Insurers in China report premium growth

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 »

Insurers settle $11.17 billion Canterbury quake claims

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 »

Insurers in Nepal receive 6,000 earthquake claims

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 »

Typhoon likely to hit Japan

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 »

Insurers, reinsurers expect rate fall of 10% at June 1: KBW

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 »

Insurers’ turnover up 5.9% in Portugal in Q1

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 »

Insurance regulator in India to tighten registration rules

India's Insurance Regulatory and Development Authority has proposed to tighten insurer registration norms in the country, reports Business Standard. Read more »

Australia’s Victoria state braces for high winds, snow

High winds are likely to hit several regions of Australia's Victoria state, reported The Guardian. Read more »

Several nations brace for El Nino

The Japan Meteorological Agency is likely to confirm the return of El Nino in 2015, Reuters reported. Read more »

XL Group appoints Eugene McQuade chairman

Eugene McQuade has been named as the new chairman of Dublin-based XL Group P.L.C., The Royal Gazette reports. Read more »