Asia
AIA recruits Saunders from Towers Watson
AIA has appointed Mark Saunders as group head of strategy and corporate development and a member of the AIA group executive committee.
Japanese insurers to shrug off snow, says Fitch
The worst snowfall in several decades in central and North-Eastern Japan is unlikely to damage the earnings profile of general insurers, says Fitch Ratings.
Cooper Gay rebrands and strengthens marine division in Asia
Cooper Gay has rebranded its marine insurance business in Asia as Latitude Brokers and appointed three brokers to the team.
Hiscox announces Direct Asia acquisition
Hiscox has acquired Singapore-headquartered Whittington Group’s online business DirectAsia, subject to regulatory approval.
Arthur J Gallagher creates Asia hub
Arthur J Gallagher has appointed Dick Heath as head of its newly created regional hub Arthur J Gallagher Asia.
Zurich appoints Holce head of motor claims, Asia-Pacific
Peter Holce has moved from Aviva in the UK to work for Zurich's Asia-Pacific claims team based in Kuala Lumpur.
Malaysia Insurance Institute to help Cambodia in training
The Malaysian Insurance Institute and the Insurance Association of Cambodia have signed a memorandum of understanding to help enhance insurance knowledge and skills development for the insurance profession in Cambodia.
Indian opposition to consider increase in foreign investment cap
As Indian political elections loom, the opposition party has pledged to consider raising the foreign investment cap in insurance from 26% to 49%.
Claridge-Ware to leave Hong Kong
Christopher Claridge-Ware is to leave his position as CEO of Hong Kong international health broker CCW Global.
Allianz Global Corporate & Specialty's profits rise 16%
Operating profit at Allianz Global Corporate & Specialty in 2013 climbed 16% to €483m compared to €416m the previous year.
RSA's Asia division under review
RSA's Asia division is potentially up for sale after new group CEO Stephen Hester excluded the region from its core business strategy going forward.
RSA reports £244m loss as Hester says UK 'needs to improve'
RSA Group this morning reported a pre-tax loss of £244m in 2013 (2012: £448m profit).
RSA launches £775m rights issue
RSA is aiming to raise £775m in a rights issue, dispose of several geographic divisions and will not pay a dividend for 2013 after a pre-tax loss of £244m.
Ace rings senior changes in Asia-Pacific as it targets emerging markets
John French, Ace's country president of Hong Kong, Taiwan and Macau is leaving his role after seven years to move to Australia with the insurer.
Senior claims specialist moves from AIG to Allianz in Hong Kong
Patsy Wong has been recruited by Allianz Global Corporate & Specialty as head of long tail claims for Hong Kong and Greater China.
Now Health appoints general manager in Singapore
International health insurance provider Now Health International has recruited Rob McIntyre as general manager of its newly opened Singapore operation.
Claims Conference Asia Q+A: Duncan Howorth, CEO Asia, JLT
Post interviews Duncan Howorth, CEO Asia, JLT ahead of the Claims Conference Asia 2014 on 20 March in Hong Kong.
Zurich recruits from Axa for Hong Kong health role
Zurich has appointed Elaine Chan to the position of senior head of the medical division of its general insurance business in Hong Kong.
Digital Channels: The future is digital
Insurers must perform a root and branch review of their digital channels if they want to remain competitive in the coming years.
Cigna partners in India with TTK
US health insurer Cigna has entered into a health insurance joint venture with Indian conglomerate TTK Group. The new venture is to be called Cigna TTK.
QBE's results 'well short of expectations', says chairman
QBE has succumbed to a loss of $254m (A$281m) for the full year 2013 compared to a net profit of $761m in 2012.
QBE appoints head of underwriting, Asia-Pacific
QBE Asia-Pacific has promoted Todd Wilhelm to the role of head of underwriting.
JLT opens second shared service centre in Asia
Jardine Lloyd Thompson has launched its second shared service centre in Asia to help improve efficiency at the international broker.
Airclaims to embark on Asia-Pacific recruitment drive
McLarens-owned aviation loss adjuster Airclaims is planning to embark on a recruitment drive in Asia-Pacific following increased demand for its services in Singapore, Australia, New Zealand and India.