Asia
Increased typhoon activity in East Asia expected, says Munich Re
Overall insured losses from weather events in the last three decades in East Asia have hit $6bn as floods and typhoons increase. The situation could be about to worsen.
Good fourth quarter renewal prospects for airlines, says Willis
Abundant capacity, high levels of competition, limited loss activity and an aggressive broking community will benefit airline insurance buyers renewing in the final quarter of 2013, according to Willis Group.
Devastation escalates after Philippines' super typhoon Haiyan
Catastrophe modelling firm AIR Worldwide says devastation in the Philippines following last week’s super typhoon Haiyan is continuing to escalate.
Lockton appoints risk management expert in Hong Kong
Lockton has appointed Eric Tsui from HK Electric to lead its power, energy and construction group in Hong Kong.
Health tops middle class priorities in China, Taiwan and Hong Kong, says AIA
The middle class in China, Taiwan and Hong Kong are placing health above wealth and career according to a survey from AIA.
Life insurance sector robust in Singapore
The total amount of new life insurance premiums increased 27% in the first nine months of 2013 compared to the same period last year.
Thousands dead after one of strongest typhoons in history
The death toll could surpass 10,000 in the Philippines as the country counts the costs of typhoon Haiyan which made landfall over the weekend.
RMS predicts Haiyan as strongest tropical cyclone in history
Catastrophe risk modelling firm RMS has said category five super typhoon Haiyan, which hit the Philippines today, could be the strongest tropical cyclone in history.
Join a fantastic evening for claims professionals in Asia
There is still an opportunity to attend the Claims Awards Asia on 19 November in Hong Kong, a fabulous networking opportunity for claims professionals in Asia.
Millions flee record typhoon Haiyan in the Philippines
A category five super typhoon has made landfall in the Philippines on the islands of Leyte and Samar, and is likely to hit close to Cebu and the capital Manila.
First Chinese online insurer launches in Shanghai
Zhong'an Online Property insurance has launched as the first online insurance company in China.
Three senior hires for Canopius' Singapore office
Canopius is growing its Asian operations with three senior hires in its Singapore office.
Over 170m low-income people using microinsurance in Asia-Pacific
According to research by the Munich Re Foundation and GIZ, which assists the German government in sustainable development, the microinsurance sector in Asia-Pacific has reached 172m lives representing a 40% annual growth rate between 2010 and 2012.
Qatar bullish on Asian reinsurance market
The 1st Asia Reinsurance Barometer, published by the Qatar Financial Centre Authority, finds that the region's reinsurance markets are "still bustling with confidence", although "the outlook on pricing and profitability for the next twelve months is…
Zurich's head of corporate business hails opportunities of urbanisation
Thomas Hürlimann, CEO global corporate, Zurich sees a bright future for the insurer in the Asia-Pacific region as people flock to cities near shorelines and fault lines.
View from the Top: Foreign investment controls in Asia-Pacific
Two lawyers from DLA Piper give an insight into foreign direct investment limits in the Asia-Pacific region.
Crawford hit as Thai flood work tapers; affirms full year guidance
Adjusting giant Crawford has seen its total consolidated global revenues fall 3% in the third quarter of 2013, with the Europe, Middle East, Africa and Asia Pacific regions witnessing revenues tumbling by 12%.
AIG opens Hangzhou office
AIG China, the largest foreign property & casualty insurer in China, has opened a branch in Hangzhou, the capital city of Zhejiang province.
Asians have huge savings gap, says Manulife
A savings gap between the expected savings and actual retirement needs of Asia investors points to financial hardship in retirement for many, according to the latest Manulife Investor Sentiment Index.
Is Singapore becoming more attractive than Hong Kong?
In recent years the industry has seen a slew of insurers announce that Singapore would now be their regional headquarters while more could be in the pipeline writes Justin Harper.
XL Group appoints Asia property fac head
XL Group has appointed Pamela Ross to the position of vice president, property facultative for the Asia region.
Ping An's profits more than double in Q3
Insurance and banking group Ping An saw a 115% increase in profits in the third quarter of 2013.
Over 40 people die in Indian floods
48 people have been reported dead in floods in the Indian states of Andhra Pradesh and Orissa within the last week.
Aon increases profit and revenue in Q3
Aon has reported organic revenue growth of 3% with total revenue of $2.8bn (£1.7bn) in quarter three of 2013.