Asia
AJ Gallagher targets reinsurance expansion in Asia
Arthur J Gallagher (Singapore) is targeting 30% reinsurance premium growth this year as the broker promotes Maxwell Sung to managing director of reinsurance.
Aviva 'seeking India exit'
There are reports that Aviva is seeking to exit from its joint life insurer venture in India.
Asia View from the Top: Islamic insurance at the crossroads
Steven Dewhurst, partner at DAC Beachcroft, suggests regulatory action is needed to help tighten up the takaful market.
Europe's floods hit Munich Re's profits in Q2
Munich Re's profits fell considerably in the second quarter compared to the same period in 2012 as it booked a huge cost for the recent European floods.
Herratt joins Cooper Claridge-Ware
David Herratt, former acting CEO of the Hong Kong office of broker Swiss Insurance Partners, has joined Hong Kong-based broker Cooper Claridge-Ware.
Earthquake strikes Japan; no damage reported
A magnitude 6.0 earthquake struck off the coast of Japan yesterday (4 August) but there was no reports of damage.
Huge reinsurance growth potential in Asia, says Fitch
Global ratings agency Fitch believes there is significant room for the reinsurance market in Asia to grow given relatively low insurance penetration in Asian markets.
CIRC confirms end to life insurance interest rate cap
China's Insurance Regulatory Commission has confirmed the end to the 2.5% cap on interest rate for standard life policies.
Tropical storm Jebi causes airport and shipping disruption in China
About 5 000 tourists have been stranded at an airport in south China's Hainan Province due to the arrival of strong tropical storm Jebi.
Complaints rise against Chinese insurers
There was a 54% rise in complaints against Chinese insurers in the first half of the year.
XL appoints David Guest in crisis role
XL has appointed David Guest as underwriting manager, crisis management, Asia.
Natural disasters increase demand for property insurance in Kazakhstan
Kazakhstan’s plans to develop compulsory natural disaster insurance policies will stimulate the growth of the insurance industry until 2017.
RSA grows premiums 20% in Asia
RSA grew its Asian premiums by 20% in the first half of 2013 compared to the same period last year.
How big data is changing the world
Insurers welcome the availability of more information on their insureds, but the handling of so much data presents many challenges. Sam Barrett investigates.
Philippines considers mandatory earthquake cover
Lawmakers in the Philippines are considering a bill to recommend mandatory earthquake insurance.
Axa partners with SingPost
Axa has entered into a partnership with SingaporePost to sell life insurance products in Singapore from January 2015.
Speakers confirmed for Claims Club Asia Singapore
Claims Club Asia is coming to Singapore on 12 September.
Asia boosts JLT's profits
Broker JLT posted total revenues up 10% to £487.2m ($740m) for the first six months of 2013, boosted by strong organic revenue growth of 7%.
Philippines moves to three year insurance licenses
The Philippines is set to approve three year insurance contracts running from January to December as opposed to annual licenses running from June.
JLT's H1 revenue rises 10% after strong organic growth
Broker JLT posted total revenues up 10% to £487.2m for the first six months of 2013, boosted by strong organic revenue growth of 7%.
View from the Top: China's growing investments in Europe
Over the last decade, there has been a steady increase in the value and volume of Chinese investments in Europe regardless of continuing uncertainty in the eurozone. A senior Chinese broker tries to understand why.
Tokio Marine targets South-East Asia for growth
Japan's second largest general insurer Tokio Marine is looking to expand its presence in South-East Asia.
China's motor insurance regulatory reforms postponed
China will now introduce reforms to motor insurance pricing over three years instead of by this September.
Aviva plotting Indonesia life expansion
Aviva is looking to enter into an Indonesian life distribution deal with Astra International, a division of Jardine Matheson, according to the Sunday Telegraph.