Asia
AIG and PICC to form China joint venture
American International Group plans to form a joint venture with the People's Insurance Company of China that may put it in direct competition with its former pan-Asian insurance unit, MarketWatch reported.
United India may shed loss making lines
Stemming underwriting losses will be Milind Kharat's first task as the head of public Indian insurer United India Insurance Company, the new chairman has said.
Cautious optimism for Hong Kong’s insurance market
With the Hong Kong insurance market continuing to grow rapidly you would expect insurers to be optimistic about the prospects for the market. This optimism is not unbridled, however.
Blog: Why the FDI backlash?
Few concepts in recent times have divided Indian public opinion more than foreign direct investment.
Roundtable: The Arab Spring - Identifying and handling the risks
The unrest in the Middle East over the past two years has created a host of new risks for companies operating in the region. How should the insurance industry adapt in response?
Axa confirms Taiwan exit
Axa is withdrawing from Taiwan after failing to gain a licence from the country's regulator.
Aviva unveils Mark Wilson as new CEO
Aviva has appointed former AIA chairman Mark Wilson as its new chief executive.
Allianz Worldwide Care opens Brussels support centre
Allianz Worldwide Care Services has opened an operational support centre in Brussels to provide a local contact point for the company's intergovernmental organisations and corporate clients.
Q-Re poaches Novae underwriting team
Q-Re, the reinsurance subsidiary of Qatar Insurance Company, confirmed today that is has hired 14 senior reinsurance staff who resigned from Novae in May.
Top five Asian news stories
The top five Asian news stories from wwww.insuranceinsight.com over the past seven days.
Aviva appoints Mark Wilson as group chief executive
Former AIA chief executive Mark Wilson, pictured, has been appointed group CEO and will receive a basic annual salary of £980 000, Aviva has revealed.
Marsh's Moylan to head global surety practice
Marsh has appointed David Moylan as head of its newly created global surety practice.
Non-life premiums in Vietnam reach VND17tn in first nine months
Non-life insurers in Vietnam achieved premiums of more than VND17tn in the first nine months of 2012, up 11.3% from the same period last year.
HSBC in talks over sale of Ping An stake
HSBC may sell its stake in China's Ping An Insurance as part of a drive to improve profitability, the insurer confirmed on Monday.
Aria expands assistance offering with Japan deal
Aria Assistance has signed an agreement with Emergency Assistance Japan to extend its global network to locations where it is currently not present.
Former Axis chairman could start Asian insurer
Axis Capital founder John Charman is planning to return to the insurance industry, possible through the creation of an Asian insurance company.
Willis implements Sequel software in UK and India
Willis Re, the reinsurance arm of global broker Willis, has implemented Sequel’s Eclipse broking software.
Asian claims power
Claims is often touted as the shop window of insurance, and claims departments in Europe have been given increasing power. Sam Barrett finds out why the same is not true of Asia.
PICC seeks cornerstone investors ahead of IPO
Chinese state-owned insurer PICC Group is in talks with American International Group and others to become cornerstone investors for its planned Hong Kong listing, Reuters reported.
AIG adds logo to Singapore skyline
Global insurer AIG has installed a new signboard on top of its Asia Pacific headquarters at 78 Shenton Way.
Crawford hires Hong Kong construction adjuster
Loss adjuster Crawford & Co has appointed Peter Spencer as regional construction executive adjuster.
Generali to sell assets to grow insurance business
Italian insurer Generali is to sell non-strategic assets next year to generate cash to invest in emerging markets.
Willis takes D&O cover down under
Willis has rolled out its Darcstar directors all risks cover across the Asia-Pacific region to Hong Kong, Singapore and Australia.
Willis launches D&O product in Asia-Pacific region
Willis has introduced its Darcstar directors all risks cover to Hong Kong, Singapore and Australia.