Asia

Thai flood losses set to escalate - Insurance News Now

Post reporter Callum Brodie outlines this week's major general insurance stories including feelings of a “whiff of Katrina” among loss adjusters about the Thailand floods that have already inundated two industrial estates in Bangkok - affecting…

Two join Towers Watson in Asia

Towers Watson has strengthened its private markets research resources in Asia with the appointment of Richard Tan and Agnes Lee to its Hong Kong office.

PMI discount for Hong Kong based customers

Now Health International is offering prospective customers who are resident in Hong Kong the opportunity to reduce their private medical insurance premium by 15% by restricting the type of room they have access to when seeking hospital treatment.

Arab Spring: A little bit of politics

The recent uprisings in the Middle East and North Africa have underlined the narrowness of terrorism policies — but have insureds woken up to the more comprehensive benefits of political violence cover?

Zurich closes MAAB acquisition

Zurich Financial Services Group has completed the acquisition of 100% of the share capital of Malaysian composite insurer Malaysian Assurance Alliance Berhad.

Aon names aviation head

Aon Risk Solutions (ARS) has appointed David Boyle as head of the aviation team Asia Pacific (Apac) region.

Post Europe – BPO: Too far East?

When it comes to business process outsourcing (BPO), the message has always been clear: go east. Although the likes of India, China and the Philippines may be the big hitters in this market, Edward Murray asks if insurers are looking too far east and…

Law firms poised for top-25 merger

Legal bosses from Beachcroft and Davies Arnold Cooper are remaining tight-lipped over merger talks — despite market speculation a decision could be reached within a week.

View from the top: A hard market is coming

I started talking about positive signs of rate movement more than a month ago. While many agreed, not all of the market's 'big three' brokers shared this view. But a few weeks can effect considerable change and now even Aon's soothsayers will probably…