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Insurance
QBE appoints chief risk officer
QBE Insurance Group has appointed a chief risk officer. Jason Brown will succeed George Thwaites, who, after a brief sabbatical, is considering other roles within the QBE Group.   26 March 2014
News
Climate change will increase losses: Swiss Re
A quiet hurricane season in the US was the biggest contributing factor to global insured losses from catastrophes totalling just $45 billion in 2013, a big decrease on the $81 billion of losses incurred by the industry in 2012, according to a report by Swiss Re.   26 March 2014
Insurance
ACE shuffles financial lines management
Insurer ACE Group has reshuffled its leadership of its financial lines business in the Asia Pacific region.   21 March 2014
Insurance
Regulatory timetables are too ambitious: GFIA chair
The unrealistic and unnecessarily ambitious timetables set around the implementation of some global regulatory regimes with profound consequences for insurers risk hindering the industry’s ability to support the ambitious economic growth targets agreed last month by G20 finance ministers.   21 March 2014
News
Miller expands Asia team
Broker Miller has added non-marine treaty reinsurance specialist John Park to its team in Asia.   20 March 2014
Insurance
China holds promise and risk for European businesses
Moving into China may provide considerable growth opportunities, but also creates a multitude of complex risks that require sophisticated insurance coverages, says Devadas Krishnadas managing director of Future-Moves, Southeast Asia’s first dedicated foresight consultancy.   20 March 2014
Insurance
Re/insurers investing more in risk management
Most re/insurers are now managing capital using metric-based frameworks and are publishing more about their risk management targets than ever before.   20 March 2014
Insurance
Willis opens office in Myanmar
Willis has opened a representative office in the Republic of the Union of Myanmar, the country previously known as Burma. The office will be in the city of Yangon.   20 March 2014
Alternative Risk Transfer
Tokio issues second quake bond
Tokio Marine & Nichido Fire Insurance, the property and casualty subsidiary of Tokio Marine, has issued a $245 million Bermuda-based bond for Japanese earthquake risk.   19 March 2014
Insurance
Hong Kong captives set for 50% tax reduction
Hong Kong’s Legislative Council has passed an Inland Revenue Amendment that will provide a 50 percent tax concession on the profits of captive insurers.   19 March 2014

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