Asia
Toa Re and China Re enter co-operation pact
Japan's Toa Reinsurance has teamed up with state owned China Reinsurance in a bid to enhance the two reinsurers' market development.
Allied World open Singapore office
Allied World has opened a branch office in Singapore in order to further expand its operations in Asia, and has appointed Bruce Ford as its principal officer and head of treaty Asia Pacific, Middle East and Africa.
Fitch happier about reinsurance sector
Ratings agency turns upbeat about reinsurance sector
GIC Re to set up nat cat pool
General Insurance Corporation (GIC Re), the Indian state-owned national reinsurance company, is in the process of setting up a natural catastrophe pool for insurance and reinsurance companies in Africa and Asia
Tropical Cyclone Phyan hits off coast of Mumbai
Tropical Cyclone Phyan hits India’s western coast near the commercial capital, Mumbai, prompting evacuations and storm warnings.
Failed reinsurers should be left to collapse - Allianz
A senior member of the board of management of German insurer Allianz has said insurers and reinsurers should not expect government help if they hit problems.
Rates have to rise in Asia - Gerhardt
Pairs Re CEO Hans-Peter Gerhardt says the Asian market has to look at the prices which are being charged for risks if there is to be a sustainable market for all.
Troubling period ahead for reinsurers - Partner Re CEO
Partner Re’s CEO Patrick Thiele did not win many friends among some of his peers when he delivered his address at the Singapore International Reinsurance Conference.
Axa Asia Pacific rejects Axa and AMP purchase bid
£5.9bn bid to acquire and split company rejected
BTA collapse may cost market up to $500m - sources
Collapse of Kazhakstan bank could cost the market losses of $500m, sources have told Reinsurance.
Lockton targets Brazil-based Japanese business
Intermediary to service Japanese community from Sao Paolo
Airline account moves to Marsh
Thai Airways account moves to Marsh
Thatcham strengthens ties with Korea
Motor research centre forms agreement with Korean institute
Earthquake strikes Indonesia
An earthquake has rocked Indonesia.
AIG to get a $1.4bn hit to fourth quarter earnings after Taiwanese sale
AIG has said it is to get a $1.4bn hit to fourth quarter earnings after it sold a Taiwanese life insurance unit.
AIG may sell $4.5bn worth of planes to ILFC CEO
AIG may sell $4.5bn worth of its ILFC planes to ILFC CEO Steven Udvar-Hazy, Bloomberg has reported.
JLT raids Aon for Asia boss
Dominic Burke hails capture of Anthony Longridge in regional push.
PICC raises $732m
PICC Property & Casualty, China's largest non-life insurer in terms of premiums, has completed the issuance of RMB 5bn worth of ten-year subordinated bonds (circa $732m).
AIG sells Taiwanese insurer for $2.15bn
AIG sells Taiwanese life insurer for $2.15bn to Primus.
Security conscious
Caroline Cruickshank discusses collateral issues facing reinsurance buyers and sellers in new markets and the emergence of a new collateral alternative
Shaken and stirred
Despite the global downturn Japan's reinsurance market is still very stable, says Jeremy Golden but its new government's policies on healthcare and earthquakes may increase international cover needs
AIG closes in on sale of Taiwanese insurance unit
State-controlled US behemoth nearing $2bn sale of Taiwanese insurance unit.
Typhoon losses may cost insurers up to $1.5bn
Typhoon Melor that landed in Japan may cost insurers up to $1.5bn, according to modelling agency AIR.
Japan slammed by Typhoon Melor
Windstorm hits Japan's main island