Nicholas Pratt
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Asia
New man to head up Beazley’s APAC operations
Specialist insurer Beazley has appointed Lucien Mounier to leads its operations in Asia-Pacific. Mr Mounier has been based in Paris…
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Asia
RKH Specialty signals Asia push with new CEO appointment
International broking group RKH Specialty has appointed Stuart Beatty as its new chief executive for Asia-Pacific, a position he previously…
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Asia
Gard appoints new head of Hong Kong office
Norway-based marine insurer Gard has appointed Mark Russell as the managing director of its Hong Kong office. Mr Russell will…
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Asia
Burst pipe causes fatal oil spill in Indonesia
Indonesia’s national oil company Petramina has stated that a ruptured undersea pipe was the cause of an oil spill on…
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Asia
China’s new banking and insurance regulator makes opening statement of intent
The new super regulator for China’s $42trn banking and insurance sectors has issued a strident opening statement, promising to widen…
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Asia
Blockchain initiative founders form legal entity
Industry consortium the Blockchain Insurance Industry Initiative (B3i) has been incorporated into a startup company by the group of global…
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Asia
New financial watchdog starts reign in South Korea
The newly installed head of the Financial Supervisory Services (FSS) in South Korea, Kim Ki-sik, has pledged to make every…
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Asia
Former Anbang Insurance chief confesses guilt in $10bn fraud trial
One of China’s biggest financial fraud trials has taken place with the defendant, former Anbang Insurance chairman Wu Xiaohui, confessing…
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Asia
Final loss estimate for Cyclone Debbie put at $1.3bn
Perils, the Zurich-based catastrophe data provider, has issued its fourth and final estimate for the losses suffered by property insurers…
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Asia
Berkshire Hathaway opens Perth office for specialty insurance
Commercial insurer Berkshire Hathaway Specialty Insurance (BHSI) has expanded its Australian presence with an office opening in Perth, Western Australia.…
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Asia
Parima adds new board members
The Pan-Asia Risk and Insurance Management Association (Parima) has added three new members to its board committee, in a sign…
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Asia
Climate change exacerbating natural disasters as PNG crisis exposes protection gap
The ongoing effect of climate change is worsening the impact of natural disasters and costing the agriculture sector billions of…
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Asia
Trade credit insurer gives APAC stable risk rating
Global trade credit insurer Atraidus has given a moderate and stable forecast for the economic prospects within Asia-Pacific in its…
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Asia
Regulator shuts down five Philippine insurers
Risk managers in the Philippines may find there are fewer insurers able to take their business after five non-life insurers…
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Asia
Marsh becomes first broker to sign up to blockchain consortium
Global broker has become the newest member of the Enterprise Ethereum Alliance (EEA), one the largest open-source blockchain initiatives at…
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Asia
AGCS launches entertainment insurance in Asia
Allianz Global Corporate and Speciality (AGCS) is expanding its entertainment insurance coverage to Asia, with launches planned in Singapore, Hong…
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Asia
New president at AIG Korea
The new president and chief executive of AIG Korea, Douglas Min, has assumed office according to a report in the…
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Asia
AXA to buy XL for $15.3bn
AXA said it has taken a “major leap forward” along its strategic journey, through the planned acquisition of XL Group…
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Asia
Sri Lanka’s businesses on alert as state of emergency declared
Anti-Muslim riots in popular tourist areas in central Sri Lanka have led the government to declare a ten-day state of…
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Asia
China considers super regulator for banking and insurance
China’s government is planning to merge its two regulatory bodies for insurance and banking, in an effort to consolidate its…