Asia
China regulator starts taskforce for Yangtze cruise disaster
The China Insurance Regulatory Commission has launched an emergency taskforce after a ship carrying 458 people capsized in the Yangtze river last night (1 June).
C-Suite: Asia remains engine of global growth
Euler Hermes expects the Asia-Pacific region to drive global growth in 2015 although a slowdown in payments in China is a concern.
Australia's insurers swamped by 160,000 claims from April and May storms
Australia's insurers are counting the cost of April and May after their insurance claims surpassed A$1.55bn (£780m).
Deloitte Asia-Pacific managing director hails "tremendous" growth potential
Deloitte has appointed Yoichiro Ogawa, deputy CEO of Deloitte Japan, as global managing director for Asia-Pacific.
Axa's Indian investment increases given final approval
India's Foreign Investment Promotion Board and the Competition Commission have approved Axa's move to increase its stakes in two Indian insurers.
Downey and Lum take JLT Singapore leadership roles
David Lum deputy chairman of JLT Asia, and Warren Downey, deputy CEO of JLT Asia, are to become chairman and managing director respectively of the broker's Singapore office.
Generali in exclusive talks to buy My Drive Solutions
Generali group CEO Mario Greco is seeking a "new business model" as the Italian insurer opens exclusive talks to buy UK-based telematics provider My Drive Solutions.
Taiwan life insurer buys Madame Tussauds' building
Taiwan-based Fubon Life has bought the building which houses iconic London attraction Madame Tussauds for £348.8m.
Zurich's CEO joins $12trn investors to urge G7 climate pledges
Martin Senn, Zurich's global CEO, has signed a letter with some of the world's leading investors calling for urgent action on climate change.
Tokio Marine Kiln appoints political risks underwriter in Singapore
Edmund Lee has joined Tokio Marine Kiln as a trade and political risks underwriter in Singapore.
C-Suite: Cybercrime is still a low priority in Asia-Pacific
As cyber attacks become more frequent and damaging, many public companies in the Asia-Pacific region remain complacent about the issue and do not perceive it as a top priority despite their increasing vulnerability writes AIG's Jason Kelly.
Amount spent on insurance transactions has soared in 2015
The year so far has seen the most amount of money and shares spent on insurer, reinsurer and broker acquisitions since 2008 according to financial information group Dealogic.
Axa to divest €500m of coal assets by end of 2015
Henri de Castries, the global CEO of Axa, has announced the insurer will sell €500m of its holdings in coal companies over climate change concerns.
Besso looks to make Dubai move
Besso Insurance Group is in the process of obtaining permissions to establish a reinsurance broking and managing general agency in Dubai.
RSA completes China sale
RSA has completed the sale of Sun Alliance Insurance (China) to Swiss Re Corporate Solutions.
FP Marine's Bilney: 'Cargo rates are softest in my career'
Philip Bilney, CEO of Hong Kong-based marine specialist broker FP Marine, has warned that cargo rates are the softest he has seen in more than 30 years in insurance.
Wilson and Gourlay promoted at MSIG
Alan Wilson, Asia regional CEO of MSIG, and Michael Gourlay, vice president of business development, Asia have both been promoted.
Walker to join QBE as Hong Kong CEO in July
Mark Walker has left Allied World where he was CEO of its recently acquired Hong Kong division and will join QBE as its new Hong Kong CEO in mid-July after a period of gardening leave.
C-Suite: India's foreign investor ownership controls
Seven years after the proposal was first muted, India has finally raised the foreign direct investment cap to 49%; a lawyer investigates how the ownership and control systems will work.
Howden recruits five from JLT in Singapore
Howden International has recruited five senior brokers from rival JLT in Singapore.
Western Australia signs up to compulsory third party motor insurance
From 1 July 2016 motorists in Western Australia will be required to purchase third party (no-fault) insurance.
Singapore fraudster sentenced to six months in jail
27 year old Abdul Rahman Aziz has been sentenced to six months in jail for conspiring to defraud Axa after a staged traffic accident.
Raymond criticises Hong Kong insurers' use of betterment clause
Neil Raymond, CEO of motor and health broker Pacific Prime, has accused Hong Kong insurers of "institutionalised fraud" over how they handle motor claims.
SSP hires Swinton's Ron Atkinson as head of insurer relationships
Ron Atkinson has been appointed as head of insurer relationships for global technology house SSP.