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Asia

Tucker: Solvency II is not an "ideal model" for Asia

As the Office of the Commissioner of Insurance in Hong Kong weighs up the implementation of a risk-based capital regime, Mark Tucker, the CEO of AIA, said today that Solvency II was not an "ideal model" for Asia.

AIA profits climb 34%

Hong Kong-based life and health insurer AIA posted pre-tax profits of $1.93bn for the first six months of the year.

AIR appoints COO

Catastrophe modeling firm AIR Worldwide has appointed Bill Churney to the position of chief operating officer.

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