Asia
Australian storm contributed to Berkshire Hathaway Q2 underwriting loss
Berkshire Hathaway Reinsurance's profits fell to an underwriting loss in the second quarter after a storm in Australia cost it $115m in losses.
Typhoon Soudelor leaves widespread damage in China and Taiwan
Powerful storm Typhoon Soudelor has killed at least 14 people in Taiwan and 12 in eastern China; others are missing and over 100 were injured in Taiwan.
Bauer to leave Allianz
Manuel Bauer, head of insurance growth markets, Allianz is leaving at the end of August.
Munich Re upgrades profit estimate after drop in major losses
Munich Re has upgraded its profit forecast for 2015 to above €3bn after tax (£2.1bn) on the back of encouraging second quarter results.
Large losses and rising expenses hamper Zurich's first half global results
Zurich blamed a 15% fall in pre-tax global profits to $2.2bn (£1.4bn) in the first half of 2015 on a significantly lower contribution from its GI business.
Snowball warns over government disaster insurance scheme
Outgoing CEO of Suncorp Patrick Snowball has said a potential Australian government backed insurance disaster scheme would not provide the required protection communities deserve.
Hong Kong broker chooses Total Objects
Hong Kong marine broker Latitude has chosen to use software provider Total Objects for all its technology systems.
China regulator to introduce insurer service rating system
The China Insurance Regulatory Commission is planning to rate general and life insurers based on procedures from sales to claims.
Berkshire Hathaway offers marine in Australia and New Zealand
Berkshire Hathaway Specialty has begun marine underwriting in Australia and New Zealand.
Asia C-Suite: Improving China's claims
A senior Chinese broker believes that clients needing to accept compromises over claims is diminishing confidence in Chinese insurers.
Singapore judge dismisses springboard injunctions in broker legal spat
Judge Choo Han Teck has dismissed attempts by JLT to grant two springboard injunctions against Howden, four former JLT employees and recruitment firm Huntington Search.
Tiger Risk Parners targets China with Hong Kong office
US-headquartered reinsurance broker and strategic advisor Tiger Risk Partners has opened its first office in Asia.
Partner Re agrees to Exor's $6.9bn all cash offer
Bermuda-based Partner Re has agreed to sell to Italian investment firm Exor after it made a $6.9bn (£4.4bn) all cash offer.
Triton Global hires from Dual to replace Wilkinson in Singapore
London-headquartered claims service provider Triton Global has appointed Simone Shepherd as regional director in Singapore.
Suncorp had A$1.1bn of disaster claims in last financial year
Brisbane-based Suncorp had its worst ever year for natural disasters in the financial year finishing at the end of June 2015.
China Re submits application for IPO in Hong Kong
Reinsurance giant China Re has submitted an application for a listing on the Hong Kong Stock Exchange.
Peak Re hires Burri as reinsurer targets Zurich office
Jacqus Burri has been hired by Hong Kong-headquartered reinsurer Peak Re to work in Zurich.
AM Best places Ironshore under negative review after Fosun transaction
Ratings agency AM Best has placed specialty insurer Ironshore under negative review after the acquisition by Chinese conglomerate Fosun.
Less than 6% of SMEs have cyber insurance, says ABI Research
Global research firm ABI Research has found that less than 20% of large companies and less than 6% of SMEs have cyber insurance within the global insurance market.
Leung to replace Choi as Hong Kong's insurance government head
John Leung is relocating from Taiwan to start as Hong Kong's commissioner of insurance on 19 August to replace Annie Choi.
Lloyd's to boost Malaysia presence as it applies for onshore licence
Lloyd's is to apply for an onshore reinsurance licence in Malaysia and open an office in Kuala Lumpur.
Venetico to lead Generali's Asia commercial property underwriting
Industry veteran Joe Venetico has been appointed head of property underwriting, Asia for Generali global corporate and commercial.
Standfield to leave QBE to join Australia broker group
Post understands Shaun Standfield, QBE's chief underwriting officer for Asia, is to leave the insurer to join an Australian broking group.
Cyber attacks in Australia have tripled since 2011
Cyber attacks in Australia have tripled in three years from 313 in 2011 to 1131 last year according to the Australian Cyber Security Centre.