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Chinese financial heavyweight Guo Shuqing has been appointed head of the country’s newly merged regulator for the banking and insurance sectors, Reuters reported citing an online article by Financial News, the official newspaper of the central bank. 22 March 2018
Insurance
The New Zealand government is set to increase the cap limit on residential building earthquake cover (EQC) to $150,000 from previously $100,000. 20 March 2018
Insurance
Broker Aon has appointed Adam Cox as the new director of One Underwriting to lead the company's Australian managing general agent (MGA) business. 20 March 2018
Insurance
Reinsurance broker JLT Re has hired Vinod Krishnan as CEO of Asia treaty business from Aon Benfield. 19 March 2018
Insurance
QBE Insurance is aligning its technology and transformation teams under one business unit within its Australian and New Zealand Operations (ANZO), resulting in the creation of new roles and the redundancy of a senior executive. 19 March 2018
Insurance
Fitch Ratings has downgraded the long-term ratings of UK-based life insurance group Prudential following the company's decision to separate its UK & European businesses (M&G Prudential) from the rest of the group. 14 March 2018
Insurance
UK-based life insurance group Prudential is to demerge its UK & Europe business (M&G Prudential) from the US, Asia and Africa business, creating two separately-listed companies. 14 March 2018
Insurance
UK-based savings and protection products provider Prudential has grown after tax profits by 24 percent year on year ahead of the demerger of its global business. 14 March 2018
Insurance
Asia’s mergers & acquisitions (M&A) market is a “very hotly contested area” and this is driving prices up, Aviva Asia chief strategy officer Alex Kimura, told AM Best. 13 March 2018
Insurance
Prudential's Asia business has appointed Robin Spencer as chief operating officer (COO). 13 March 2018
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