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Alternative Risk Transfer
A great deal of education needs to take place across Asia before the used of insurance-linked securities (ILS) truly gains traction in the region, Siew Wai Wan, senior director, insurance, Fitch Ratings, told SIRC Today. 1 November 2015
Insurance
The move by the Monetary Authority of Singapore to allow Lloyd’s service companies in Singapore to delegate authority to third parties represents a game changer for Lloyd’s in Asia and will enable significant growth, Kent Chaplin, Lloyd’s head of Asia-Pacific, told SIRC Today. 1 November 2015
Insurance
The overall premium total for the London company market in 2014 was £22.9 billion, according to a new report by the International Underwriting Association (IUA). 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
Global law firm Clyde & Co has expanded its South Africa presence with the hire of five partners, four of which specialise in insurance. 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
Re/insurance company AXIS Capital suffered a decline in its profits in the third quarter mainly due to high offshore energy losses and adverse impact of volatility its investment portfolio. 28 October 2015
Insurance
Antares, part of Qatar Insurance Group, has launched Antares Underwriting Asia, a new offering on the Lloyd’s Asia Platform. 28 October 2015
Insurance
Property/casualty insurer ACE has expanded its political risk and credit division to Japan. 28 October 2015
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