Articles by Andrew Tjaardstra
Allianz appoints Hong Kong CEO
Mark Mitchell will take on the CEO role of Allianz Global Corporate and Specialty Hong Kong branch with responsibility for Greater China on 14 February.
Lockton's former Singapore CEO to join RSA
Nick Garrity, formerly CEO for Lockton Singapore, is set to join RSA with Manan Sagar taking over as CEO at Lockton Singapore.
Indonesian bank eyes selling insurance at its branches
Bank Rakyat Indonesia is considering selling insurance to its 40 million customers via its 4 000 branches across Indonesia.
Powerful earthquake strikes near Solomon Islands
A magnitude 8.0 undersea earthquake near the Solomon Islands led the Pacific Tsunami Warning Centre to issue tsunami alerts for a host of countries although they have since ended with the threat passing.
Hong Kong Federation of Insurers slams fine proposals on sales reps
The insurance body has submitted a report to the Financial Services and the Treasury Bureau outlining its concerns over proposed fines of up to HK$10m under a new regulator.
Kiln strengthens underwriting teams in Singapore and Hong Kong
As Lloyd's insurer Kiln grows in Asia, it has appointed two senior underwriters in Hong Kong and Singapore for marine and aviation.
1 500 join class action lawsuit against South Korean life insurers
Seven South Korean insurers set for lengthy legal battle following claims of price fixing insurance premiums.
Ping An purchase already paying dividends
Share price rise is good news for the Charoen Pokphand Group, the Thai conglomerate that bought HSBC's 15.57% stake in Chinese insurer Ping An.
Lloyd's China CEO hails growth ahead of London visit
More syndicates are placing underwriters in Lloyd's China as it sees premiums rise ahead of CEO Eric Gao's London visit in January.
UK has large rise in recalls of Chinese-made products
Law firm Reynolds Porter Chamberlain has discovered that Chinese made products accounted for 78% of all UK non-food consumer goods recalls in 2012 up from 54% in 2011.
Asian Development Bank calls for government disaster risk financing initiatives
With only 5% of disaster losses insured in Asia, the Asian Development Bank wants Asian governments to offer risk financing instruments such as catastrophe bonds to help with disaster resilience.
Thai government reinsurance fund reassures companies
International and domestic companies that suffered damage during the devastating Thai flooding in 2011 have purchased 3,745 catastrophe insurance policies from the National Catastrophe Insurance Fund.
Insurance Insight Q+A: Mark Saunders, Towers Watson
Insurance Insight interviews Mark Saunders, managing director, Hong Kong and managing director for the insurance sector, Asia Pacific at Towers Watson.
Insurers and Australian government work together in bushfires aftermath
Insurers and the government are helping residents in Tasmania recover following huge bushfires after extraordinarily hot weather.
Chinese regulator to rule on HSBC's Ping An stake sale
The Chinese Insurance Regulatory Commission is expected to rule on HSBC's proposed stake sale to Thai conglomerate Charoen Pokphand Group on 1 February.
Queensland flood damage bill reaches AUS$290m; costs set to rise
The devastating flooding in Queensland is expected to cost well over AUS$290m as over 25 800 claims have been received by insurers with more to come, according to the Insurance Council of Australia.
Listings for government owned insurers in India on hold
According to a senior official at the Indian finance ministry, the government has put off plans to list state run insurers as their financial health is not conducive.
Munich Re study predicts greater storm activity in Asia
A study by Munich Re and the German Aerospace Centre predicts we are coming up to the end of a 10-year cycle which will bring greater storm activity in east and south east Asia.
Singapore consults industry on risk management guidelines
The Monetary Authority of Singapore has outlined enterprise risk management guidelines for the insurance industry as it works towards an end of year deadline.
IAG receives over 5000 claims from Australia floods
Insurance Australia Group's insurance businesses NRMA Insurance and CGU have received 5600 claims following damage from ex-tropical cyclone Oswald in Queensland and New South Wales.
Machell to leave Aviva; AIA veteran lined up as successor in Asia
Simon Machell, chief executive of higher growth markets, Aviva is to leave the company at the end of February.
Fire and natural catastrophes top business concerns in Asia, says Allianz
Business and supply chain interruption caused by natural disasters is the number one risk faced by companies in Asia according to the Allianz Risk Barometer 2013.
Indian regulator asks for fraud review at insurers
The Insurance Regulatory and Development Authority in India has sent a letter to the chief executives of insurers and reinsurers in India setting out its fraud regulatory framework.
Ace appoints underwriting manager in south east Asia
Jason Keen, Ace's head of property and casualty in Singapore, is to take up a new role as head of regional underwriting strategies for south east Asia.