Asia
Gallagher invests in joint venture with major Chinese broker
Arthur J Gallagher will invest in a new reinsurance broker with Jiang Tai Insurance Brokers in the Shanghai free trade zone.
Three dead in Philippines' typhoon
Typhoon Hagupit has been responsible for the deaths of three people in the Philippines after a weaker than expected storm.
Australian familes to bring MH17 lawsuit in ECHR
Eight Australian families are preparing to bring a joint-suit against Russia, Ukraine, Malaysia and Malaysia Airlines regarding the downing of the stricken Malaysia Airlines flight MH17.
AGCS predicts aviation exposure to exceed £638bn by 2020
Increasing fleet values and a rise in passenger numbers is expected to push the value of aviation risk exposure through the $1trn (£638bn) barrier by 2020, according to Allianz Global Corporate & Specialty.
Zurich on track for 2016 targets
Zurich has told investors it remains confident of hitting financial targets for 2016 as part of a presentation on performance.
Storm could cost A$1bn to clean up, says Brisbane mayor
Brisbane mayor Graham Quirk has said the hailstorm on 27 November is the costliest storm event for insurers in 30 years.
HWL Ebsworth acquires insurance practice in Adelaide
Independent Australian law firm HWL Ebsworth is to acquire two law firms with insurance offerings early next year.
C-Suite: Australia's not-so-big disasters
An Australian broker gives his verdict on some key business risks in his country less likely to make the national headlines.
Philippines braces for Typhoon Hagupit
Thousands of evacuations are taking place in the Philippines as a category storm 5 hurricane approaches.
Brisbane hailstorm claims to cost at least A$482m
The losses from last week's Brisbane hailstorm keep on rising.
Bangkok Insurance joins Scope Technologies for telematics push
Bangkok Insurance has teamed up with Scope Technologies to provide telematics to commercial fleets.
New Zealand expects 30cm sea level rise
The New Zealand Insurance Council has accepted a government report stating a 'locked in' 30cm rise in sea-levels.
Willis Re rolls out Japan tsunami risk model
Reinsurance broker Willis Re has developed the Willis Japan Tsunami Model.
Gallagher's international development head to leave company
Arthur J. Gallagher’s chairman of international development John Hastings-Bass will retire from the company in January 2015, the broker said today.
Brisbane storm claims rise to over 57,000
The number of insurance claims from last week's huge hailstorm in Brisbane have climbed to 57,970 as of Tuesday morning.
Ace shuffles Australian financial lines team
Insurer Ace has promoted two staff and recruited a former broker in its Australian financial lines division.
Premiums in 'emerging Asia' to grow 12.8% in 2015, says Swiss Re
According to reinsurance giant Swiss Re general insurance premiums in 'emerging Asia' countries are set to grow 12.8% on average in 2015.
Almost 40,000 claims from Brisbane storm
Last week's supercell storm in Brisbane has led to 39,677 insurance claims and will cost insurers over A$200m (£108m).
Thousands of claims after huge hailstorm hits Brisbane
Insurers have received over 8,000 claims after a huge hailstorm yesterday in Australia's third largest city.
Towers Watson makes two senior appointments in Asia
Towers Watson has made two senior insurance management appointments in Asia.
JLT gains approval for Indian joint venture
Jardine Lloyd Thompson is set to launch its operations in India following this summer's acquisition of a 26% stake in Sunidhi group's Independent Insurance Brokers.
C-Suite: Are you afraid of the cloud?
The rush to the cloud has thrown into stark contrast a difficult situation for insurers writes James Maudslay.
Mixed results for Japan's general insurers in first half
For the period April to September, two of Japan's three major general insurers booked record profits but another saw profits fall 47.1%.
Chinese insurer buys Sydney's Sheraton on the Park
Sunshine Insurance has splashed out A$463m (£254m) on the iconic Sydney hotel.