Latest Asia Headlines
All the headlines from our Asia Topic Page, ordered by recency.
Berkshire Hathaway Hires Two Sr. Execs from AIG Asia – WSJ Report
Aug 14 2014 // Berkshire Hathaway has hired two senior executives from American International Group’s Asia operations to boost its insurance business in the region, the Wall Street Journal reported citing people familiar with the...
AIG’s 13-Year Wait Gets Longer as Modi Rebuffed: Corporate India
Aug 14 2014 // American International Group Inc. has waited 13 years in India to raise its stake in a local venture from a maximum allowed 26 percent. That wait is about to get longer. Opposition lawmakers, during the current session of...
U.S., Rockefeller $100M Fund Promotes Natural Disaster Mitigation, Insurance for Poor
Aug 6 2014 // The U.S. Agency for International Development and the Rockefeller Foundation are starting a $100 million project to prepare vulnerable communities for climate- caused humanitarian disasters before they happen. The...
Singapore Tells Airlines to Review Conflict Zone’s Risk Assessments
Jul 23 2014 // Singapore’s civil aviation authority has asked airlines based in the city-state to review their risk assessment of conflict zones following the shooting down of a Malaysia Airlines jetliner over Ukraine last...
Airlines Shocked by Jet Attack; Ask Why No-Fly Zones Are So Rare
Jul 22 2014 // A universal no-fly area declared in eastern Ukraine after the downing of Malaysian Air Flight 17 is a rare restriction currently shared only with North Korea, prompting airlines including Deutsche Lufthansa AG to question...
Gen Re Announces Senior Appointments in Asia Pacific
Jul 22 2014 // Berkshire Hathaway’s General Re has announced a number of senior appointments in the Asia Pacific region, as follows: Pietro Toffanello will assume the role of Property/Casualty Regional Manager for Asia Pacific, in...
As America Overall Ages with Boomers, Energy States See Youth Boom
Jul 21 2014 // Seven states, including five in the Great Plains, saw their median age decline between 2012 and 2013, according to U.S. Census Bureau estimates. At the same time, the median age for the United States as a whole ticked up...
Dryad Maritime Reports ‘Increasing Threat’ of Piracy in Southeast Asia
Jul 10 2014 // Marine intelligence specialist Dryad Maritime has issued a warning of an increasing threat from Southeast Asia piracy following the release of their second quarter figures, which show that the area continues to experience...
As America Overall Ages with Boomers, Energy States See Youth Boom
Jul 7 2014 // Seven states, including five in the Great Plains, saw their median age decline between 2012 and 2013, according to U.S. Census Bureau estimates. At the same time, the median age for the U.S. as a whole ticked up from 37. 5...
As America Overall Ages with Boomers, Energy States See Youth Boom
Jun 26 2014 // Seven states, including five in the Great Plains, saw their median age decline between 2012 and 2013, according to U.S. Census Bureau estimates. At the same time, the median age for the U.S. as a whole ticked up from 37.5...
Japan’s MS&AD Planning on Insurance Acquisitions for Growth in Southeast Asia
Jun 24 2014 // MS&AD Insurance Group Holdings Inc., Japan’s largest non-life insurer, will seek acquisitions in Southeast Asia to expand its overseas business, said President and Chief Executive Officer Yasuyoshi...
ACE Names Chen Underwriting Manager for Asia Property, Terrorism
Jun 23 2014 // ACE Group has appointed Cassie Chen as regional Property and Terrorism underwriting manager for Asia. She will be based in the Singapore regional office and will report to Jason Keen, head of Property for Asia. Chen joined...
QBE Reorganizing to Create Emerging Markets Division for Lat.Am.-Asia Pacific
Jun 16 2014 // Australia’s QBE Insurance Group Limited has announced “a strategic change to ensure its business is positioned for profitable growth.” QBE said that after a review of its organizational structure,...
Verma to Head New Catlin Office in Dubai International Financial Center
Jun 5 2014 // Catlin Group Limited has announced the establishment of Catlin Middle East Limited in the Dubai International Financial Centre (DIFC). Catlin Middle East “offers facultative reinsurance to insurers in the Gulf...
Dryad Maritime Warns of Increases in Southeast Asia Cargo Thefts
Jun 4 2014 // The latest report of a tanker hijack in Southeast Asia has prompted Dryad Maritime to issue an advisory to its shipping clients, based on the supposition that “crime follows a pattern, which has seen up to six such...
The Importance of Having an Integrated Services Solution
Jun 2 2014 // U.S. multinational businesses are increasingly seeking opportunities in new regions of the world, expanding outside of the United States and continental Europe into sub-Saharan Africa, Asia and Latin America. As their...
Cotter to Head New Allied World Office in Sydney, Australia
May 29 2014 // Allied World Assurance Company Holdings, AG announced the opening of a new branch office of Allied World Assurance Company, Ltd in Sydney, Australia “to further expand distribution networks in the Asia Pacific...
Cooper Gay Swett & Crawford Launches 1st MENA Operation in Dubai
May 22 2014 // Global wholesale and reinsurance broker Cooper Gay Swett & Crawford (CGSC) announced that after receiving the requisite approval from the Dubai Financial Services Authority it has launched Cooper Gay (Dubai) Limited, a...
Markel Int’l. Appoints Tidey Assistant Marine Underwriter in Singapore
Apr 21 2014 // Specialist insurer Markel International has appointed Luke Tidey as an assistant marine underwriter in its Singapore office. He joins the team in Singapore from Markel’s Stockholm office where he held the same...
A Tough Sell: Insurance Coverage for a China Financial Crisis
Apr 21 2014 // Selling insurance against a financial crisis should not be difficult five years after the last one nearly wrecked the global economy. But when it comes to China, the world’s second-largest economy, the probability of...
