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Insurance
Allied World Assurance Company Holdings’ Asia-Pacific platform has launched a new product designed to provide a new level of protection for company directors and officers in the Asia-Pacific region. 21 August 2013
Insurance
According to preliminary estimates by sigma, the research arm of Swiss Re, insured losses globally from natural catastrophes and man-made disasters amounted to some $20 billion in the first half of 2013 with flooding being the biggest contributor to these losses. 21 August 2013
Insurance
Specialist insurer, Markel has appointed Matthew Cannock as managing director of Markel International in Singapore. Cannock will replace Peter Phillips, who has led Markel’s operations in Asia Pacific since 2007. 19 August 2013
Insurance
The renewable energy industry could be spending three times as much on insurance by 2020 to mitigate risks to projects as investors increasingly understand the value different insurance products can bring to the sector, offering an opportunity for insurers. 14 August 2013
Insurance
Arthur J Gallagher (AJG) (Singapore) has appointed Maxwell Sung as managing director reinsurance as part of strategic plans to increase its reinsurance portfolio in Asia. 12 August 2013
Insurance
The record rainfall experienced in the greater Toronto metropolitan region, resulted in Canada’s second billion-dollar natural disaster event of 2013 – the first being an extensive flood event that inundated the province of Alberta in June, according to a report by Aon Benfield’s catastrophe modelling centre, Impact Forecasting. 8 August 2013
News
Robust development of insurance in Asia coupled with the region's low contribution to global reinsurance premiums written and strong economic growth means huge growth potential for reinsurance in the region, according to Fitch Ratings. 7 August 2013
News
Partners Life, the New Zealand-owned life insurance company founded in 2011, has revealed that Berkshire Hathaway and PartnerRe have become retrocessionnaires on its reinsurance treaty with SCOR. 7 August 2013
Insurance
XL Group has appointed David Guest as underwriting manager, crisis management, Asia. 2 August 2013
Insurance
Allied World Assurance Company Holdings has launched Allied WorldWide, a platform which aims to simplify the buying process that multinational companies face when purchasing insurance protection for worldwide locations. 31 July 2013
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