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Insurance
Ironshore subsidiary to open Shanghai office
Pembroke Managing Agency, subsidiary of insurer Ironshore International will establish an office in Shanghai in January 2016 as part of the Lloyd’s China platform.   13 January 2016
Insurance
IAG uses drones to assess Australia bushfire damage
For the first time in Australia, insurer IAG has used drones to view damage caused by the devastating bushfires in the Great Ocean Road area.   12 January 2016
Alternative Risk Transfer
Cat bond issuance falls 25% in 2015: PCS
Catastrophe bond issuance activity in 2015 fell approximately 25 percent year over year by limit, according to a report from Property Claims Services (PCS), a division of Verisk Analytics.   8 January 2016
Insurance
Magnitude 6.7 earthquake hits India
A magnitude 6.7 earthquake hit northeast India near its border with Myanmar and Bangladesh yesterday (January 4) at 4:35 a.m. local time (January 3 at 23:05 UTC), according to catastrophe modelling firm AIR Worldwide.   5 January 2016
Insurance
Crawford appoints Asia CEO
Crawford & Company, a provider of claims management solutions, has appointed Phillip Fong to the role of Asia chief executive officer (CEO).   24 December 2015
Insurance
World Bank approves Philippines cat credit line
The World Bank has approved a $500 million catastrophe contingent line of credit to support the Philippines’ effort to manage natural disaster risk.   24 December 2015
Insurance
Allianz and Philippine National Bank partner on joint venture
Insurer Allianz has acquired a 51 percent share in the Philippine National Bank’s (PNB) life insurance subsidiary.   24 December 2015
Insurance
ACE appoints leadership team for P&C in Asia-Pacific
Insurer ACE has announced the future commercial property and casualty leadership team for the new Chubb Group in Asia Pacific.   23 December 2015
Insurance
NexAssure appoints operations director
NexAssure Management, a third party administrator, has appointed Brian Ong as the operations director in Malaysia.   22 December 2015
Insurance
Tokio Marine Kiln in renewal partnership with Liberty
Specialist and corporate insurer Tokio Marine Kiln (TMK) has confirmed that Liberty Specialty Markets (LSM), provider of re/insurance products, will provide renewal terms on all expiring policies within its non-Japanese portfolio written in Spain.   21 December 2015

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