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Insurance
Property/ casualty insurer Chubb has partnered with Grab, an on-demand transportation and fintech platform in Southeast Asia, as part of its digital strategy to meet growing insurance needs in Asia Pacific. 13 March 2018
Insurance
Re/insurer XL Catlin, through its Catlin Singapore unit, is joining the InsurTech Asia Association as one of its founding members. 12 March 2018
Insurance
AM Best has removed New Zealand’s Tower Insurance from under review with negative implications after a capital raise and a settlement agreement with Peak Re. 12 March 2018
Insurance
Two subsidiaries of Sompo Japan Nipponkoa Insurance will merge as the companies seek to address “challenges” in the property/casualty insurance industry in Japan and create efficiencies and improved profits. 6 March 2018
Insurance
Re/insurance broker Miller has hired producer broker Julian Coates to further expand its Asia Pacific business. 5 March 2018
Insurance
Nippon Life Insurance Company is acquiring an 85.1 percent stake in MassMutual Life Insurance Company (MassMutual Japan), a Japanese unit of US insurer MassMutual International. 5 March 2018
Insurance
ArgoGlobal, a Lloyd's insurer and member of Argo Group, has appointed Veronica Grigg as senior executive officer for ArgoGlobal Asia. 5 March 2018
News
Australia’s terrorism insurance scheme administrator, Australian Reinsurance Pool Corporation, has increased the private participation in retrocession reinsurance cover at renewals for 2018. 1 March 2018
Insurance
New Zealand-based general insurer Tower has entered into a $22 million settlement agreement with Hong Kong's Peak Re regarding an adverse development cover policy entered in 2015. 1 March 2018
Insurance
The move of the the European operations to Brussels after Brexit is a logical move as mainland Europe insurance operations grow faster than in the UK and the prospects look good, said Richard Pryce, CEO QBE European Operations. 27 February 2018
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