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Insurance
Reinsurers recorded single-digit risk adjusted rate reductions in Japan’s April 1 renewals, according to William Thompson, regional director of broker Willis Re. 18 April 2017
News
Zurich-based Swiss Re has established a dedicated regional legal entity in Singapore for its reinsurance business unit. The entity will also house the regional headquarters for Swiss Re’s network of reinsurance operations in Asia. 18 April 2017
Insurance
Des Moines-based Fidelity & Guaranty Life (FGL) said that it terminated its merger agreement with China’s Anbang Insurance Group and that the company's board of directors has received interest from a number of alternative parties. 18 April 2017
Insurance
Specialty re/insurer Brit has appointed David Lim as the CEO of Brit Global Specialty Singapore with effect from May 15, 2017. 13 April 2017
Insurance
Zurich Insurance Group has completed the acquisition of Australian travel insurer Cover-More Group in a A$741 million ($565 million) deal that expands its travel portfolio and positions Zurich as a top three global travel insurance provider. 13 April 2017
Insurance
Property/casualty insurer Chubb has appointed Titus Samuel as the new head of power and utilities for Asia. 12 April 2017
Insurance
Insured losses across Queensland and NSW from Tropical Cyclone Debbie have reached A$660 million ($496 million) from 41,105 claims as of April 11, according to the Insurance Council of Australia. 11 April 2017
Insurance
Malcolm Steingold is set to step down and retire as Aon Benfield's head of Asia Pacific (Apac), Aon Benfield confirmed to Intelligent Insurer. 10 April 2017
Insurance
The head of China's insurance regulator is being investigated for suspected disciplinary violations, according to several media publications. 10 April 2017
Insurance
The frequency of major vessel casualties rose in 2016 for the second consecutive year, according to the International Union of Marine Insurance. 7 April 2017
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