Latest Asia Headlines
All the headlines from our Asia Topic Page, ordered by recency.
Inreon Opens Hong Kong Office
Feb 20 2002 // Inreon, the online reinsurance trading platform, has expanded into the Asian market with the opening of a new office in Hong Kong. It hopes to have its Internet platform ready to go in time for renewals on April...
CGNU Sells Portuguese Unit to Ergo, Expands In Asia with DBS Deal
Feb 19 2002 // CGNU, the U.K.’s largest insurance company, continued its planned exit from the European p/c market and its expansion in Asia with the announcement that it would sell its Portuguese property insurance business to...
Some Asian Airlines Still Seeking Help for War
Oct 8 2001 // While most Asian National Flag carriers have been able to obtain government assistance to meet new insurance demands for war and terrorist risk cover, smaller airlines are still seeking solutions, heightened by increased...
Swiss Re Study Sees Strong Growth in Asia
Aug 29 2001 // The latest “sigma” report from Swiss Re, “Insurance markets in Asia: sanguine outlook despite short-term uncertainties,” outlines current and future trends in Asia’s $600 billion insurance...
Prudential plc To Acquire Allstate Life Business in The Philippines, Indonesia
Apr 25 2001 // Britain’s Prudential plc will further expand its operations in Asia with the acquisition of Allstate’s majority holdings in two life insurance companies in The Philippines and Indonesia. Allstate said it was...
Zurich Expands Political Risk Capabilities in Asia
Apr 6 2001 // Zurich North America, the U.S. subsidiary of the Anglo-Swiss Zurich Financial Services Group, announced that it was expanding the role of “its Zurich Emerging Markets Solutions group’s political risk and credit...
HIH Hong Kong Subs Technically Insolvent
Apr 3 2001 // Three Hong Kong based subsidiaries of HIH Australia have been placed under independent administration by the local government, following a preliminary accounting which revealed that their assets included a large portion of...
Transamerica Re Opens Head Office in Hong Kong
Mar 22 2001 // Charlotte N.C-based Transamerica Reinsurance, a division of the Transamerica Group, which is a subsidiary of Holland’s AEGON Insurance Group, announced that it had officially opened its new Head Office for Asia in...
Liberty Mutual Assists in Probe of Car Theft Ring
Mar 6 2001 // Liberty Mutual Insurance Co. lent its cooperation in an investigation, conducted by the Westchester district attorney’s office, the Westchester County Dept. of Public Safety, the New York State Police and the New...
Citigroup Aligns with Taiwan’s Fubon Group, Plans Expansion in Asia
May 8 2000 // Financial services giant Citigroup unveiled a partnership with Taiwan’s Fubon Group on Saturday that will be essential to both entities expansion plans in Asia. Citigroup will invest $750 million to acquire 15...
