Asia
China Taiping's restructure moves forward
The Ministry of Finance and the Chinese Insurance Regulatory Commission have given China Taiping Insurance Holdings' parent TPG Group approval to begin a restructure of its insurance businesses.
RIMS offers help for Chinese market
The global risk management society RIMS has released a report on implementing an insurance program in China.
ADB pilot aims to bring affordable crop insurance to Bangladesh
A new initiative from Japan and the Asian Development Bank could make crop insurance a viable option for Bangladeshi farmers.
100 000 left homeless by Sichuan earthquake
A 6.6 magnitude earthquake in the Sichuan province of China has left nearly 100 000 Chinese homeless, and may have dealt severe damage to insured industrial facilities in the region, according to Eqecat.
Management consultant in Singapore hires three insurance veterans
Solutions Providers, a management consultant for financial services, has appointed three senior insurance professionals to its management team.
2013 general insurance premiums to grow strongly in Malaysia
The General Insurance Association of Malaysia expects general insurance gross written premiums to rise between 6% and 9% in 2013.
Economic slowdown hampering risk readiness
According to the biannual 2013 Aon Global Risk Management Survey, the majority of industries have seen a decline in risk readiness since the 2011 survey.
Large earthquake hits Sichuan province, China
A shallow earthquake estimated to be between magnitude 6.6 and 7 struck China's Sichuan province on 20 April.
The week's top five Asian news stories
The top five Asian news stories that you have been reading in the the last week.
China's insurance market to become second largest, says Allianz
China's insurance market will become the second largest insurance market in the world within a decade according to a new report from Allianz.
Asia View from the Top: Regulating consumer protection
Martin Noble, senior manager, insurance, Financial Services Regulatory Center of Excellence, Asia Pacific, KPMG, discusses how consumer protection regulation could be a distribution game changer in Asia.
Ping An releases online bird flu cover
500 bird flu insurance policies have been sold since 12 April by Chinese insurer Ping An, as poultry industry losses hit 10bn yuan.
Global insurance rates climbed in first quarter, according to Marsh
Global insurance rates climbed 0.3% in the first quarter of 2013 bolstered by the US market, continuing an 18 month trend, according to Marsh’s latest global insurance market quarterly briefing.
Mystery over source of bird flu in China
Dr Zeng Guang, the chief of epidemiology at the Chinese Centre for Disease Control and Prevention has revealed that 40% of the 82 confirmed H7N9 bird flu victims have not had recent contact with poultry.
CIRC raises insurer share cap for domestic investors
The China Insurance Regulatory Commission has raised the limit for domestic investors in insurers to 51%.
Lloyd’s members agency Alpha unveils new chairman following buyout
Lloyd’s members agency Alpha Insurance Analysts has appointed John Scott as non-executive chairman, subject to approval of both the Financial Conduct Authority and Lloyd’s.
Prudential appoints marketing chief in Hong Kong
Anthony Shaw (pictured) has been promoted to chief officer, marketing and customer service for Prudential in Hong Kong.
AIA rolls out 50 000 ipads
Life insurer AIA to complete roll out of 50 000 ipads across 16 countries to salespeople.
United India wants to expand agriculture insurance to Maharashtra
United India Insurance wants to sell agriculture and weather products in Western India.
Hong Kong Consumer Council slams insurance regulator levy
Controversy over the funding of the new insurance regulator in Hong Kong.
South Korean refiners struggling to insure Iranian oil
South Korea is the latest country to struggle to find insurance for oil imports from Iran after tough EU and US sanctions.
Bird flu spreads; cases rise to 60; 13 dead
The number of cases of bird flu continues to rise in China, but there is still no evidence of human to human transmission.
Thai premiums to grow strongly
The Thai General Insurance Association is predicting a robust second half for premiums in 2013.
Pacific Prime wins top broking award
Hong Kong based broker Pacific Prime has won the award for Bupa International’s top global distributor.