Asia
Super tall building construction shifting East, says Allianz
Super tall buildings once the preserve of the US have been springing up across Asia and the Middle East and they are becoming taller.
RSA unveils changes to global broker function
Former Benfield Group general counsel Derek Walsh will take over responsibility for RSA’s global broker sales with key relationship managers following the retirement of Paul Donaldson at the end of the month.
Q&A - Michael Butt: The impact of climate change
Some 67 insurance and reinsurance chief executives recently signed The Geneva Association’s Climate Risk Statement in Canada. Michael Butt, chairman of Axis and co-chair of the association’s extreme events and climate risk working group, comments on the…
Peak Re appoints credit underwriter
Hong Kong-based reinsurer Peak Re has appointed Kathleen Koh as senior vice president to underwrite credit and surety business.
Expats driving demand for private health insurance in Asia
Demand for private health insurance in Asia has never been greater according to Andrew Apps, a director at international health insurer ALC Health.
Lloyd's backed underwriting agency opens in New Zealand
Delta Insurance has launched in New Zealand to try and capitalise on increased market consolidation.
China Taiping's profits fall in Macau
Profits at Chinese insurance conglomerate China Taiping in gambling mecca Macau declined year on year in 2013.
Munich Re's general insurance arm buys in Singapore
Ergo, a wholly owned subsidiary of Munich Re, has bought property and casualty insurer SHC Insurance for €66m ($90m).
Insurers weighing up benefits of Shanghai free trade zone
Nicky Burridge finds out if China's attempts at opening up trade in one of its economic powerhouses is helping insurers.
Malaysian bank slammed for Hong Kong maids' insurance advert
Hong Leong Bank has been slammed by domestic workers' groups in Hong Kong for an advert portraying a Chinese actor playing the role of a clumsy maid.
Moody's revises outlook for global reinsurers as non-cat purchasing declines
Moody’s has revised its outlook for the global reinsurance sector over the next twelve to eighteen months to negative, as “pressures on several fronts” threaten to erode profit margins.
Peak Re appoints director for China
Hong Kong-based reinsurer Peak Re has appointed Helen Qian Mei Hong as director for China.
Goldman Sachs advising RSA on potential Asia arm sale
According to a market source investment bank Goldman Sachs is advising RSA on a bid to sell the insurer's Asian operations which could be worth up to $500m.
RSA preparing to divest Asian operations, states report
RSA is looking to offload its Asian operations in an auction that could generate up to $500m (£294m), according to a Reuters report.
Peak Re unveils positive first year results
In its first full year of operations Hong Kong-based reinsurer Peak Re has unveiled 2013 profits of $103m (£61.8m).
Data sovereignty increasingly important in Asia, says Equinix
International data centre operator Equinix believes insurers need to think more about where their data is stored as regulations increase in Asia.
ING insurance IPO share price range gives value of €7bn
ING has set a pricing range for the sale of shares in its European insurance arm that indicates the business is worth roughly €7bn.
ASEAN economies worth $2.31trn, says AM Best
According to analysis by AM Best the 10 ASEAN region economies are becoming an integral part of the global economy.
Makhoul appointed as executive chairman for Marsh MENA
Marsh has appointed Robert Makhoul as executive chairman for Marsh Middle East and North Africa.
Families receive MH370 compensation payouts
Families of passengers on missing Malaysia Airlines flight MH370 have begun receiving compensation payouts of $50 000 (£29 454).
QBE creates emerging markets division
QBE's new division will include its Latin America and Asia-Pacific arms and be led by the insurer's Asia-Pacific CEO David Fried.
Marsh appoints non-exective director
International broker Marsh has appointed the CEO of the UK's Met Office John Hirst as non-executive director.
Compton leaves KPMG to join Mapfre in China
KPMG's head of insurance consulting for Mainland China Tony Compton is leaving the consultancy to join Spanish insurer Mapfre's Chinese operations.
Hong Kong ferry crashes in Macau
A TurboJet ferry traveling from Hong Kong to Macau crashed into a breakwater in Macau harbour on Friday morning injuring 70 people.