Asia

Marine - Post IUMI: Missing the boat?

A successful IUMI conference gave marine insurers plenty to mull over, reports Eric Alexander, not least the shocking statistic that hull insurance has been at a technical loss for the past 14 years.

Editor's comment: Lloyd's soap rumbles on

As the clock ticked down to the Friday (15 October) deadline to complete a deal for Brit, the Dutch-domiciled insurer confirmed an extension has been granted to bidders Apollo and CVC Capital Partners.

Hardy extends Asian presence

Hardy Underwriting Bermuda has opened its new Singapore office, adding Hardy Underwriting Asia to the Lloyd's Asia platform in recognition of the growing significance of the Asia Pacific economies and the tendency for local markets to retain increasing…

Monte Carlo roundtable: State of play

Mairi Mallon leads proceedings at the annual PricewaterhouseCoopers-sponsored Reinsurance roundtable at the Monte Carlo Rendezvous, where industry experts gathered to talk about the industry's hot topics.

Snowball eyes return to UK

Former Aviva board director Patrick Snowball has revealed his firm intention to return to the UK insurance market when his contract with Australian financial services firm Suncorp finishes in 2013.

Environmental liability: The carrot or the stick?

The idea of a new compulsory insurance class appears to represent opportunity to some and a major risk to market stability for others. Ralph Savage reports on how compulsory financial provision for environmental damage is viewed and whether it could ever…

Hyperion deal

Hyperion Broking has agreed to acquire Singapore's Accette Insurance Group.

Hyperion shows Asian intent

Post has learnt that a subsidiary of Hyperion Insurance Group has reached an agreement to acquire an independent insurance broker in a move that will significantly increase the company’s presence in Asia.

Widespread flood losses hit Asia

Aon Benfield's monthly catastrophe recap report, which provides an analysis of worldwide catastrophic events, highlighted that July witnessed some of the worst flood events in history, with Asia being particularly badly affected.

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