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FP Marine Risks, a specialist marine insurance broker, has appointed Rupert Morton as head of reinsurance for Australia, New Zealand and the Pacific. 18 February 2014
Insurance
Watkins Syndicate Singapore has appointed Colin Fordham as liability underwriter and Richard Dare as energy underwriter in a bid to further expand its presence in Asia. 17 February 2014
Insurance
As floods continue to ravage the UK, California faces the lowest precipitation in recorded history for the state which has already led to exceptionally severe drought conditions in the area according to Guy Carpenter. 13 February 2014
Insurance
January’s extreme weather in the US will cost the industry over $1.5 billion in insured losses according to Impact Forecasting, Aon Benfield's catastrophe model development centre. Economic losses are estimated at $3 billion. 7 February 2014
Insurance
Global insurance pricing was down in all areas except the US at the end of 2013 according to Marsh. 6 February 2014
Insurance
Bermuda-based insurer Ironshore looks to acquire Assetinsure Holdings, an Australian specialty insurer providing surety, aviation, credit and property coverage. 5 February 2014
Alternative Risk Transfer
Korean Re has unveiled an ambitious and wide-ranging vision that would see it become one of the world’s top three reinsurers. 29 January 2014
Insurance
ACE Group has appointed Anthony O'Brien as head of marine insurance in Asia Pacific. He will be based in Hong Kong and will report to Paul McNamee, deputy regional president and regional head of property & casualty for Asia Pacific. 24 January 2014
Alternative Risk Transfer
The insurance industry appears to be close to establishing a solution, likely to use a structure similar to that used in insurance-linked securities (ILS), which would mean much better insurance coverage for the Philippines. 22 January 2014
article
Markel International, the specialist insurer, has promoted Li Shengnan to head the offshore energy team in Singapore. In a new appointment, Kelvin Lee also becomes assistant manager, finance and operations. 20 January 2014
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