Asia
Indian insurers face $107m loss over refinery
A vapour fire explosion at an oil refinery owned by HPCL-Mittal Energy in Bathinda, Punjab has triggered a major claim.
Over 460 dead from Pakistan and India flooding
460 people have been killed by horrific floods in India and Pakistan which have already displaced a million people.
XL transfers kidnap and ransom underwriter to Asia
XL Group has transferred kidnap and ransom underwriter Alex Smith to Hong Kong to establish a kidnap and ransom capability in Asia.
Zensar targets Middle East with Agile partnership
Global software provider Zensar is partnering with Agile Financial Technologies as it ramps up its Middle East presence.
Sompo Japan offers typhoon insurance for island in Philippines
PGA Sompo Japan will offer 'Typhoon Guard' for agricultural producers on the island of Mindanao in southern Philippines.
Winners unveiled for the Hong Kong Insurance Awards
The winners of the first Hong Kong Insurance Awards have been announced.
China upgrades premium growth projections
The China Insurance Regulatory Commission is predicting 17% premium revenue growth each year until 2020.
Colahan to leave RSA for Berkshire Hathaway in Australia
Post understands Chris Colahan, CEO RSA Asia, is leaving the company to oversee a new operation for Berkshire Hathaway in Australia.
Indian select committee meets as South African firm readies investment
The long awaited insurance reforms in India have potentially moved a step closer with the first meeting of a new select committee.
International: The state of piracy
With the nature of the piracy threat constantly evolving, John Thompson looks at the role of private maritime security companies in mitigating the risk
ASEAN Insurance Council launches Singapore insurance summit
The first Association of South-East Asian Nations Insurance Summit will take place on 1 October in Singapore.
Interview: Mike Ramsay, senior director, Alliance
Andrew Tjaardstra speaks to Mike Ramsay, director and co-founder of Alliance, who is bullish about his broker’s prospects.
IUMI readies for Hong Kong conference
The International Union of Marine Insurance has released details of the agenda for its September annual conference in Hong Kong.
23 Chinese insurers fined for fixing motor insurance prices
23 general insurers in Zhejiang province, China, have been fined 110m yuan (£10.9m) for colluding to fix prices.
Research centre warns on Australia summer bushfire risk
The Natural Hazards Cooperative Research Centre in Australia is warning of a greater than normal chance of bushfires across much of Australia for summer 2014-15.
Suspected Japanese crime groups to be offered motor cover
General insurers in Japan will be allowed to sell motor cover to suspected crime syndicates from next month according to a report from the Japan Times.
Hancock starts AIG CEO role
As of yesterday, Peter Hancock assumed the role of president and CEO of AIG, and has joined AIG’s board of directors.
Lloyd's extends Construction Consortium for Asia
After launching last year in London, Lloyd's has extended its Construction Consortium to Asia.
Latitude launches after out-of-court settlement
After gaining regulatory approval, a Cooper Gay-backed Hong Kong marine broker has opened as a separate entity.
China endorses Hong Kong voting rules for 2017
The National People's Congress in China has approved a framework for Hong Kong voting reforms for 2017 which could lead to street protests in Hong Kong.
Brokerslink gears up for Venice conference
More than 200 broking delegates from 70 countries are expected to participate in this year's Brokerslink conference in October.
Munich Re's head of China and Hong Kong takes up global marine role
Munich Re's chief executive of Greater China and Hong Kong John Wilkinson has been appointed CEO of Munich Re’s global marine partnership.
C-Suite: Understanding cyber risk in Asia
Aon's Murray Wood argues companies need to invest in cyber protection as threats become more common and varied.
Miller appoints Beattie to head Asian construction unit
Miller has appointed former Willis divisional director Paul Beattie as its head of construction for Asia.