Asia
Sydney hostage siege declared as terrorist act
The hostage crisis that left two dead in central Sydney on 15-16 December has been declared a terrorist act meaning insurers will pay compensation to businesses.
International conflicts biggest threat to global stability
The biggest threat to the stability of the world in the next 10 years comes from the risk of international conflict, according to the 10th edition of the Global Risks report published by the World Economic Forum.
RMS partners with China Re's Lloyd's venture
Risk modeling firm RMS will support China Re’s Syndicate 2088 the first Chinese direct investment into Lloyd’s.
Claims Awards Asia: Claims Service Provider of the Year
Sponsored Feature: The winner of the Claims Service Provider of the Year award at the Claims Awards Asia 2014 is Willis Processing Services India.
Asia-Pacific risk managers concerned over increased competition
Increased competition more important but regulation less of a concern in Asia-Pacific last year compared to 2013 according to the latest Allianz Risk Barometer.
Brisbane hailstorm claims top A$1bn
100,223 property and motor claims have been lodged as a result of last November's freak Brisbane hailstorm.
RGA introduces COO role for Asia
Global health and life reinsurer the Reinsurance Group of America has made several senior management changes in Asia.
Australian farmer claims A$944,000 for crop failure
The first payout for multi-peril crop insurance in Australia is A$944,000 (£504,000) to a Queensland farmer.
Cigna moves into New Zealand over fifties travel market
Cigna New Zealand has unveiled its first own branded online travel insurance product aimed at the mature traveller.
Underwriting Agencies Council launches expo in New Zealand
The Underwriting Agencies Council, based in Sydney, will host its inaugural expo in New Zealand on 16 February at Auckland.
AIG appoints chief financial officer in Singapore
AIG has promoted Monique Stip to chief financial officer of its Singapore operations.
'Australia's softest market in living memory' says Zurich's Spencer
Stuart Spencer, Zurich's Asia-Pacific CEO, says it is the softest insurance market in Australia in living memory.
Malaysia flood damage to cost $560m
The December Malaysia flood damage will cost the Malaysia government $560m (£371m) in repairs.
China's changing motor market
China is introducing more flexibility to its motor insurance market, creating opportunities for foreign insurers to differentiate on price and product design, writes Nicky Burridge
Indonesia insurers prepare for Air Asia payout
Two Indonesia insurers are preparing to pay out around $70m (£46.3m) as result of Air Asia flight QZ8501 crashing into the sea killing all 162 people on board.
LeapFrog eyes further investments after RSA Thailand deal
Leapfrog Investment has around $400m (£265m) to spend on investments as it seeks out further stakes in Asian insurers.
Partner Re obtains Singapore license
Reinsurer Partner Re has been granted a life and non-life license in Singapore by the Monetary Authority of Singapore.
XL's £2.79bn Catlin takeover confirmed
XL Group's acquisition of Lloyd's heavyweight Catlin has been confirmed in a note to the London Stock Exchange valuing Catlin at £2.79bn.
Japan snowstorms were largest insured loss in 2014
Japan's snowstorms last February cost insurers $3.1bn (£2.05bn) which was the largest amount claimed for a natural catastrophe in 2014.
Climate: How does climate change cause food insecurity and conflict?
As weather patterns change and temperatures rise, issues such as climate-induced food insecurity are destined to become an increasingly important driver of conflict and social unrest
Korean Re to establish Lloyd's subsidiary
Top 10 reinsurer Korean Re aims to start a £10m joint venture unit in London by the end of the year.
60% of Asia-Pacific banks offer home insurance
Independent research shows life insurance is most popular bancasurrance product in Asia-Pacific across 17 countries.
Ace's Allan replaces Tait as Crawford's Singapore manager
Loss adjuster Crawford has hired Martin Allan, Ace's former regional head of personal claims, as general manager Singapore.
Soft reinsurance market fueled by low 2014 cat losses
Declining catastrophe losses in 2014 has been cited as a major factor behind the softening rating environment at the January renewal period, according to global reinsurance broking players.