Australia
Whiplash fraud “minimal” in Hong Kong says Kwiksure
Suspected whiplash frauds remain minimal in number in Hong Kong according to data from Asian broker Kwiksure.
Blog: The golden age of insurance?
With the global population surging, natural disasters increasing in frequency and a growing demand on natural resources, what role can the insurance industry play in the planet's future? Rowan Douglas explains.
Europe: Draining energy
Europe was fast out of the blocks with its carbon emissions schemes but the financial downturn and the emergence of Asia and Latin America is threatening its future, Steve Kingshott writes.
Changing climate brings 'new normal', says Geneva Association
The Geneva Association, a leading think tank of the global insurance industry, is worried some areas in the world are becoming uninsurable because of climate change.
Miller poaches Asia head from JLT Specialty
Miller has appointed Simon Weaver as head of Asia with effect from 1 September.
Primary insurance growth to outstrip reinsurance says Munich Re
The global insurance market will grow strongly over the next decade, according to Munich Re’s Insurance Market Outlook published this week.
Insurance communications Bill passed in Australia
The Insurance Contracts Amendment Bill 2013 has passed through the Australia Senate. According to the Insurance Council of Australia, the Bill will help give insurers more certainty when communicating with customers electronically.
Costs of Australia's disasters could triple by 2050
Costs of natural catastrophes in Australia could rise from A$6.3bn to A$23bn by 2050 as population density and storms increase according to a new white paper.
Airmic 2013: Language shift needed to raise supply chain awareness says FM Global
Risk managers need to overcome “misleading terminology” that leads company directors to underestimate their natural catastrophe exposure, according to Stefano Tranquillo.
Lloyd's broker Besso in Australia move
Lloyd’s broker Besso has stepped up its foray into international markets with a minority investment in Sterling Insurance in Australia.
Cooper Claridge Ware co-founder promoted to CEO
Hong Kong-based health insurance broker Cooper, Claridge-Ware has appointed co-founder Christopher Claridge-Ware as the company’s new chief executive officer.
Hong Kong’s slow moving health market
Although health insurance could be described as a sleepy business in Hong Kong, potential government reforms could bring about a shake-up in the market as Andrew Tjaardstra reports.
Insurance can support economic development in MENA region says Zurich
Insurance can promote economic development, create jobs and boost trade across the Middle East and North Africa region, a new report by Zurich has claimed.
Insurers urge Queensland to reconsider stamp duty rise
The Insurance Council of Australia wants Queensland's government to reconsider its 1.5% stamp duty increase on insurance products.
Clements creates insurance marketplace for UN staff
Clements Worldwide has launched a web-based marketplace, to provide insurance protection to the United Nations Federal Credit Union’s 100 000 members.
AIG tackles cyber risk via the ipad
AIG has launched an ipad CyberEdge product to help companies navigate through the challenges of cyber crime and data breaches.
PICC plans 5.8bn yuan rights offer to boost capital
Chinese insurer PICC Property & Casualty has signaled its intention to raise 5.8bn yuan ($944m) in a rights offer in China and Hong Kong.
Apac climate report highlights typhoons, droughts and air pollution
The Guy Carpenter Asia-Pacific Climate Impact Centre today released its annual report focusing on typhoon activity, the seasonal prediction of extreme droughts and floods, and the impact of local air pollution on climate.
China's watchdog encourages PE firms to invest in insurers
China’s insurance watchdog will permit limited partnership equity investment enterprises to invest in the countries insurers, in a bid to increase the flow of private funds into the insurance industry.
Cyclone Mahasen makes landfall "destroying thousands of homes"
The first tropical cyclone in the Northern Indian Ocean this season, Tropical Cyclone Mahasen, made landfall northwest of Chittagong, Bangladesh, at about 6am UTC on Thursday, May 16.
SSP strengthens Australia and Asia-Pacific team
Technology provider SSP has appointed Jerry Hall as business development manager for Australia and Asia-Pacific.
Markel International hires professional risks specialist
Markel International has appointed Bhavik Desai as an underwriter in its professional and financial risks division.
Information needs drive better claims management, says DCS Global MD
The need for more sophisticated management information is putting claims management at the forefront on insurance business, according to Jon Sitwell, managing director of Asia Pacific at DCS Global.
QBE to grow Singapore political violence book
QBE, the business insurance specialist, plans to further develop its book of political violence business written in South East Asia with a three year business plan for profitable growth.