Latest Asia Headlines
All the headlines from our Asia Topic Page, ordered by recency.
Tower Group: North American Insurers See Growth in Emerging Markets for Asia, Europe and Latin America
Aug 3 2004 // North American insurers currently are pursuing global expansion at a pace rivaling that of European insurers’ entry into U.S. markets in the early 1990s. According to TowerGroup, more favorable economics, key...
AIG United Guaranty to Expand in EU, Asia
Jun 22 2004 // AIG United Guaranty, whose affiliate companies provide mortgage guaranty insurance, announced plans to expand both its European and Asian operations as part of its “international growth program.” It has...
SCOR Notes Success of Korean Renewals
Apr 21 2004 // France’s SCOR Group announced the official licensing of its Korean operations this month, and indicated it was very pleased with the rates of renewal of its Korean business. The company noted that “the treaty...
Swiss Re Wins Taiwan License Go-Ahead
Mar 19 2004 // Swiss Re today has been granted permission by the Taiwan Ministry of Finance to begin the licensing process for a branch office in Taiwan. The Swiss Re branch will be located in Taipei and is expected to be fully...
AXIS Names Andreas Thiele Asia Director
Mar 12 2004 // Bermuda-based AXIS Capital Holdings Limited announced that it has appointed Andreas Thiele to the new position of Senior Vice President Director, Asia Pacific Region. The Company said it is “currently reviewing plans...
Tomas Urbanec New Head of ACE International Personal Lines
Feb 12 2004 // Gary Schmalzriedt, Chairman and CEO of ACE Overseas General (AOG), announced that Tomas Urbanec has been named as Executive Vice President, International Personal Lines. AOG is a financial reporting unit of ACE Limited,...
FINEOS Appoints Philip Small Advisory Director for Asia-Pacific Expansion
Dec 9 2003 // Dublin-based FINEOS, a leading provider of banking and insurance software, announced that it has appointed Philip Small as an Advisory Director to assist the company with its market growth within the Asia Pacific...
S&P PUBLISHES ENCOURAGING REPORT ON ASIA-PACIFIC REINSURANCE MARKET
Sep 22 2003 // Standard & Poor’s has published a report on the Asia-Pacific non-life reinsurance market, which indicates that it “is experiencing a period of profitability following a decade of weak results due to under...
S&P Publishes Encouraging Report on Asia-Pacific Reinsurance Market
Sep 2 2003 // Standard & Poor’s Ratings Services has published a report on the Asia-Pacific nonlife reinsurance market, which indicates that it “is experiencing a period of profitability following a decade of weak...
Insurance Hall of Fame to Induct AIG’s Edmund Tse, Grupo Nacional’s Clemente Cabello
Jul 8 2003 // Edmund Tse, Senior Vice Chairman and Co-Chief Operating Officer of American International Group, and Clemente Cabello, CEO of Mexico’s Grupo Nacional have been named to the prestigious Insurance Hall of Fame by the...
Minority and Women Agents Look to Tap Emerging Markets
Jun 23 2003 // Insurance is about numbers, and right now the numbers are depressing when it comes to minority and women agents in the business. In spite of the tremendous growth of minority populations in the United States and the...
Minority and Women Agents Look to Tap Emerging Markets
Jun 23 2003 // Insurance is about numbers, and right now the numbers are depressing when it comes to minority and women agents in the business. In spite of the tremendous growth of minority populations in the United States and the...
SARS – 21st Century Epidemic’
May 19 2003 // Severe Acute Respiratory Syn-drome (SARS) has not, so far, threatened to be a repeat of the world’s last great pandemic—the “Spanish Flu” of 1918-19. Nor is it as lethal as malaria, which, according to...
SCOR Announces Successful April Renewals in Asia
May 6 2003 // France’s SCOR Group announced that it has successfully renewed 60 percent of its 2002 portfolio in Asia as of April 1, 2003. Japanese treaties represented 68 percent of business renewed and South Korean treaties 32...
World Struggles to Deal with Deadly SARS Virus
Apr 25 2003 // According to the World Health Organization more than 4000 cases of Severe Acute Respiratory Syndrome (SARS) have so far been reported, and more than 250 people have died from the infection. If anything those statistics are...
S&P’s Says SARS Could Damage Health of Emerging Asian Companies
Apr 15 2003 // Standard & Poor’s reports that a recent outbreak of a pneumonia-like illness known as Severe Acute Respiratory Syndrome (SARS) in greater China and southeast Asia is unlikely to have any immediate impact on its...
inreon Announces New Expansion in Asia
Apr 2 2003 // inreon, the online reinsurance platform founded by Munich Re and Swiss Re in 2000, announced a further expansion of its operations in Asia with both Korean Re and China International Re, two of the region’s leading...
Lloyd’s Awards U.S. Brokers; Accredits New Asian, Pair of London Brokers
Mar 24 2003 // Lloyd’s of London announced that Constance Curnow of Guy Carpenter and Gerald J. Sullivan of The Sullivan Group are the first brokers to win the Lloyd’s U.S. Broker Awards. The awards for U.S. Reinsurance...
Lloyd’s Awards U.S. Brokers; Accredits New Asian, 2 London Brokers
Mar 13 2003 // Lloyd’s of London announced that Constance Curnow of Guy Carpenter and Gerald J. Sullivan of The Sullivan Group are the first brokers to win the Lloyd’s U.S. Broker Awards. The awards for U.S. Reinsurance...
A.M. Best Expands Capabilities of its Hong Kong Regional Headquarters
Feb 28 2003 // A.M. Best Co. announced that it has recently integrated its Asia/Pacific insurance rating and information operations to serve Japan, Australia and New Zealand under A.M. Best Asia-Pacific Ltd. in Hong...
