Asia
Portevin switches roles and Carter to retire at Allianz's global commercial arm
Senior management shake-up at Allianz Global Corporate and Specialty.
Munich Re CEO confident on pricing after increase in catastrophes
Nikolaus von Bomhard, Munich Re's CEO, has said reinsurance prices are bottoming out based on July's renewals.
Natural catastrophes hit Munich Re's first half profits; CEO warns on Brexit
Reinsurer on track despite Munich Re's 24.4% first half operating profit fall to €1.4bn (£1.2bn) compared with €1.9bn in H1 2015.
RMS director warns stop the "guessing game" over global port exposure
A report from the global risk management firm RMS on the global ports most exposed to natural catastrophes has some surprising findings.
MGA Insurance Brokers buys broker Cranston Australia
Adelaide-headquartered MGA Insurance Brokers has expanded its number of offices in Australia to 40 with the purchase of Cranston Australia Insurance Brokers.
Weather events reduce Allianz's Q2 P&C global profits by 37%
German giant Allianz's second quarter 2016 global property and casualty operating profits declined 37% to €1.1bn (£933m) compared with €1.75bn in Q2 2015.
Swiss Re agrees parametric pilot with China to protect farmers
Swiss Re has entered a pilot reinsurance protection scheme with the government of Heilongjiang province to help protect farmers from natural catastrophes.
China counts $33bn costs from major flooding
According to Aon Benfield's catastrophe modeling team Impact Forecasting the recent flooding in China could cost the country as much as $33bn (£25bn) in economic losses.
Aviva's global profits jump 13%; GI COR rises
Aviva had a mixed first half to the year as its life insurance division performed well and its general insurance profits fell.
Suncorp's insurance profits fall 17.5% for full year
Adverse weather events meant Australian insurance giant Suncorp missed its full year catastrophe allowance by A$60m (£34m).
Axa posts solid global first half results despite 'headwinds'
Axa's underlying profits were flat at €3.1bn (£2.6bn) in the first half of 2016 compared to the same period last year, with net income climbing 4% to €3.2bn.
AIG's global commercial premiums shrink 21% in Q2
AIG's shares climbed 2.5% in after hours trading after returning to profit in the second quarter of 2016.
Asia C-Suite: Singapore's timely cyber action
Gavin Hayes, head of Asia-Pacific at Beazley, welcomes the Singapore government's attempts to clampdown on cyber risks.
Manulife and QBE enhance Hong Kong agreement for agents
Life insurer Manulife has signed an agreement to extend its relationship with Australian giant QBE which allows Manulife's agents in Hong Kong to sell general insurance products.
Can Zurich rebound from senior brain drain as Sharma and Martin join departee list?
Zurich was long regarded as consistency personified; a stable and calming force in an often turbulent insurance market. But in recent years, the Swiss giant has been hit hard by poor financial performance. To counter that, the company then introduced a…
Axa ties up partnership with Chinese e-commerce giant Alibaba
Axa has signed a deal with Alibaba to jointly explore opportunities to distribute insurance products and services through the Chinese e-commerce giant’s platforms including Ant Financial Services.
Swiss Re's Mumenthale positive despite nine point hit to H1 COR
Swiss Re has reported a H1 net income of $1.9bn (£1.44bn), down from $2.3bn (£1.75bn) for the same period in 2015.
Glaser confident after "strong quarter" for Marsh
Global insurance broker Marsh had a solid second quarter of 2016.
Natural catastrophe losses hit XL Catlin's Q2 profits
XL Catlin suffered $240.1m (£182m) of natural catastrophe losses in the second quarter of 2016 compared with $59.9m in the same period last year.
Howell resigns from Generali Asia
Post understands Jack Howell, regional officer for Generali Asia, has resigned.
Atrium to close Singapore office
Atrium Syndicate 609 has decided to stop accepting business on its Lloyd's Singapore platform after eight years in operation.
China still heavily underinsured for floods, says Swiss Re
China's dramatic flooding over the last month has once again highlighted the prevalence of underinsurance in the country.
Former Marsh UK and Asia-Pacific CEO appointed to North American business
Former Marsh UK CEO Martin South has been appointed president of the company’s US and Canada division.
Jia replaces Hillebrand as Swiss Re Corporate Solutions China CEO
Swiss Re Corporate Solutions has appointed Jingwei Jia as CEO of its China operations.