Nicholas Pratt
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Asia
Vietnam hosts APEC forum on disaster insurance
Experts from the Asia-Pacific Economic Cooperation (APEC) forum and a number of international financial institutions met in Vietnam this week,…
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Asia
Australia passes new data privacy law
Companies in Australia will soon face mandatory notification obligations in the event of a data breach, after the federal parliament…
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Analysis & Opinion
Managing a product recall in Hong Kong
As the recent Samsung and VW product recall issues have shown, the consequences of a recall can be globally significant.…
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Asia
IAG plans insurtech hub in Singapore
Insurance Australia Group (IAG) is the latest insurer to launch an insurtech centre in Singapore, in a bid to spread…
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Asia
Navigators assembles new management team for Asian expansion plan
US-based specialty insurer Navigators has appointed a new management team for its Asia division. The team, which will be based…
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Asia
Scandals highlight rising D&O risk in corporate Asia
High level executives in Asia corporates face a much greater risk of litigation and liability due to more stringent regulation,…
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Asia
Parima passes 1,000 member milestone
The Pan-Asia Risk and Insurance Management Association (Parima) has announced that its membership has exceeded the 1,000 mark. The milestone…
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Asia
‘End of globalisation’ biggest threat to APAC corporates: report
The potential end of globalisation is the number one threat to Asian companies, according to report from risk consultancy Control…
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Asia
ADB calls for public/private disaster insurance scheme
The Asian Development Bank (ADB), a cooperative of financial institutions dedicated to reducing poverty in the region, has called for…
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Asia
Asia-Pacific to spearhead growth of IoT insurance market
A report has placed Asia-Pacific at the forefront of the multi-billion-dollar Internet of Things (IoT) insurance market. According to market…
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Asia
Pressure mounts on Chinese insurers to de-risk investments
Chen Wenhui, vice-chairman of the China Insurance Regulatory Commission (CIRC), has warned Chinese insurers that they need to take a…
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Asia
A good year ahead for Asian insurance buyers: Aon
Overall, 2017 should be a positive year for risk managers and insurance buyers, thanks to abundant capacity and decreasing rates,…
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Analysis & Opinion
Risk in spotlight for Chinese regulators
China has been undergoing significant legal and regulatory reform in the (re)insurance sector for some time and this is set…
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Asia
International reinsurers flock to Mumbai to tap “huge opportunity”
International reinsurers continue to announce the creation of onshore reinsurance operations in India following the recent relaxation in rules designed…
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Asia
Flood model launched for Vietnam on back of insurance market boom
JBA Risk Management, the London-based risk modelling firm, has released what it says is the first ever high resolution, multi-peril flood model…
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Asia
Berkshire Hathaway expands to Malaysia and makes plans for Japanese cat market
US-based insurance and reinsurance group Berkshire Hathaway continues its energetic drive into the corporate insurance market in the Asia-Pacific region,…
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Asia
Berkshire Hathaway to grow Asian reinsurance business
Warren Buffett’s Berkshire Hathaway has expanded its reinsurance business in Asia, after gaining approval from Malaysia’s financial regulator to offer…
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Asia
Asia is kidnap capital of the world
A 10% increase in the global share of kidnappings that took place in Asia in 2016 consolidated the region’s status…
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Asia
Business interruption tops Allianz risk poll in Asia
The threat of business interruption is the main concern for Asian businesses according to a global survey of more than…
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Asia
Moody’s predicts further political risk for Asia-Pacific sovereigns in 2017
The political risk that has negatively affected the credit rating of Asia-Pacific sovereign ratings is unlikely to abate in 2017,…