Macquarie Research’s catastrophe loss model estimates that losses for Q1 2017 currently stand at $8.1 billion, compared to $9.3 billion during the same period in 2016
The Cayman Islands has signed off on eight new insurer licences issued in Q1 2017
The Pan-Asia Risk & Insurance Management Association had 643 members in Q1 2016. Its membership now stands at 1,084 across 41 countries
Hong Kong will become a “world class and leading captive domicile by 2020 with the aim of over five to 10 captives licensed per year and 50 total captives by 2025,” according to the Hong Kong Financial Services Department Council
The Labuan International Business and Financial Centre (IBFC) is to focus on developing niche sectors such as captive insurance in 2017 as part of its strategic plan to develop the jurisdiction
Guernsey Finance has appointed Christopher Chan as its first Hong Kong representative
JLT Re has named William Pang as the new managing director of its Philippines office...
XL Catlin’s reinsurance business has received final approval from the Insurance Regulatory Department Authority of India to open an onshore reinsurance branch office in the country...