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Insurance
Former chief secretary of India's southwest state of Karnataka, Subhash Chandra Khuntia has been selected to head the Insurance Regulatory and Development Authority of India (IRDAI), according to a May 2 Bloomberg News report. 3 May 2018
Insurance
Australia-based QBE Insurance Group has closed an investment into HyperScience while entering into a multi-year commercial use agreement to roll out HyperScience solutions across QBE globally. 3 May 2018
Insurance
Validus Holdings unit Talbot Underwriting has hired from Zurich Insurance and Ironshore as it expands the global political risk and credit operations. 3 May 2018
Insurance
Standard & Poor’s Global Ratings has raised the assessment of Sompo Holdings Group’s enterprise risk management (ERM) to “Strong” from “Adequate with strong risk controls”. 1 May 2018
Insurance
Tokio Marine Kiln (TMK) has entered into a strategic alliance with Australian insurtech firm Evari. 23 April 2018
Insurance
Singapore is a thriving risk transfer hub for the Asian region, with buyers preferring to execute locally where possible. Beazley, which opened an office in the country some 12 years ago, is prospering on the back of this—especially where it can target specialty lines and offer something different. 22 April 2018
Insurance
Singapore Reinsurance had a profitable first quarter of 2018, with a profit before tax of $5.94 million, an increase of 13.4 percent year-on-year. 20 April 2018
Insurance
Coverfox, an online insurtech startup based in Mumbai, has raised $22 million in Series funding, led by International Finance Corp (IFC) and Transamerica. 20 April 2018
Insurance
Wang Yincheng, former president of the state-owned People's Insurance Company of China (PICC), has pleaded guilty in a trial on the charge of accepting bribes, according to an April 16 report by the country’s official press agency Xinhua. 19 April 2018
Insurance
Specialist commercial insurer CNA Hardy has gained authorisation to set up operations in Labuan, Malaysia, expanding its presence in Asia. 18 April 2018
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