Thursday, November 23, 2017

Australia

Tokio Marine buys 50% stake in eSentry Underwriting

Tokio Marine buys 50% stake in eSentry Underwriting

The Japanese insurer has bought a controlling stake in a specialist underwriting agency based in Australia.

Read full article

SCOR veteran to head PartnerRe life & health business

SCOR veteran to head PartnerRe life & health business

Marc Archambault, previously CEO of Asia-Pacific for SCOR Global Life, will be replaced by Craig Ford.

Read full article

Australia pushes for regional calamity risk cover

Australia pushes for regional calamity risk cover

The country is identifying areas where it may be able to encourage affordable disaster risk insurance.

Read full article

Challenger enters Japanese market

Challenger enters Japanese market

It will sell Aussie dollar annuities through a deal with Mitsui Sumitomo Primary Life Insurance.

Read full article

NAB completes sale of life unit to Nippon Life

NAB completes sale of life unit to Nippon Life

After completing the sale of 80% of the unit, the Aussie bank expects a loss of up to A$1.3b on the deal.

Read full article

Chubb makes appointments in its P&C business

Chubb makes appointments in its P&C business

Michael Frazer has been appointed as the new regional head of property, replacing Jason Keen.

Read full article

XL Catlin set to acquire Brooklyn IT

XL Catlin set to acquire Brooklyn IT

Brooklyn is a market-leading underwriting agency in Australia and a Lloyd’s approved coverholder, serving brokers across the country.

Read full article

ANZ likely to sell insurance business

ANZ likely to sell insurance business

The sale is a response to regulatory challenges following the global financial crisis.

Read full article

Chinese investors’ interest in Australian insurers grows

Chinese investors’ interest in Australian insurers grows

M&A activity involving Chinese firms and Australian insurers is expected to rise this year, according to global law firm Clyde & Co.

Read full article

Australia’s Honan enters Malaysia

Australia’s Honan enters Malaysia

The Australian owned and operated broking company has entered a strategic relationship with local broker Hayat.

Read full article

Gen Re exits Hong Kong, Melbourne

Gen Re exits Hong Kong, Melbourne

The Berkshire subsidiary is also shutting offices in Latvia and the US as part of a global reorganisation.

Read full article

Zurich Australia buys Macquarie’s life business

Zurich Australia buys Macquarie’s life business

The Swiss insurer has paid a still undisclosed amount for the acquisition, which is due to close in the second half.

Read full article

Zurich names general insurance CEO for Australia and NZ

Zurich names general insurance CEO for Australia and NZ

Rajbir Nanra, who is currently interim CEO for the business, will take over the role full time.

Read full article

IAG secures US$7bn reinsurance cover for 2016

IAG secures US$7bn reinsurance cover for 2016

The new programme provides protection for most parts of Asia, as well as Australia and New Zealand.

Read full article

Australia’s financial, insurance sector spends US$2.2bn to fight fraud

Australia’s financial, insurance sector spends US$2.2bn to fight fraud

Sophisticated cybercrime seen as one of the biggest threats to the country

Read full article

Chinese investment in insurance industry set to continue

Chinese investment in insurance industry set to continue

The sustained influx of Chinese capital is triggering competition among insurers around the world.

Read full article

Qantas enters Australia’s life insurance market

Qantas enters Australia’s life insurance market

The Aussie airline is launching its own branded health insurance products in partnership with nib.

Read full article

NAB Nippon Life aims to lead Australia’s life market

NAB Nippon Life aims to lead Australia’s life market

The joint venture company is aiming to become the largest writer of life insurance premiums Down Under.

Read full article

Videos

Zainudin Ishak, Malaysian Re

Partner Content

Follow InsuranceAsia News

Print Edition

WINTER 2017

Defending Asia's evolving risks