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Insurance
Zurich Insurance (Hong Kong) has appointed Philip Chiu as the head of its global corporate division. 22 August 2016
Insurance
Mphasis, an IT services and solutions provider, has introduced a new suite of solutions, including an policy administration services solution (PAS) and hybrid platform for the small/medium commercial property & casualty (P&C) insurance industry. 19 August 2016
Insurance
Sompo Canopius has appointed Mark Newman as chief executive officer (CEO) of Asia Pacific, Middle East and North Africa (MENA), as part of an expansion of the business to look at broader geographical coverage. 17 August 2016
Insurance
Liberty Mutual Insurance and one of China’s private enterprises, Sanpower Group, have agreed to create a joint venture from Liberty Mutual’s current Chinese property/casualty insurance operations. 16 August 2016
Insurance
Liberty Mutual Insurance Group has increased its interest in its non-life insurance joint venture company Liberty Videocon General Insurance (Liberty Videocon) in India to 49 percent. 15 August 2016
Insurance
ArgoGlobal, a Lloyd’s insurer and member of global underwriter of specialty re/insurance products Argo Group, has acquired the renewal rights for Allied World’s marine hull business in Asia. 15 August 2016
Insurance
The Hong Kong life insurance industry has experienced significant growth in new business over the last couple of years, but will be challenged to grow consistently in the future due to weakened domestic demand and new measures imposed by the Chinese government, according to an AM Best’s special report. 15 August 2016
Insurance
Allied World Asia-Pacific, a subsidiary of Allied World Assurance, has appointed Ramesh Sivanathan as vice president (VP), and country manager in Malaysia, based in Kuala Lumpar. 11 August 2016
Insurance
Zurich has expanded its Asia-Pacific operations with the appointment of Jack Howell as regional chief executive officer (CEO), effective September 1. 11 August 2016
Insurance
Sompo Japan Nipponkoa Holdings posted a year-on-year drop in attributable net profit for the period April-June, its first accounting quarter of 2016, as foreign exchange moves dented investment profits. 10 August 2016
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