Fifty one of 61 unlisted nonlife insurers in China have posted increased premium volume in 2014, reported Asia Insurance Review citing the Securities Daily. Read more »
Private insurers in New Zealand have settled nearly $15 billion New Zealand ($11.17 billion) building claims since the Canterbury earthquakes, reports Radio New Zealand. Read more »
Nepal's Insurance Board said that insurers have received 6,000 claims so far following the recent earthquake that hit the country, E Kantipur reported. Read more »
Japan's meteorological agency has said that typhoon Noul is likely to hit the country's Okinawa Islands and Amami region of Kagoshima Prefecture, reports The Japan Times. Read more »
Analysts at U.S.-based Keefe, Bruyette & Woods Inc. have said that several Bermudan insurers and reinsurers expect June 1 renewal rates to be down about 10% year on year, reported Artemis.bm. Read more »
Portugal's supervisory authority of insurance and pension funds has said that the direct insurance turnover of the country's insurers increased 5.9% year on year to €3.7 billion ($4.12 billion) in the first... Read more »
India's Insurance Regulatory and Development Authority has proposed to tighten insurer registration norms in the country, reports Business Standard. Read more »
High winds are likely to hit several regions of Australia's Victoria state, reported The Guardian. Read more »
The Japan Meteorological Agency is likely to confirm the return of El Nino in 2015, Reuters reported. Read more »
Eugene McQuade has been named as the new chairman of Dublin-based XL Group P.L.C., The Royal Gazette reports. Read more »