Asia
Thatcham agrees risk rating deal with Thailand GIA
Motor insurance research centre Thatcham has signed a two year contract with the Thailand General Insurance Association to provide vehicle premium risk rating and alternative parts accreditation to the Thai market.
Quake hits Myanmar and Thailand
A shallow 6.8 moment magnitude earthquake has occurred in Myanmar, near the border with Thailand.
Willis consolidates international units
Insurance broker Willis has merged its Asia Pacific and Middle East and Africa units naming Roger Wilkinson as the chairman and chief executive of the new entity.
Ace estimates Japan losses of up to $250m
Insurer Ace has predicted net post tax losses from the Japanese earthquake of between $200m (£124.3m) and $250m.
Japan economic losses “likely to exceed $100bn”
Losses from the earthquake which shook Japan last week could break the $100bn (£62.2bn) barrier, catastrophe modeling firm EQECAT has predicted.
Swiss Re reiterates commitment to Japanese market
Reinsurer Swiss Re has reiterated its commitment to the Japanese insurance market following the earthquake which hit the country last week.
QBE estimates quake exposure at $125m
Insurer QBE has estimated its exposure to the Japanese earthquake to be around $125m (£77.6m).
Chaucer confirms Japan nuclear plant involvement
Chaucer has confirmed it provides cover for Tokyo Electric Power Company, the owner and operator of three nuclear plants affected by the 11 March earthquake and tsunami. However the firm has played down the chances of a significant loss from the…
Japan earthquake insured losses could top $35bn
The insured property losses caused by the devastating earthquake which struck Japan could reach $35bn (£21.7bn), catastrophe modelling firm Air Worldwide has warned.
Lloyd's: Too early to assess Japan losses
Lloyd's has said it is "far too early" to assess the business impact of the natural disasters to hit Japan over the last 24 hours.
Tsnunami hits Japan following earthquake
An 8.9 magnitude earthquake has struck north-east Japan triggering a devastating tsunami.
Dual sets up in NZ with ex-QBE trio
Dual International has expanded its global network with the opening of an office in Auckland, New Zealand.
JLT restructures Japanese offering
Through an equity transfer arrangement, the JLT Group has established JLT Holdings Japan.
Willis makes Middle East appointment
Willis Group Holdings has appointed Atish Suri as a divisional director in Dubai, establishing an “on-the-ground presence” in the region.
Cooper Gay hires head of broking for Singapore operation
Cooper Gay has appointed Jeremy Austen as head of broking for its Singapore office.
Post history - 30 years ago: Loss adjuster heads to Indonesia
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 30 years ago reveals.
Solvency II - Equivalence: The cost of regulation to cross-border trading
The regulatory costs associated with cross-border trading have long been a burden on international insurers, but things may be improving explains Nick Lowe.
Axa appoints new head of group corporate responsibility
Axa has appointment of Mrs Gaëlle Olivier as chief executive officer of Axa’s property and casualty operations in Asia, effective 12 April.
Whittington makes personnel change in Singapore
Whittington Group has promoted Ross Bundey, group general counsel, to the position of director of the Group’s holding company, Whittington Group Pte Ltd.
Aon Benfield: Australian floods could cost $20bn
Aon Benfield has released its monthly Cat Recap report, predicting that devastating floods in Australia could impact insurers to the tune of $20bn US dollars.
Aon Benfield: Australian floods could cost $20bn
Aon Benfield has released its monthly Cat Recap report, predicting that devastating floods in Australia could impact insurers to the tune of $20bn US dollars.
View from the top: Answers outside London
The soft market is continuing into 2011 and unlikely to harden any time soon.
RSA appoints new CEO for Asia Middle East
RSA has appointed Stuart Purdy CEO for the Asia & Middle East region (AME).
Markel appoints Hong Kong chief
Markel International has appointed Ada Lam as development underwriter and head of its new Hong Kong office.