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Latest Asia & Australasia News

US lags Asia in innovation stakes

Insurers in Asia benefit from friendly regulation and a tech focused culture.

Myanmar grants licences to five foreign insurers

One of the world’s most isolated nations is opening up its Life market.

QBE quits coal (with caveats)

Under pressure from environmental lobbyists, the insurer is to phase out all direct insurance services for thermal coal clients by 2030.

Fosun pleased with Peak Re’s performance in 2018

Hong Kong reinsurer’s owner says the company has performed well despite the weak reinsurance market.

Emerging markets key to premium growth over next decade

Swiss Re projects growing economies will account for high percentage.

QBE shows significant improvement in 2018

Australian giant’s results a mixed bag for its various operations.

Willis Re appoints agriculture trio

The three new appointments are part of a push into Asian agriculture markets.

IGI names new Asia CEO

Will serve as chief executive of Labuan branch in Malaysia.

AGCS heads to India

New branch to be based in Mumbai.

Comments

Editor's comment: China’s coming of age - FREE

China’s assets managed by insurers have doubled within four years, reaching around $2.1trn.

Reactions April digital issue online now!

This month's magazine issue celebrates 35 years of Reactions, plus features on terrorism, Iran sanctions, reinsurance broking and the run-off market.

Editor's comment: Women leaders talk D&I - FREE

Reactions asks leading women in re/insurance about diversity and inclusion in the industry, what it's doing wrong, and what it needs to do to get it right.

Editor's comment: China: crisis, disaster, ambition, expansion

Whatever does happen next in the sector, it’s a safe bet that the arc of China’s story will figure increasingly prominently on the global re/insurance stage.

Garry Booth comment: What’s hiding in Tianjin’s tail?

There’s a growing sense of unease around the wider loss implications of the explosions in the Chinese port of Tianjin.

Garry Booth comment: Climate change affects credit

More frequent and extreme weather events that occur as a result of climate change could damage companies'? credit profiles in the future, according to a report published by Standard & Poor?s.

Fosun agrees to buy Meadowbrook

Chinese holding company Fosun Intl has agreed to buy US insurer Meadowbrook for $433m

JLT outlines 2015 risks

Broker JLT has warned that a number of risks are likely to grow in 2015, including sovereign default,

Comment: The Singapore Sting

Singapore is prominent in insurance news these days, but Reactions' Garry Booth points out some of the problems that come with rapid growth.

Interviews

Mount Agnung losses expected to be low so far

A major eruption of Mount Agnung in Indonesia could cause more than $70bn in economic losses, but insured losses are expected to be low.

Xceedance targets a new outsourcing model

Xceedance CEO Arun Valakrishnan highlights the wealth of Indian tech talent that re/insurance businesses are failing to employ.

Canopius looks to Singapore for growth

Interview: Inga Beale says Singapore is going to a big area of strategic growth for Lloyd’s insurer and reinsurer Canopius, as less business makes its way to the London market.

Albert Benchimol: Axis Capital ready to thrive

Interview: Albert Benchimol has had a busy year since taking over as CEO of Bermudian insurer and reinsurer Axis Capital, dealing with the ousting of its chairman and Superstorm Sandy losses. He is now confident that a strong period of growth is ahead for his firm.

Hong Kong start-up Peak Re playing long game

Profile: Reactions spoke to the two co-founders of Peak Re, and found out about the new Hong Kong-based Asian reinsurer's long-term ambitions in China and across the Asia Pacific region.

Interview: John Nelson, chairman of Lloyd's - The internationalist

John Nelson has had a busy first year as chairman of Lloyd’s, with the market’s Vision 2025 plan his biggest contribution so far. He believes the make-up of firms and people at Lloyd’s is not diverse enough.

Interview: Asia Capital Re's John Tan

John Tan founded Asia Capital Re six years ago because he believed the time was right for Asia to have its own regional reinsurance company. Five years on, experience suggests he was correct.

Tokio Millennium Re targeting expansion

Interview: Tokio Marine’s reinsurance unit is aiming to grow in Europe and beyond, according to group CEO Tatsuhiko Hoshina and Continental Europe CEO Stephan Ruoff.

Aon's Greg Case on insurance broking's future

INTERVIEW: Greg Case, CEO of Aon, believes that the insurance broker can help its customers manage their way through the tough global operating environment and rise to the challenge of new and complex risks by working on a more robust fact basis.

Latest Issue

April 2019

 

 In this month's Reactions

  • Hank Greenberg interview
  • Risk Manager spotlight
  • Pitney Bowes roundtable
  • Cyber-market focus
  • Insurtech update
  • Cannabis legalisation

CLICK HERE TO READ THE LATEST ISSUE

 

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