Asia
London company market aims to bring quicker processing to Europe and Asia
International Underwriting Association members have seen premium processing times cut from weeks to just days under a new initiative which will be rolled out to Europe and Asia.
Willis restructures international operations
Willis International has reorganised its Asia Pacific, Middle East and Africa operations amid a management resuffle.
Willis strengthens leadership in Asia and Middle East
Willis International has created three regional business units under new and expanded leadership in recognition of the size, growth and strategic importance of its Asia Pacific, Middle East and Africa operations to Willis Group Holdings.
Positive outlook for Malaysia's insurance market
The outlook for Malaysia's insurance sector is positive, according to the country's Minister of Human Resource and Development.
BPL Global adds Singapore business to Asia Pacific footprint
Berry Palmer & Lyle has followed up on the opening of its Hong Kong branch last year with the launch of a Singapore subsidiary.
Locals urged to contact insurers over Singapore hotel fire
Residents and businesses affected by a fire at a Singapore hotel on Monday have been offered assistance in making insurance claims from the group that owns the facility.
Pru Singapore offers wealthy clients 'highest' critical illness pay out
Prudential Singapore, the wholly-owned subsidiary of UK-based insurance group Prudential, has launched a critical illness product targeted at affluent individuals.
Berry Palmer & Lyle opens in Singapore
Political risk broker Berry Palmer & Lyle has opened a second Asian subsidiary following the launch of a Hong Kong branch in early 2011.
Risk from traditional reinsurance not systemic, IAIS says
Traditional reinsurance is unlikely to cause, or amplify, systemic risk, according to the International Association of Insurance Supervisors.
Asian enterprise risk management gathering steam
The Asia insurance sector lags behind Western markets in terms of enterprise risk management. Nicky Burridge investigates the issues bringing the matter to the top of the agenda.
Indian regulator rubberstamps aggregator site
An Indian price comparison website has become the first to receive approval from the country's Insurance Regulatory and Development Authority after complying with new guidelines.
HSBC looking to exit Vietnamese insurer, sources say
HSBC plans to continue the sale of its insurance assets by divesting its stake in a Vietnamese insurer, according to sources.
India to investigate 'womb removal' insurance scam
The Indian state of Chhattisgarh is investigating reports that thousands of women had unnecessary hysterectomies so that hospitals could make insurance claims, the BBC reported yesterday.
SSP wins major bancassurer deal in Asia
Insurance systems provider SSP has signed a major bancassurer deal in Vietnam.
China Property & Casualty Reinsurance to use AIR catastrophe models
China Property & Casualty Reinsurance Company has licensed AIR's typhoon, earthquake and multiple-peril crop insurance models for China to better manage its catastrophe risk.
70% of insurers see Asia as a 'very important' area for growth
Most CEOs recognise the importance of Asia, but concerns remain about regulation and the macro-economic environment.
Braemar Techincal Services appoints new Singapore MD
John Harris has been appointed managing director at loss adjusting firm Braemar Technical Services in Singapore.
Private-public partnerships key to improving India's healthcare
The private sector has an important role to play in helping India achieve its goal of universal healthcare, senior figures said at a recent health conference.
Japan flooding threatens rice crop
Heavy rainfall in south west Japan has caused widespread flooding and mudslides.
AIR launches cyclone model for India
Catastrophe modeling firm AIR Worldwide has released a cyclone model for India.
Nat-cat losses dip below average for first six months of 2012
Natural catastrophe losses for the the first six months of 2012 were $26bn, well below the six-month average of recent years, according to Munich Re.
Flash flooding hits south west Japan
Intense rainfall in south west Japan has resulted in flash flooding and landslides, according to catastrophe modelling firm RMS.
Huge opportunities for anti-fraud measures in China, says FICO
Chinese non-life insurer Huatai was hailed as a pioneer this week after it became the first insurer in the region to deploy insurance fraud protection. John Chen, managing director of FICO, which provided the anti-fraud solution, spoke to Insurance…
ICICI Lombard launches health product to provide comprehensive care for families
ICICI Lombard General Insurance Company, India's largest private sector general insurance company, has launched its new Health Care Plus policy.