Malaysia
Market loss from Flight MH370 could reach $350m
Allianz has revealed the total claims cost for missing Malaysia Airlines flight MH370 could be as much as $350m (£208m).
Marsh targets growth in Thailand
International broker Marsh wants to hire staff and grow business by 20% this year at its Thai joint venture Marsh PB.
Zurich offloads MCIS stake in Malaysia
Zurich is selling its 40% stake in Malaysian insurer MCIS Zurich for $93m (MYR 304m)after being required to sell it because of another acquisition.
Malaysian GI sector grew 6.4% in 2013
The Malaysian general insurance sector grew gross written premiums 6.4% in 2013 to 16.2bn ringgit ($4.94bn) in 2013.
Flight MH370 loss could impact war risk rates
If Malaysia Airlines' Flight MH370 is classified as a war loss, it would be one of the largest since the 2001 attacks on the World Trade Centre and would likely lead to rate to rate increases in war policies, according to S&P.
Interview: David Fried, CEO, Asia-Pacific, QBE
Editor, Asia at Post Andrew Tjaardstra interviews David Fried, CEO, Asia-Pacific QBE at the Australian insurer’s new regional office in Quarry Bay, Hong Kong.
New data indicates Flight MH370 went down in Indian Ocean
New evidence has led officials investigating the disappearance of Malaysia Airlines flight MH370 to conclude that the plane crashed into the Indian ocean leaving no survivors.
Allianz position on missing plane policy clarified as lead reinsurer
Allianz is the lead reinsurer on the hull and liability cover for Malaysia Airlines, rather than the lead insurer as previously reported, according to market sources.
Allianz confirms missing plane payment
Allianz has confirmed that it has made payments to Malaysia Airlines over missing flight MH370.
Missing Malaysian plane unlikely to affect rates in aviation market
Fate of Malaysia Airlines flight MH370 unknown after disappearing on 8 March.
Allianz agrees to pay missing plane claim
Allianz has agreed to pay the hull and liability claim for Malaysia Airlines flight MH370, despite ongoing uncertainty about the fate of the aircraft along with its passengers and crew, Post understands.
Malaysia Airlines loss at least $500m says Credit Suisse
A Credit Suisse report has estimated the total insurance loss of Malaysia Airlines flight MH370 at between $500m (£301m) and $600m.
Allianz's Asia-Pacific arm hit by stronger euro
Allianz's insurance unit across 14 countries in Asia-Pacific saw revenues and profits fall as the euro appreciated against Asian currencies.
Zurich appoints Holce head of motor claims, Asia-Pacific
Peter Holce has moved from Aviva in the UK to work for Zurich's Asia-Pacific claims team based in Kuala Lumpur.
Malaysia Insurance Institute to help Cambodia in training
The Malaysian Insurance Institute and the Insurance Association of Cambodia have signed a memorandum of understanding to help enhance insurance knowledge and skills development for the insurance profession in Cambodia.
JLT opens second shared service centre in Asia
Jardine Lloyd Thompson has launched its second shared service centre in Asia to help improve efficiency at the international broker.
Euler Hermes extends partnership with HSBC in Malaysia
Euler Hermes has become the exclusive supplier of trade credit insurance products to HSBC Commercial Banking customers in Malaysia.
Liberty Mutual buys in Malaysia
Liberty Mutual Insurance Group has bought Uni.Asia Capital Sdn Bhd's 68.09% stake in Uni.Asia General Insurance Berhad for around $113m.
Three way battle for ASEAN regional hub, says Clyde & Co
Law firm Clyde & Co believes Singapore will increasingly become the 'destination of choice' to access the ASEAN insurance community.
Interglobal bolsters Asia team
International health insurer Interglobal has appointed a head of sales for the Singapore market and created a development manager role for other Asian markets including Malaysia, Sri Lanka and the Philippines.
AIG eyes 20% growth in Malaysian travel insurance market
AIG Malaysia is expecting to see a 20% growth in travel insurance each year.
Zurich eyes bancassurance in Malaysia
Zurich has signed a memorandum of understanding with the Bank of China to explore bancassurance opportunities in Malaysia.
Allianz targets 10% growth in Malaysia
Allianz Malaysia Bhd’s general insurance arm is looking to grow its customer base by 10% in 2014.
MetLife expands in Malaysia
MetLife has reached an agreement with Malaysia's AMMB Holdings, which owns the fifth largest bank in Malaysia, to form a strategic partnership involving AmLife Insurance Berhad and AmFamily Takaful Berhad.