Nicholas Pratt
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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…
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Asia
Allianz appoints ex-digital chief as new Asia CEO
German insurer Allianz has declared its ambitions to explore new distribution channels by appointing former chief digital officer Solmaz Altin…
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Asia
Singapore pilots blockchain-based insurance platform
A Singapore-based consortium of insurance carriers and distributors, led by online and automated platform Insurance Market, is to launch a…
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Asia
Chubb hires new Singapore chief for general insurance
Scott Simpson has been appointed as the new country president for Chubb’s general insurance business in Singapore. He replaces Adam…
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Asia
Guernsey Finance makes Hong Kong appointment
Guernsey Finance, the promotional agency for the island’s finance industry, has appointed its first permanent representative for its Hong Kong…
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Asia
Asian commercial rates fall despite first global increase in five years: Marsh
Global commercial insurance rates rose for the first time in five years during the last quarter of 2017, almost exclusively…
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Asia
Insurers still facing claims from 2010 NZ quakes
The long tail of earthquake-related loss events has been illustrated by news that insurers are still facing claims from historic…
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Asia
Myanmar and Malaysia take contrasting approach to foreign insurers
Respective regulators for the insurance industry in Malaysia and Myanmar are set to issue new and separate rules that take…
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Asia
NDB scheme raises cyber liability for Australia’s companies
The imminent introduction of Australia’s notifiable data breaches (NDB) scheme is likely to dramatically increase the liability from a cyberattack…
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Asia
XL Catlin extends accident and health insurance product for Australian businesses
International broker XL Catlin has announced the extension of its Protect and Assist health and accident insurance product to cover…
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Asia
IRM announces ambassador for Vietnam, Cambodia and Laos
The Institute of Risk Management (IRM), a UK-based risk education body, has appointed Saman Bandara as a global ambassador for…
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Asia
XL Catlin appoints country head for China
Phil Xue has been announced as the new chief executive officer and general manager of XL Insurance (China) Co Ltd,…
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Asia
Singapore’s cybersecurity bill passed in parliament
A bill designed to make Singapore’s critical services more resilient to cyberattacks has been passed in parliament. The Cybersecurity Bill…
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Asia
Insurers and regulators react to cryptocurrency risks
The cryptocurrency craze has led a number of major insurers to consider policies offering protection against theft and other risks,…
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Asia
Taiwan earthquake collapses buildings and injures hundreds
An earthquake in the popular Taiwanese tourist city of Hualien has left four dead and more than 250 injured. The…