Asia
Global Maritime brings Eagle Lyon Pope back to market
Global Maritime has re-launched Eagle Lyon Pope, its ports and shipping, marine casualty investigation and loss adjusting division.
Former Village Insurance director starts Hong Kong broker
Liam Morarjee, a former director of Hong Kong broker Village Insurance, has launched a general insurance broker in the Special Administrative Region.
25 dead in heavy Thailand flooding
At least 25 people have died and 700,000 people have been affected by widespread floods in southern Thailand.
46% of Asia-Pacific businesses don't insure supply chain disruption, says Zurich
Global insurer Zurich has identified a large protection gap in Asia-Pacific for supply chain losses.
Former Chubb execs join Navigators Asia team
Three former Chubb executives have joined Navigators’ Asian operations as the insurer continues to expand in North Asian marine, casualty and specialty markets.
Wong promoted at Cunningham Lindsey in Malaysia
Aldrin Wong, previously senior vice president of major and complex loss, has been promoted to CEO Malaysia at global loss adjuster Cunningham Lindsey.
Pana Harrison aims for $100m premium following acquisition
Singapore-based Lloyd's reinsurance broker Pana Harrison (Asia) has acquired five person Labuan broker AIH Reinsurance Brokers for an undisclosed sum.
Suezawa replaces Shigematsu at Crawford Japan
Futoshi Suezawa has been promoted to country manager at global loss adjuster Crawford's Japan office.
Insurers paid out $50bn for natural disasters in 2016
Insurers paid out $50bn (£41bn) in natural disaster claims during 2016, making it the costliest year for natural catastrophe losses since 2012.
Reinsurers face year of cost-cutting due to weaker renewals
Reinsurers face a demanding year of cost-cutting after the December contract renewal season delivered weaker prices for the fifth year in a row.
Kofax's Ong on innovations to enhance customers’ digital experience
From e-signatures to smart capture, Alson Ong shares innovations insurers can use to retain tech-savvy, omnichannel and increasingly demanding customers.
Verint's Ziv on the surprising answer to the fintech threat
As customer expectations increase in a rapidly changing business environment - there is a surprising answer to technology disruptions attacking established business models.
Zurich acquires Australian travel group Cover-More for A$741m
Insurance giant Zurich is aiming to become a top three global travel insurance provider after an agreement to buy Sydney-headquartered group Cover-More for A$741m (£439m).
IAG plans A$250m a year of cost savings
Australian giant IAG is aiming to save A$250m (£148m) from its operating costs over the next three years.
Axa to increase staff maternity and paternity benefits in Asia
Global insurer Axa will harmonise its global maternity and paternity policies from the beginning of next year.
Wilson promoted to group CEO at Brit
Fairfax-owned London-headquartered (re)insurer Brit has appointed group deputy CEO Matthew Wilson as group CEO starting on 1 January 2017.
Small losses expected from Indonesia earthquake, says AIR
Insured losses from yesterday's 6.5 magnitude earthquake in Indonesia are not expected to be significant according to catastrophe firm AIR Worldwide.
Concerts: Music to the ears of contingency insurers
The renaissance of live music events is fuelling opportunities for contingency insurers worldwide.
Aetna establishes Singapore innovation hub
US-headquartered health insurance giant Aetna has established an innovation hub in Singapore this month.
Fitch estimates 5.5% GDP growth in 2017 for emerging Asia
Global ratings agency Fitch believes economic activity in Asia will hold up well next year with emerging Asia leading the way.
Liberty Mutual to acquire Ironshore for $3bn
Liberty Mutual Insurance is to acquire Ironshore, a global specialty lines company, from Chinese conglomerate Fosun International.
November hailstorm to cost Australian insurers A$130m
28,146 claims have been received following a severe hailstorm on 11 November which caused damage in three Australian states.
Chaucer expands Singapore treaty team
Lloyd's specialist insurance group Chaucer has appointed former Swiss Re manager Ong Chee Koon as class underwriter to join its Asia treaty team in Singapore.
Kaikoura earthquake could cost New Zealand's insurers NZ$5bn
New Zealand's powerful South Island earthquake on 14 November could cost the local insurance industry up to NZ$5bn (£2.8bn) but the sector has plenty of capital to cope according to the Reserve Bank of New Zealand.