First Myanmar private insurers to launch in June
12 private insurers who won government licenses last year will start operations in June in Myanmar, the first time private insurers have been allowed to trade in the country.
South Korea blames cyber attack on North Korea as tensions mount
South Korea says cyber attack on broadcasters and banks in March was cyber warfare from a military spy agency in North Korea, as North Korea readies rockets.
Ping An to buy Lloyd's building in London
Commerzbank is set to sell the iconic building after almost eight years of ownership to the Chinese insurer.