Asia
China sets up first marine insurance association
China has launched its first professional marine insurance association called the Shanghai Institute of Marine Insurance.
Amlin Singapore launches P&I business with Raets Marine
Amlin Singapore has launched a shipowners’ protection and indemnity (marine liability) business and local charterers’ liability insurance in Singapore, in conjunction with Raets Marine.
AIA pens 15 year 11 country deal in Asia-Pacific with Citibank
AIA and Citibank have reached a huge 11 country 15 year bancassurance distribution agreement for life and health insurance products at Citibank's 600 strong Asia-Pacific branch network.
Sompo agrees deal for Canopius
Japan’s NKSJ Holdings has agreed a deal to acquire 100% of the shares of Canopius Group via its insurance subsidiary Sompo Japan Insurance.
The rise of price comparison sites in South East Asia
Price comparison websites are gaining in popularity in South East Asia as consumers catch on to the benefits of shopping around for insurance writes Nicky Burridge.
Ace makes two key appointments in Asia-Pacific
Ace has appointed Glen Browne to lead its accident and health business in Asia-Pacific and Edward Kopp as the country president of Korea, Ace American Fire and Marine Insurance.
Post expands coverage to include international insurance news
Post is delighted to confirm Insurance Insight is now part of postonline.co.uk giving our subscribers a truly global insurance view on the industry.
Mixed outlook for Chinese general insurance market, says Fitch
Fitch Ratings believes China's continued urbanisation and rising household wealth will sustain the growth dynamics of its general insurers, but says intense rivalry will further weaken the sector's underwriting margin in 2014.
Hong Kong premiums grew 14% in first nine months of 2013
Statistics from Hong Kong's Office of the Commissioner of Insurance indicate the SAR's total gross premiums to the end of Q3 amounted to HK$216.8bn ($28bn), representing an increase of 14% over the same period in 2012.
View from the Top: The Philippines' exposure to disasters
A senior broker in the Philippines reflects on the devastation wrought by super typhoon Haiyan and the implications for the Philippines' government and insurance industry.
Fitch Ratings expects further Malaysia market consolidation
In an outlook report, Fitch Ratings believes the requirement for composite insurers to segregate operations into life and general insurance units could mean further consolidation in the market.
First Singapore riots in 30 years
27 people were arrested in Singapore yesterday after a riot in Little India was triggered by the death of an Indian national.
International: Europe: Weathering the storm
In the wake of devastation caused by typhoon Haiyan in the Phillippines, what is the future for insurance in disaster-prone regions?
Insurance think tank head to step down
The Geneva Association's Secretary General, John Fitzpatrick, has informed the board he will not stand for reelection at its General Assembly in May 2014.
2013 review: Singapore's expanding expertise
2013 has been another busy year for Singapore’s insurance sector as it continues to evolve as a regional hub writes Justin Harper.
Philippines typhoon dominates November catastrophes
Super typhoon Haiyan which killed over 5 000 people dominated the November global catastrophe list.
Chinese catastrophe insurance scheme "to be launched within a year"
Moody's expert suggests Chinese social security reforms will help launch a government backed catastrophe scheme by the end of 2014.
Hong Kong confirms first H7N9 bird flu victim
After Indonesian diagnosed, Hong Kong has isolated 17 people and placed 200 under observation after confirming its first bird flu case.
Interview: Ian Parker: Taking the scenic route
Ian Parker’s search for the right firm took him across the globe before he finally found his ‘sweet spot’ with Equity. The chief executive tells Post why the insurer is such a perfect fit.
China pipeline explosion sees ¥4.6m in claims
The China Petroleum & Chemical Corporation has received an estimation of ¥4.6m ($755 000) in claims from an oil pipeline explosion in Qingdao province, according to the China Insurance Regulatory Commission.
Singapore's trade financing given major boost
A new Trade Facilitation Scheme organised by International Enterprise Singapore aims to address financing gaps for Singapore companies trading in emerging markets.
PT Asuransi Allianz in Indonesia microinsurance push
PT Asuransi Allianz Life Indonesia has launched life, house and health products targeted at low income families.
Hyperion seeks new chairman
Hyperion Insurance Group’s non-executive chairman John van Kuffeler will retire from the board next month following five years at the broker.
Nine arrested over Chinese oil blast
Following last Friday's blast at a China Petroleum & Chemical Corp (Sinopec) oil factory, nine people have been arrested.