Asia
XL's Sharp moves to Asia as food scandals rock global brands
Ben Sharp, a product recall underwriter at insurer XL, has relocated to Singapore from London as appetite for the product increases.
Aon appoints chief information officer
International broker Aon has named John Bruno as chief information officer and executive vice president of enterprise innovation.
Independent oversight body formed in Australia
In Australia a new independent body has been created that will oversee the revised General Insurance Code of Practice.
Zhang takes up Canopius China role
Specialty insurer and reinsurer Canopius has appointed Shibo Zhang as head of China market.
Markel applies for trade credit license in Dubai
Specialist insurer Markel is hoping to receive a license to offer trade credit insurance in Dubai by the end of 2014.
JLT growing strongly in Asia
In the first half of the year revenue at JLT Asia's risk and insurance portfolio grew 9% while its employee benefits book climbed 35%.
Significant rate increases likely after disastrous period for aviation market
Sector facing highest losses since 9/11 following spate of tragedies in 2014
Lloyd's coverholder promotes two in Hong Kong
SART Underwriting, a Lloyd's coverholder based in Hong Kong, has made two promotions.
Australian broking group expands with two investments
Sydney-based broking group Austbrokers has invested in a broker and underwriting agency in Australia.
Shares slump at QBE after profit warning
Australian giant QBE has announced its first half results are likely to miss profit expectations by almost A$200m ($188m).
Tourism Authority of Thailand launches travel insurance
The Tourism Authority of Thailand has teamed up with four Thailand insurers to offer online travel insurance.
AIA beats profit forecast
Hong Kong-based life and health insurer AIA's profits fell 20% in the first half of 2014 which was better than analysts' expectations of 28%.
War risks market faces 'substantial rate increases' in wake of MH17 loss
The war risks market is likely to experience “substantial rate increases” following the total loss of Malaysia Airlines flight MH17, according to a report by AM Best.
Willis recruits two directors from Marsh in Asia
Willis has made two managerial appointments in its technology and risk services divisions in Asia.
First half catastrophe losses 19% below 10-year average
Insured catastrophe losses for the first half of 2014 were $22bn and around 19% below the 10-year average of $27bn according to catastrophe modelers Impact Forecasting.
C-Suite: El Nino's impact on India
Although not fully formed, the weather phenomenon El Nino already appears to be impacting on rainfall in India writes Graham Cook.
Cathay Century is lead insurer for Taiwanese plane crash
The insurance coverage for yesterday's deadly plane crash on Penghu island is split between eight Taiwanese insurers.
Insurers adopt watch-and-wait approach to India ahead of proposed FDI changes
The proposed increase in the foreign direct investment cap in Indian insurers from 26% to 49% may not have the desired effect if the conditions for investment are too stringent, according to market commentators.
TransAsia plane crashes in Taiwan; 48 dead
A TransAsia Airways aircraft crashed yesterday in stormy weather on the island of Penghu in Taiwan. 48 people are dead and 10 are injured.
Ace launches information privacy cover in Singapore
Ace's product provides coverage against claims for privacy infringement liability or defamation.
Matmo dumps heavy rain on Taiwan
Typhoon Matmo drenched Taiwan causing at least one casualty; however, there was relatively little damage to property.
Towers Watson creates benefits broker operation in Singapore
Towers Watson has established a benefits brokerage operation called Towers Watson Insurance Brokers Singapore.
Rammasun kills over 100 as next typhoon forms
Typhoon Rammasun has killed 94 people in the Philippines and 33 in China with Typhoon Matmo following on its heels.
C-Suite: Japanese risks
Japan's risks are varied with earthquakes the major hazard. Simon Wallington, based in Tokyo, explores the different kinds of risks of doing business in the country.