China
Heavy flooding in China kills more than 90
Hundereds of thousands of people have been caught up in the worst flooding in decades in North-East China and also in Guangdong province, South China, with at least 90 people being killed.
Chinese broker under investigation for huge fraud
It is understood Chen Yi, general manager at Shanghai Fanxin Insurance, has left China for Canada as the broker is investigated for fraud.
Chinese life insurers 'need to improve risk management'
According to a survey by Towers Watson more work is needed by Chinese life insurers to improve risk management.
Peak Re makes gains at renewal season
Hong Kong-based reinsurer Peak Re said it welcomed a good 1 July renewal season in the Asia-Pacific region.
UK regulator warns on Axa clone
The Financial Conduct Authority has warned that a firm branding itself as Axa Isle of Man Limited has no ties with the French insurer.
China earthquake was Asia's costliest disaster in July
According to Impact Forecasting, part of Aon Benfield, the July Gansu province earthquake in China caused $3.25bn of economic losses.
AIR Worldwide updates crop models for China and the US
AIR Worldwide has updated its multiple peril crop insurance models for the United States and China.
Life insurance rate-cap removal in China could spur innovation, says Fitch
Ratings agency Fitch welcomes the removal of the 2.5% capo on guaranteed rates by the China Insurance Regulatory Commission.
Axa hails "massive potential" of Chinese car market
Axa's chief financial officer Francois-Valery Lecomte has hailed the huge opportunity in the Chinese motor market.
H7N9 can transmit from human to human, say researchers
According to researchers at the Jiangsu Province Centre for Disease Control and Prevention, the latest strain of bird flu can transmit from human-to-human.
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.
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.
China's motor insurance regulatory reforms postponed
China will now introduce reforms to motor insurance pricing over three years instead of by this September.
Ping An gains license to begin futures trading
Ping An Insurance Company of China has become the first insurance company on the Chinese mainland to trade stock index futures.
Insurers to be given interest rate freedom in China
China's life insurers are to be given the freedom to set their own interest rates on policies.
Renewables market could triple insurance spend by 2020
The renewable energy industry could triple its annual insurance spend by 2020 to mitigate risks to projects, according to a new report sponsored by Swiss Re.
Q+A: Terence Cheung, head of claims, Greater China, Munich Re
Insurance Insight finds out the views of one of the leading claims' professionals in the region.
Willis says cat bond market needs to expand
If total alternative reinsurance solutions like catastrophe bonds are to continue to grow, a wider range of perils should be considered according to Willis Capital Markets & Advisory.
Insured impact from Gansu quake not likely to be significant
Catastrophe modelling firm AIR Worldwide has said it does not expect significant insured losses from the devastating earthquake in Gansu Province, China this week.
Strong earthquake hits China's Gansu province
A magnitude 6.6 earthquake has struck near the town of Dingxi in Gansu province on Monday morning killing at least 75 people with over 400 injured.
Chinese insurers to trade in government bond futures
The Chinese Insurance Regulatory Commission has given approval to insurers to trade in government bond futures.
China government catastrophe guarantee 'needed urgently', says Munich Re
He Hua, a catastrophe consultant for Munich Re in China, has called for the industry to put more pressure on the government to introduce a public private partnership to help guarantee the payments of catastrophe claims, especially for large earthquakes.