Asia
Ping An posts 3% rise in net profit
Ping An Insurance (Group) Co. of China posted a 3% rise in its 2012 net profit, the slowest growth in three years, according to the Wall Street Journal.
Pakistan ponders terrorism insurance pool
Pakistan Re is in talks with the Securities Exchange Commission of Pakistan over providing terrorism reinsurance cover.
Where is the diversity?
Nicky Burridge investigates why Hong Kong's insurers and brokers are suffering from a lack of differentiation when it comes to product offerings.
Motor fuels growth in Singapore
In 2012, profits from motor increased by 135% while overall gross written premiums grew over 5%.
Prudential gained 1m more Asian customers in 2012
On the release of its 2012 results, insurer Prudential revealed that it had added over 1m customers across Asia in 2012.
Insurance Insight launches Claims Club Asia
Post's sister title Insurance Insight has launched the Claims Club Asia to support claims professionals across Asia.
China cautious over financial super-regulator
Chinese officials have yet to decide whether to create a new regulator overseeing the insurance, banking and securities sectors.
Top five Asian news stories
The top five Asian news stories from www.insuranceinsight.com over the past seven days.
Insurance Insight launches Claims Club Asia
Insurance Insight has launched the Claims Club Asia to support claims professionals across Asia.
Chartis Hong Kong rebrands
Chartis Hong Kong has rebranded to AIG Hong Kong in line with other rebrands across the global insurer.
Bangladesh encourages foreign investment
Bangladesh is to allow unlimited foreign investment in shares of insurance companies.
Aon launches scenario modeling tool based on past catastrophes
Impact Forecasting, Aon Benfield's catastrophe model developer, has launched scenario models to generate loss estimates for historic and hypothetical disasters.
Premiums in Thailand growing strongly
Thai insurance premiums grew strongly in 2012 and are expected to grow 16% in 2013 to 660bn baht ($22bn), suggesting a rude recovery in the market following the floods in 2011.
Lady Gaga sues syndicates over cancelled gig
Following a cancelled gig in Jakarta last year after threats from an Islamic group, the pop singer Lady Gaga's management team and concert organisers claim their insurers should pay out.
A new chapter for India
With new bancassurance rules for the Indian market expected in August, Neera Bhardwaj asks whether industry stakeholders can reach a consensus, and what the final guidelines are likely to look like.
Yu: 'Hong Kong employee compensation premiums underpriced'
Allan Yu, director of general business, Zurich and a member of the Hong Kong Federation of Insurers governing committee, urges tightening of oversight of personal injury claims.
JLT posts 7% revenue increase in 2012
British broker JLT posted revenues of £880.1m (€1,018.7m) for the full year 2012.
Thousands evacuate homes in Jakarta
As the rainy season nears its end, there is more flood misery for residents of Jakarta this week.
AIA secures bond investment
AIA's first debt offering to refinance an unsecured credit facility following the acquisition of ING Malaysia is well received by the market.
New India launches online service
The internet service from New India Assurance will allow personal policyholders to track claims, link policies and make renewals, in addition to allowing new customers to take out insurance.
Top five Asian news stories
The top five Asian news stories from www.insuranceinsight.com over the past seven days.
JLT increases revenue by 7% and unveils new transformation programme
JLT increased revenue to £880.1m in 2012 with 7% coming from organic growth and 1% through acquisitions. This was offset by 1% foreign exchange movements compared to 2011.
Jakarta braces for more floods
Emergency authorities in Jakarta are preparing for more flooding as water reached very high levels at a major dam.
Amlin returns to profit after £141m Sandy claims
Amlin has posted a pre-tax profit of £262.2m for the year ending 31 December, swinging into profit after a £193m loss in 2011.