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The Singapore International Reinsurance Conference (SIRC) was launched in 1991 to fill the gap between the biennial meetings of the East Asian Insurance Congress (EAIC). Its stated aim was to give insurance professionals a forum to meet and discuss issues of the day, while taking stock of developments in the reinsurance market; and starting preparations for the following year’s treaty renewals. 30 October 2015
News
Asia Capital Re has estimated its net loss relating to the 12 August explosion in the port of Tianjin, China, to be approximately $26 million. 30 October 2015
Insurance
Tokio Marine Kiln and Lloyd’s have signed a memorandum of understanding (MoU) with the PICC Property and Catastrophe Company (PICC P&C) to provide intellectual property (IP) infringement liability insurance in China. 30 October 2015
Insurance
The acquisition of US-based HCC Insurance Holdings by Tokio Marine Holdings has been completed. 29 October 2015
Insurance
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Yan Jun as marine underwriting manager of Argo Global underwriting division, Lloyd’s China. 28 October 2015
Insurance
Property/casualty insurer ACE has expanded its political risk and credit division to Japan. 28 October 2015
Insurance
An earthquake with a magnitude of 7.5 struck north-eastern Afghanistan at 1:30pm local time but no significant losses are anticipated, according to catastrophe modelling firm AIR Worldwide. 27 October 2015
Insurance
Ironshore’s soon-to-be new parent, the Chinese conglomerate Fosun, has already been pivotal in helping the broker-only specialty property/casualty insurer’s environmental division unlock new markets. 26 October 2015
Insurance
Lloyd's and China Taiping have signed a memorandum of understanding (MoU), marking a significant level of co-operation. 22 October 2015
Insurance
Re/insurance firm Allied World has suffered a blow to its profits in the third quarter of the year, due to the cost of the explosions in the port of Tianjin, China, earlier this year. 22 October 2015
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