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Specialty tag returned 114 results

  • S&P affirms Asia Capital Re's rating

    S&P Global Ratings has affirmed the financial strength of Asia Capital Re at 'A-' and maintained its outlook for the Singapore-headquartered reinsurer at 'stable'.

    Asia | 20 Aug 2019
  • Australia's second largest global insurer sees net profit rise by 29% in 1H2019

    Despite reporting an underwriting loss of $24m in 1H2019, QBE Insurance posted a 29% jump in statutory net profit amounting to $463m compared to $358m in the same period last year. Its cash profit after tax increased by 35% to $520m. This resulted in the combined operating ratio decreasing to 95.2% from 95.8% year-on-year.

    Asia | 20 Aug 2019
  • Broker selects New Zealand head of M&A and transaction solutions

    Aon has appointed Mr Jonty Vavasour as executive director of M&A and transaction solutions in New Zealand who will be responsible for further building its M&A and transaction liability offering in the country. He joins the broker's dedicated team of over 200 M&A and transaction solutions specialists in 22 major financial centres globally. Based in Aon's Auckland office, he started his new role on 12 August.

    Asia | 13 Aug 2019
  • Understanding of captive insurance grows in Asia, says Labuan IBFC

    Captives remain a vital business segment in Labuan International Business and Financial Centre (Labuan IBFC) with four new captives being approved between January and June 2019, totalling 51 captives registered in the jurisdiction as of June 2019. This represents a growth of 8.5% year on year, according to Labuan Financial Services Authority (Labuan FSA) director general Danial Mah speaking at Labuan IBFC and Swiss Re Corporate Solutions' conference last week at Kuala Lumpur.

    Asia | 13 Aug 2019
  • New head of technology, media and telecoms for broker

    Willis Towers Watson (WTW) has newly appointed Mr Brian Wang as head of technology, media and telecommunications (TMT) for North Asia in the corporate risk and broking business. In his new role, Mr Wang will be based in Taiwan and report to managing director and industry leader (TMT Asia) Sirikit Oh.

    Asia | 06 Aug 2019
  • Aviation community urged to mitigate risk of drone disruption

    Drones are increasingly being used with malicious intent to cause disruption at airports, bringing about a need to manage and mitigate the threat.

    Asia | 05 Aug 2019
  • 1H2019 Results: Robust growth for Brit

    Brit Group has announced a positive first half of 2019 for the global specialty (re)insurance company, with underwriting performance and investment return delivering a strong result.

    Asia | 05 Aug 2019
  • Specialist insurer names new Singapore-based energy underwriter

    Markel International has appointed Mr Mark Nunn as an energy underwriter based in Singapore to replace Mr Tim Foister who has returned to work in its London team. In his new role, Mr Nunn will work closely with its global energy team to manage and further develop its energy portfolio for the Asia Pacific region. He will report to newly-promoted Asia managing director Christian Stobbs.

    Asia | 02 Aug 2019
  • Kuwait: Travel agencies in limbo for lack of insurance

    The lack of insurance is causing huge turmoil among travel agencies in Kuwait.

    Middle East | 30 Jul 2019
  • Credit insurance operations found peppered with internal control gaps

    The regulatory authorities have pointed out widespread internal control gaps in 62 property insurance companies operating credit insurance business.

    China | 26 Jul 2019

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