China
Q&A with Fiona Le Poidevin, Guernsey Finance
After taking over from Peter Niven in July, Fiona Le Poidevin is just three months into her role as chief executive of Guernsey Finance, the promotional agency for the island of Guernsey. She spoke to Francesca Nyman about raising Guernsey's profile, the…
Chinese market must target sustainable growth
After a period of rapid expansion, the Chinese insurance market must adjust for sustainable and healthy growth, according to a report by AM Best.
September floods to cost Asia nearly $8bn
Asia is facing economic losses of nearly $8bn after heavy flooding throughout September, according to a catastrophe report by Aon Benfield.
Japanese insurers cease China riot cover
Some Japanese insurers are believed to have stopped covering firms against riots in China.
Economic loss from Asia flooding nears $8bn
Flooding in Asia, and particularly China, has generated economic losses of more than $7.5bn, according to Aon Benfield.
Hyundai Marine & Fire scores ratings upgrade
South Korean insurer Hyundai Marine & Fire has had its financial strength rating upgraded to 'A' from 'A-' by AM Best.
Munich Re chief laments China's poor rate of quake cover
Nikolaus Von Bomhard has implored China to create a public-private partnership to provide earthquake protection for businesses and citizens in the country.
Top five Asian news stories
The top five Asian news stories from www.insuranceinsight.com over the past seven day.
Air Worldwide expands in Asia-Pacific with Singapore office
Air Worldwide is opening an office in Singapore to meet the expanding needs of clients in the Asian insurance market.
Ping An files arbitration claim over Fortis losses
Chinese insurer Ping An has filed an international arbitration claim against Belgium, in a bid to recoup losses from its investment in the now defunct financial services group, Fortis.
Top five Asian stories
The top five Asian stories from www.insuranceinsight.com over the past seven days.
Ping An files Belgian arbitration claim
China's second largest insurer, Ping An, has filed an international arbitration claim against Belgium in a bid to reclaim losses from an investment in Fortis.
Worrying level of underinsurance exposed in HK
The chief executive of AIA Hong Kong has expressed deep concern after a survey by the University of Hong Kong revealed this week that a third of the country's adults do not have insurance.
Investing in China's insurance sector
China's regulators have begun relaxing the rules governing investments in the country's insurance industry. Norton Rose's Lynn Yang and Ai Tong discuss the impact of recent legislative changes on insurers and the wider financial sector.
Top five Asian news stories
The top five Asian news stories from www.insuranceinsight.com over the past seven day.
Commercial health products 'more effective' than relying on goverment, Chinese minister says
China's government plans to work with private insurers to expand national health cover in a bid to close the mortality gap between rural and urban residents while keeping costs low, according to Bloomberg's Businessweek.
State-owned Singapore firm boosts stake in China Pacific
The Government of Singapore Investment Corporation will increase its stake in China Pacific Insurance Company, according to an announcement on the Hong Kong stock exchange website.
Asia View from the Top: Getting flood modelling right
The Intergovernmental Panel on Climate Change reported in 2007 that especially heavily populated mega-delta regions in south, east and south-east Asia will be at greatest risk owing to increased flooding from the sea and, in some mega-deltas, flooding…
Chinese economic policy threatens country's SMEs
Efforts by China's government to stimulate the country's flagging economy could weaken small to medium sized businesses, causing a wave of payment defaults, according to Coface.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days
Insurance recruitment up in Asia despite slow economy
Asia's insurance firms are still hiring despite the current economic slowdown, bucking the trend of financial services firms across the region, according to Reuters.
Lloyd's launches jewellers' insurance in Shanghai
Lloyd's Insurance Company (China) has launched a block insurance programme designed for the diamond and jewellery trade in Shanghai.
Insured losses from China quakes very low
Two magnitude 5.6 earthquakes that struck southwest China on Friday caused little to no insured losses, according to catastrophe modelling firm Eqecat.
Guy Carpenter to open Shanghai Office
Reinsurance broker Guy Carpenter has received approval from the China Insurance Regulatory Commission to open a branch office in Shanghai.