Asia
Guidewire secures Axa Tianping as first customer in China
Chinese motor insurer Axa Tianping (recently renamed) has selected Guidewire ClaimCenter as its new claims management system.
China's property and casualty premiums grew 17% in 2013
According to ratings agency Moody's total Chinese property and casualty premiums increased 17.2% in 2013.
C-Suite: Empowering young Asian professionals
A senior Indonesian insurance broker reflects on how companies in the Asian insurance sector can help attract, retain and develop the best young graduates.
ICA asks Australian financial inquiry to focus on regulation
The Insurance Council of Australia has asked Australia's Financial System Inquiry to focus on more efficient industry regulation, less restrictive prudential requirements and tax reform.
Bima set to expand in Asian and Lat Am markets
Emerging markets mobile insurer Bima has raised an additional $22m (£13.2m) to support its expansion into several new markets in Africa, Asia and Latin America.
Ace unveils head of life in Korea
Ace Life has appointed Young Ho Lee as the new country president to lead its life operations in Korea effective 14 April.
Peak Re appoints from Marsh for head of claims
Peak Re has appointed Sophia Chiu as senior vice president for claims.
QBE has 5.7% GI market share in Hong Kong
QBE ranks second out of over 100 insurers in Hong Kong for placed net premiums in general insurance.
Interview: David Fried, CEO, Asia-Pacific, QBE
Editor, Asia at Post Andrew Tjaardstra interviews David Fried, CEO, Asia-Pacific QBE at the Australian insurer’s new regional office in Quarry Bay, Hong Kong.
Rainstorm and hail slams Hong Kong
Hong Kong was hit by a strong rainstorm on Sunday causing a shopping centre roof to collapse.
Singapore consults on risk-based capital
The Monetary Authority of Singapore has launched a second consultation on a risk-based capital regime.
Generali expands Asia-Pacific business with Mitsui tie up
Italian insurer Generali has completed a deal to expand its operations in Asia and Oceania in partnership with Mitsui Sumitomo
Court injunction out on two Hong Kong brokers
Two brokers stole confidential information in a systematic way before joining another broker in Hong Kong, according to a senior market source
M&A more attractive than start-ups in Asia, says Towers Watson
According to consultancy Towers Watson regulatory restrictions make insurer acquisitions more attractive than start-ups in Asia.
FWD appoints industry veteran as CEO
New insurer FWD has appointed industry veteran Huynh Thanh Phong as CEO.
Marsh appoints Zhao as China chairman
Marsh has appointed Madam Zhao Shuxian as chairman of Marsh China. Starting this week, Zhao will be based in Beijing.
C-Suite: Preparing for ASEAN 2015
By the end of 2015, the ASEAN will be united in a common regional market, the ASEAN Economic Community. This will present great opportunities but countries need to be fully prepared.
Claims Conference Asia 2014 attracts cream of claims professionals
Claims Conference Asia 2014 was held on 20 March in Hong Kong and attended by over 100 claims professionals from across the international claims market.
Claims Conference Asia: 'Asia reclaiming its rightful place in history'
Duncan Howorth, JLT CEO, Asia, struck an optimistic note when talking about the rise of Asia at last week's Claims Conference Asia, but warned more sophisticated risk management will be needed.
Hong Kong passes 50% tax concession on captives
The Legislative Council of Hong Kong has passed a bill to revise the Inland Revenue Ordinance to provide captive insurers with a 50% concession on profits tax for their offshore risk business.
Ace rejigs financial lines team in Asia-Pacific
International insurer Ace has made several changes to its financial lines team in the Asia-Pacific region.
Willis launches representative office in Myanmar
Broker Willis has opened a representative office in Myanmar following a “growing wave of interest” from clients.
Miller recruits from Asia Capital Re to develop regional reinsurance book
Miller has recruited a non-marine treaty reinsurance specialist from Asia Capital Re to bolster its presence in Asia.
Asia pet insurance market offers huge opportunity
The number of households in China and South-East Asia that have pets is soaring, offering significant opportunities for insurers to provide pet policies writes Nicky Burridge.