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Insurance
Allianz sells 33% in China unit
Allianz has sold a 33 percent stake in its China unit to Chinese online retailer JD.com, according to a Reuters April 16 report.   17 April 2018
Insurance
Ex-CIRC chairman charged with fraud
The former chairman of China Insurance Regulatory Commission (CIRC) Xiang Junbo has been formally charged on suspicion of taking bribes, Reuters reported on April 16.   17 April 2018
Insurance
MGA launches in Hong Kong under former Nexus executive
London-based insurance broker HWI International Group is launching a new managing general agent (MGA) in Hong Kong to begin underwriting on July 1, 2018.   16 April 2018
News
VIG Re plans Asia, Europe expansion, says chairman
VIG Re wants to expand in continental Europe as well as Asia, according to Karl Fink, chairman of the supervisory board of VIG Re.   13 April 2018
Insurance
Allianz buys $35m stake in Indonesia's GO-JEK
Allianz X, the digital investment unit of the Allianz Group, has invested $35 million in Southeast Asian mobile platform GO-JEK to become its sole international insurance shareholder.   11 April 2018
Insurance
Beazley replaces head of Asia Pacific
Specialist insurer Beazley has appointed Lucien Mounier to head its Asia Pacific operations. He will relocate from Paris to Singapore for the new role.   11 April 2018
Insurance
QBE replaces CFO after 7 months amidst management shake-up
Australia-based QBE Insurance Group is replacing its group chief financial officer (CFO) Michael Ford who has assumed the role only in September 2017.   11 April 2018
Insurance
PICC plans $1.6bn Shanghai IPO
People’s Insurance Group of China (PICC), which owns the nation’s biggest non-life insurer, is planning to raise more than $1.6 billion through a Shanghai listing, according to a Reuters April 10 report.   11 April 2018
Insurance
Digital startup Acko to offer first in-trip insurance in India
Mumbai-based digital insurance start-up Acko General Insurance has partnered with ride-sharing app Ola to offer a first-of-its-kind in-taxi insurance in India.   11 April 2018
Insurance
RKH Specialty appoints former Aon exec to lead expansion in Asia Pacific
RKH Specialty, part of the Hyperion Insurance Group, has appointed Stuart Beatty as the regional CEO for Asia Pacific, a new role focused on building on the firm’s specialty capabilities in the region.   10 April 2018

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