Asia
HSBC agrees to sell Ping An stake to Thai conglomerate
HSBC is to sell its 15.57% stake in Ping An Insurance to the Charoen Pokphand Group, a Thai multi-national conglomerate with core businesses in agro-industry, food, retail and telecommunications.
Sart appoints chief casualty underwriter
Hong Kong-based Lloyd's coverholder Sart Underwriting has appointed Joseph Lo as chief casualty underwriter.
AIA completes deal for Aviva's Sri Lanka unit
AIA has completed its acquisition of Sri Lankan insurer Aviva NDB Insurance from Aviva and Sri Lanka's National Development Bank.
Top five Asian news stories
The top five stories from www.insuranceinsight.com over the past seven days.
RSA opens Dubai office
RSA has been granted permission to operate in the Dubai International Financial Centre, starting on 18 November.
Willis restructures Europe operation
Willis is dividing its continental Europe operation into two regions: Western and Central & Eastern Europe.
Hong Kong insurers see 10% premium rise in first nine months
Hong Kong's insurance industry posted a 10% increase in gross premiums in the first three quarters of 2012, to reach $190.1bn, figures published by the Office of the Commissioner of Insurance showed.
Changing consumer habits see Asian insurers embrace e-business
The proportion of Asian insurers' premium income from online sales is increasing, as more insurers embrace the internet as a distribution channel, according to Celent.
PICC lists on HK exchange
Chinese state-owned insurer PICC Group raised $3bn in its Hong Kong's initial public offering today.
Insurance Insight - Regulation not restriction
In this latest digital edition Insurance Insight looks at the close eye Asian insurers are keeping on regulation with the growing emphasis on a hands-on approach by regulators.
Bupa hires international PMI head
Bupa has appointed Robert Lang as managing director of its international private medical insurance business.
Sart poaches marine underwriter from Ace HK
Sart Underwriting, a Lloyd's coverholder based in Hong Kong, has hired Larry Kwok as chief marine underwriter.
Aria Assistance unveils partnership with EAJ
Hot on the heels of its partnership with Globemed, Aria Assistance has revealed a new deal with Emergency Assistance Japan.
Cashin joins Kennedys HK
Peter Cashin has joined law firm Kennedys’ corporate and commercial group in Hong Kong.
Asia View from the Top: Realising growth in higher growth markets
There are three trends that are becoming increasingly evident in the changing global economic landscape.
South heads to Asia Pacific to run enlarged Marsh business
Former Marsh UK chief executive Martin South has been appointed CEO of Marsh Asia-Pacific, following a restructure of its international regions, which also sees a dedicated leader brought in to head up an enlarged European operation.
Marsh reshuffles leadership of international divisions
Broker Marsh has combined its Asia and Pacific regions and appointed a dedicated leader for continental Europe, the commonwealth of independent states, and Turkey.
New partner joins Kennedys Hong Kong office
Kennedys Hong Kong office has welcomed a new partner in its Corporate and Commercial Group.
MSIG aims to strengthen brand presence in Asia
MSIG Insurance (Malaysia) is aiming to enhance the presence of its subsidiaries in a number of Asian territories with a new marketing campaign.
ING deal sparks AIA appointments
AIA Group has made senior management changes in preparation for the integration of AIA and ING Malaysia.
Asia tops list for serious underinsurance says Lloyd's
States in many high growth countries are shouldering the burden of excessive natural catastrophe losses due to low levels of insurance penetration, Lloyd’s has warned.
Insurance Europe repeats urge for Japan to abide by GATS
Trade body Insurance Europe has criticised the approval of a new Japan Post Insurance education product as disregarding the competition concerns expressed by international organisations.
III plans Apac expansion
Singagpore-based India International Insurance Pte, a joint venture of India’s five State-owned insurance companies, plans to expand operations into Vietnam and Malaysia in the coming years.
Axa to 'release' Taiwan staff
Staff in Axa's representative office in Taipei will be let go by the end of 2012, a spokesperson said today.