Asia News
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Maritime firms fear cyber-attack supply chain breakdowns, XL Catlin warns
Attacks on ports such as Antwerp raise concerns about cyber risk and its effects on resilience, according to specialty insurer XL Catlin
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XL Catlin becomes founding member of InsurTech Asia Association
The mechanism will help the (re)insurer to explore insurtech in the region
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DWIC18 ends on optimistic note
The two-day event, co-hosted by the Dubai International Financial Centre (DIFC), saw a global delegate contingent of nearly 600 network and gain insight
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DWIC18 - Insurers must evolve or die, Vincent Vandendael
The Lloyd’s chief commercial officer told DWIC delegates that the ecosystem business model was the way forward
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XL Catlin appoints new director for emerging markets development
Claudia Thyme brings 20 years’ experience to the role
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Charles Taylor Adjusting hires new managing director for Marine
Current MD Paul Silver retires after four decades in the field
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Swiss Re selling minority stake to SoftBank credit positive – Moody’s
Deal expected to give the reinsurer a ’competitive advantage’
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Allianz to acquire Sri Lanka-based Janashakthi General Insurance
The firms expect the deal to complete in first quarter of 2018
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IFRS 17 could prove as costly as S2 for global insurers
The new global accounting reporting standard for insurance contracts are set to have large-scale financial impact
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JLT Re appoints new Asia Pacific chief executive
New JLT Re Asis Pacific CEO to start in February
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Highest cat losses on record fail to move the dial
Upward impact on pricing due to record losses in 2017 confirmed – but localised to cat
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Sompo breaks into cyber security space
The new business supports the Japanese firm’s efforts to tackle cyber risk
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Brexit prompts Japanese insurer to shift Europe unit out of UK
Japanese insurer picks new location for European unit post Brexit
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Allianz offloads part of life insurance portfolio in Taiwan
China Life Insurance set to take on the policies
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Markel launches fintech insurance in Singapore
The Singapore cover follows on the heels of a UK version introduced earlier this year
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Indian tech giant NIIT wins major deal with Gallagher MGA
NIIT to help Gallagher MGA in US and UK
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Ed hires new MENA and India lead
Ed turns to region expert for headship of key emerging markets
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M&A key means to stay relevant, says S&P
Many firms terming to M&A for diversification and size
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Canopius sold by Sompo
Sompo Holdings chief outlines what went wrong with Endurance and Canopius