Latest Asia Headlines
All the headlines from our Asia Topic Page, ordered by recency.
HWI International Launches MGA with Asian Focus: NuVu Underwriting Hong Kong
Apr 16 2018 // HWI International Group, the privately owned insurance business, has announced the launch of NuVu Underwriting Hong Kong Ltd., a new managing general agent (MGA) in Hong Kong, headed up by industry veteran Jeremy...
Beazley Appoints Mounier to Head Asia Pacific Operations
Apr 13 2018 // Specialist insurer Beazley has appointed Lucien Mounier to head its Asia Pacific operations. He moves from Paris where, for the past two years, he has been responsible for managing and growing Beazley’s portfolio of...
BHSI Introduces Private Company & Nonprofit Organization Portfolio Cover in Asia
Apr 9 2018 // Berkshire Hathaway Specialty Insurance Co. (BHSI) has introduced Executive First Private Company Portfolio and Executive First Nonprofit Organization Portfolio policies in Asia. “Our Private Company and Nonprofit...
Tokio Marine Kiln Promotes Dugand to Regional Managing Director, Asia
Apr 5 2018 // Tokio Marine Kiln (TMK), the provider of specialist and corporate insurance, announced the promotion of Alex Dugand to regional managing director, Asia. Dugand takes up the role with immediate effect and will report to...
AXA Investment Managers Bullish About Europe as Asian Investors’ Interest Grows
Mar 20 2018 // Andrea Rossi doesn’t buy into the story that Europe is a dead end for growth. In fact, he sees luring Asian investors to his continent as one of the key ways AXA Investment Managers will expand in years to come. The...
Ride-Hailing Firm Grab Aims to Be Major Financial Services Player in SE Asia
Mar 15 2018 // After gaining success in ride-hailing, Grab co-founder Anthony Tan is pushing his startup into a new challenge: catering to those under-served by traditional financial institutions in Southeast Asia. Tan, together with...
Chubb to Provide Drivers’ Products for SE Asian Transportation/Fintech Platform Grab
Mar 14 2018 // Grab, the Southeast Asia on-demand transportation and fintech platform, announced a partnership with Chubb to offer insurance solutions for Grab’s drivers. Using the Grab app, drivers will be able to select different...
BHSI Opens Dubai Office, Names Cerase & Yadvendu to Head Middle East Region
Feb 12 2018 // Berkshire Hathaway Specialty Insurance Co. (BHSI) announced it has received an insurance license from the Dubai Financial Services Authority and established an office in the Dubai International Financial Centre (DIFC). It...
Allianz to Acquire Sri Lanka’s Janashakthi General Insurance for €85.9M
Feb 2 2018 // Allianz announced it has entered into an agreement with Janashakthi Insurance PLC (JINS) to acquire 100 of its subsidiary Janashakthi General Insurance Ltd. (JGIL) for LKR 16.4 billion (€85.9 million, or approximately...
UK Insurtech Startup Inzura Raises $1M for International Growth Plans
Jan 31 2018 // Inzura, the London-headquartered insurtech startup, announced the completion of its first major funding round, raising US$1 million to pursue its “ambitious growth plans.” The funds will be used to accelerate...
Artex Risk Solutions Launches Singapore Office, Led by Pannuzzo from Aon
Jan 29 2018 // Bermuda-based Artex announced the creation of Artex Risk Solutions (Singapore) Pte Ltd., its first office in the region, which will oversee the growth and development of Artex’s Asia Pacific captive and risk...
Bloomberg Interview with Lloyd’s CEO Beale in Davos: Economic Outlook, Asia Growth, Cyber, Brexit and More
Jan 26 2018 // Lloyd’s of London, the world’s oldest insurance market, is experiencing year-on-year growth of 100 percent in some of its Asian markets, where growing economies are fueling demand for cover from the...
QBE Expects US$1.2B Loss in 2017 from ‘Unprecedented’ Natural Catastrophes
Jan 24 2018 // QBE announced to the market this week that it expects a US$1.2 billion after-tax loss in 2017 on “unprecedented” natural catastrophe claims. “This has been a challenging year for QBE, reflecting an...
Worldwide Broker Network Appoints CEO of Mojumdar & Co. as New Board Member
Jan 24 2018 // The Worldwide Broker Network (WBN) announced the appointment of Larry Mojumdar, CEO of Mojumdar & Co. Ltd., of Tokyo, to its board of directors. Mojumdar & Co. was established in 1955 in Tokyo. The company sells...
Allianz’ Property Unit Plans to Double Asian Investments in Next 3 Years
Jan 4 2018 // Allianz SE’s property unit plans to double investments in Asia over three years as the German firm is drawing in more money from its insurance operations in the region. Property investments may swell to 3.75 billion...
Top Insurance Journal International Stories of 2017
Dec 29 2017 // Blockchain, cyber, mergers and acquisitions and London’s devastating Grenfell Tower fire are just some of the topics that dominate the most popular articles in Insurance Journal’s International section during...
Chubb Names French & Hill to Asia-Pacific Leadership Positions
Dec 14 2017 // Chubb announced two leadership appointments in the company’s Asia Pacific business. John French, currently country president for Australia and New Zealand, has been appointed to the position of senior vice president,...
BHSI Launches Financial Institution Professional Indemnity Insurance in Asia
Dec 13 2017 // Berkshire Hathaway Specialty Insurance Co. (BHSI) announced it has introduced Financial Institution Professional Indemnity (FIPI) insurance in Asia. “Financial institutions are seeing an increase in both the...
Zurich Insurance to Acquire ANZ’s Life Businesses in Australia for US$2.14B
Dec 11 2017 // Zurich Insurance Group announced that it has entered into an agreement to acquire 100 percent of ANZ’s life insurance businesses, OnePath Life, in Australia, for A$2.85 billion (US$2.14 billion). Both parties expect...
AXA Simplifies Structure with 5 Geographies; New Management Committee Formed
Nov 14 2017 // AXA Group announced it is simplifying its operating model by creating five global geographies: France, Europe, the U.S., Asia, and International. In addition, it has created a single, refocused Corporate Center, which is...
