Asia
Chubb bolsters cyber underwriting team in Asia-Pacific
Global P&C insurer Chubb has made one promotion and relocated another staff member to bolster its Asia-Pacific cyber team.
Axa's Tanguy Touffut on how Big Data is enabling parametric insurance
Big Data and satellite technology are enabling parametric insurance, explains Tanguy Touffut, CEO of Axa Global Parametrics.
The challenges of Cyclone Debbie
Cyclone Debbie was the costliest natural catastrophe to hit Australia for six years, while the scale of the event spurred innovation among insurers writes Nicky Burridge.
Cunningham Lindsey recruits in Australia and promotes in the Middle East
Global loss adjuster Cunningham Lindsey has hired in New South Wales and made a senior promotion in Dubai.
GM Consultant hires in Asia-Pacific
Experienced former broker and underwriter Sue Yen Leow has joined international loss adjuster GM Consultant as business development manager, Asia-Pacific.
MSIG to buy First Capital for £1.25bn
Japanese carrier Mitsui Sumitomo Insurance, part of MS&AD, has acquired Singapore general insurer First Capital for $1.6bn (£1.25bn) from Fairfax Financial.
Nexassure to open specialist MGA in London
Singapore-based MGA Nexassure is set to open a specialist managing general agent in London.
Suncorp's Vero to appeal Tower takeover block
Australian giant Suncorp is appealing a New Zealand Commerce Commission decision to block its takeover bid of rival Tower by its subsidiary Vero.
Hong Kong Observatory hoists typhoon signal 10 as Hato hits
The Hong Kong Observatory has raised typhoon signal 10, increased from signal 9 earlier, as of 9:10am this morning as powerful Typhoon Hato hits the Special Administrative Region.
The cost of Hong Kong's typhoons
A typhoon signal 8 warning can cost Hong Kong's economy as much as HK$4.29bn (£427m) each day writes Swiss Re Corporate Solutions head of north Asia and Hong Kong branch manager Dylan Bryant.
Axa's Drouffe moves to Singapore
Global insurer Axa has appointed Jean Drouffe as CEO Axa Singapore following the promotion of previous Singapore CEO Doina Palici-Chehab.
Chubb appoints Gschossmann in Singapore
Global P&C insurer Chubb has appointed Johannes Gschossmann as head of financial lines in Singapore.
Kwok moves from QBE to XL Catlin in Hong Kong
Alice Kwok has joined XL Catlin from QBE-HKSI in Hong Kong as a marine underwriter.
Liberian oil tanker collides with US navy ship near Singapore
A large Liberian oil vessel, Alnic MC, has collided with a US guided missile destroyer, the USS John S. McCain, near Singapore early this morning while it was still dark.
Snowdon swaps Willis Towers Watson for JLT Asia
Kevin Snowdon, director risk and analytics - Asia, for international broker consultancy Willis Towers Watson is leaving the firm to join rival JLT Asia.
Allianz grows first half P&C GWP in Asia as profit falls
Global insurer Allianz saw P&C premium growth in Asia of 13% in the first half of the year as P&C profit fell the same percentage amount.
Philippi swaps Allianz for Euler Hermes in Asia
Allianz-owned global trade credit insurer Euler Hermes has made two senior appointments in Asia.
Fried to leave QBE role as insurer splits emerging markets division
Australian insurer QBE is reviewing its emerging markets division after making a pre-tax loss of $48m (£28m) in the first half of the year compared with a profit of $36m in the same period last year.
Australian insurers need to innovate to survive, says TAS
Insurers need to deal with their legacy systems and adapt to insurtech threats according to Sydney-headquartered financial technology firm TAS.
Hong Kong insurtech start-up registers 1000 users
Hong Kong digital app Cover Go, which helps organise policies, is gaining traction in the Special Administrative Region.
Hong Kong insurers should prepare soon for regulator levy, says EY
Hong Kong's insurers have less than five months to prepare to implement the premium levy to fund the Insurance Authority.
QBE appoints former Chubb director as Malaysia CEO
Australian insurer QBE has made a senior appointment in Malaysia.
Zurich's first half global P&C profit falls 15%
Swiss insurance giant Zurich saw a 15% fall in pre-tax P&C global profit in the first half of the year.
Allianz's Axel Theis on why insurers can look ahead with confidence
Axel Theis, Allianz SE board member, global insurance lines and anglo markets, explains why premiums are tipped to grow over the next decade.