Asia
White House to warn climate change is already here
The National Climate Assessment, a report compiled by 300 leading scientists and experts, is set to reveal the US is already suffering from the affects of climate change.
DLA Piper appoints head of corporate, Asia
DLA Piper has appointed Paul Chen as head of corporate, Asia and will be based in Hong Kong.
ING offered €1.275bn of funding before insurance IPO
Dutch financial services firm ING Group has secured €1.275bn of funding in its European and Japanese insurance division NN Group from three Asian investors.
Poon moves to chairman at Hong Kong Federation of Insurers
Jimmy Poon, CEO of Dah Sing Insurance, has been appointed chairman of the Hong Kong Federation Insurers and a councillor of HKFI’s General Insurance Council for 2014/15.
Peak Re forms Australian partnership
Peak Re and Sydney-based reinsurance consultancy MacquarRe have signed a co-operation agreement.
New Zealand regulator delays IAG Wesfarmers decision
The New Zealand regulator has once again delayed a decision on approving Insurance Australia Group's acquisition of Wesfarmers' underwriting division.
FWD opens in the Philippines
Hong Kong-based life insurer FWD to set-up in the Philippines.
Chinese regulator examines intermediary market
The China Insurance Regulatory Commission is attempting to clean up the intermediary market in the country.
Ace completes Thai purchase
Ace has completed its acquisition of a 60.9% stake in the general insurance division of Siam Commercial Bank for $190m (4.5bn baht).
Crawford makes third party administrator Broadspire global
Loss adjuster Crawford claims it has introduced the first 'truly global' third party administration service.
Allianz reports top ten driving distractions
The Allianz Center for Technology has unveiled the top distraction for drivers is phone use at the wheel.
Zurich offloads MCIS stake in Malaysia
Zurich is selling its 40% stake in Malaysian insurer MCIS Zurich for $93m (MYR 304m)after being required to sell it because of another acquisition.
JLT recruits from Ace for Indonesia CEO hire
JLT has appointed Rosmaylinda Nasution as the chief operating officer and chief executive of JLT Indonesia.
C-Suite: Meeting customers' expectations
A detailed understanding of your customers and repeatedly matching their expectations is crucial to becoming a leading brand argues SSP's Jerrry Hall.
Singapore progressing on contract certainty; December deadline looms
Singapore reinsurance market on track to meet the December 2014 contract certainty deadline if more companies make an effort to engage.
Lloyd's confirms Bryant's Hong Kong appointment
Lloyd’s has appointed former Zurich regional head of international customer, distribution and marketing Dylan Bryant as its general representative in Hong Kong.
At least $100m of cover for passengers of stricken South Korea vessel
Post understands international broker Willis helps place reinsurance covering members of the Korean Shipping Association of which the owners of the stricken Sewol is a member.
AIG launches oil and gas product for ASEAN region
AIG is providing an 'OSCAR' insurance policy for oil and gas service contractors in the ASEAN region.
JLT creates Hong Kong political and credit risk team
JLT has created a credit, political and security risks team in Hong Kong by hiring Edmond Yun as divisional director, and employing Stephen Chan and Koh Wei Jun as account managers.
Asia-Pacific significantly underinsured for catastrophes, says Asia Development Bank
The Asian Development Bank has warned in a report that underinsurance for natural catastrophes in the region is enough to wipe out economic gains from GDP.
Liberty Specialty appoints Beechey in Asia financial risk role
Liberty Specialty Markets, in conjunction with Liberty International Underwriters Asia-Pacific, has appointed Andrew Beechey as head of global financial risks, Asia-Pacific.
China consults on cross-province internet life insurance
The China Insurance Regulatory Commission is consulting on allowing insurers to sell 'simple' life insurance products outside their provinces on the internet.
Zurich wants Shanghai branch and China acquisitions
Zurich is seeking a Shanghai branch and merger and acquisition opportunities in China.
Markel's Tidey moves from Stockholm to Singapore
Specialty insurer Markel has appointed Luke Tidey as an assistant marine underwriter in its Singapore office.