Articles by Andrew Tjaardstra
Hong Kong insurers should prepare soon for regulator levy, says EY
Hong Kong's insurers have less than five months to prepare to implement the premium levy to fund the Insurance Authority.
QBE appoints former Chubb director as Malaysia CEO
Australian insurer QBE has made a senior appointment in Malaysia.
Zurich's first half global P&C profit falls 15%
Swiss insurance giant Zurich saw a 15% fall in pre-tax P&C global profit in the first half of the year.
Ping An launches emergency initiative after deadly Sichuan earthquake
Chinese insurance giant Ping An is waiving premiums and fast tracking claims following a deadly magnitude 6.6 earthquake in Jiuzhaigou, Sichuan during peak tourist season this week.
Munich Re's P&C profit drops 29% in first half; Ergo returns to profit
Global reinsurer Munich Re had a mixed first half to the year as the firm was hit by the London Grenfell Tower disaster as its primary insurer Ergo returned to profit.
AIG sees 87% spike in Greater China cyber enquiries following Wanna Cry
Following the global ransomware attack named as Wanna Cry in May Asian firms are becoming more interested in cyber insurance.
Over $10bn of China economic losses in six weeks, says Aon Benfield
Aon Benfield's nat cat experts Impact Forecasting has recorded over $10bn of economic losses in China over a six week summer period following heavy flooding.
Markel hires political risk underwriter in Singapore
Specialist insurer Markel has recruited a political risk underwriter in Asia.
Flooding and storms wreak havoc across Asia
As Typhoon Noru approaches Japan flooding has killed over 250 people across Asia over the last few weeks and caused hundreds of millions of dollars of damage.
Berkshire Hathaway's underwriting losses continued in Q2
(Re)insurance giant Berkshire Hathaway swung from a $337m (£258m) underwriting profit in the second quarter of 2016 to a $22m loss in Q2 2017.
Uncertainty hampering M&A activity, says Clyde and Co
Corporate uncertainty around Brexit and tighter Chinese monetary controls has been hampering M&A activity in global insurance this year according to international legal firm Clyde and Co.
Swiss Re's first half profit falls 35% as Cyclone Debbie costs reach $360m
Global reinsurance giant Swiss Re saw powerful Cyclone Debbie contribute towards a 35% fall in profit in the first half of 2017 while gross written premiums declined by over $1.5bn (£1.14bn).
Brit's profits fall in first half
UK-based Brit Insurance's investment returns have hit profits in the first half of the year.
Gallagher expands in Canada with Quebec purchase
International broker Arthur J Gallagher has bought its first broker in Quebec.
Germany spurs Axa's first half global P&C results
Paris-headquartered insurer Axa's 2017 P&C results for the first half were buoyed by strong performances in Germany, its EMEA-LatAm business and Axa Corporate Solutions.
AIG's global commercial premiums fell 15% in Q2
US global insurance giant AIG posted a 102.7% combined operating ratio for commercial lines in the second quarter.
Suncorp's FY insurance profits climb 30% in Australia; drop 55% in New Zealand
Brisbane-headquartered financial services group Suncorp saw mixed results in its two key insurance markets for the full year ending 30 June.
RSA UK underwriting profits fall by £59m in H1
Insurance giant RSA saw its underwriting profit take a £59m hit from the impact of the Ogden discount rate and other losses in H1, compared to the same period last year.
QBE to repay millions in Australia following add-on review
Australian giant QBE will repay customers A$15.9m (£9.6m) following a review of add-on insurance sales by the Australian Securities and Investments Commission.
Willis Towers Watson's Schreiber to join JLT in Hong Kong
Willis Towers Watson senior director Kurt Schreiber will be leaving the global and broking advisory firm to join rival JLT.
China's regulator wants insurers to help "stabilise" society
China's regulator the China Insurance Regulatory Commission is determined to continue its reform of the insurance sector.
Tranquillo promoted at FM Global
Stefano Tranquillo, FM Global's senior vice president and regional manager Asia-Pacific, has been promoted.
Munich Re warns on New Zealand earthquake capacity
A senior member at Munich Re has given a warning on the ability to provide earthquake cover in New Zealand in the future.
Australian broker Honan creates technology division
Melbourne-headquartered broker Honan Insurance has created a technology division to enhance its client capabilities.