Monday, February 26, 2018

Hong Kong

Prudential, AIA hit by China’s HK sales restriction

Prudential, AIA hit by China’s HK sales restriction

China’s central bank has tightened restrictions on insurance purchases by mainlanders in Hong Kong.

Read full article

Zuellig eyes 49% stake in FPG Insurance Thailand

Zuellig eyes 49% stake in FPG Insurance Thailand

The company says Thailand offers huge potential because of its comparatively low insurance penetration.

Read full article

Hiscox selling DirectAsia business in HK

Hiscox selling DirectAsia business in HK

The specialty insurer will focus on its operations in Singapore and Thailand, where it sees greater growth opportunities.

Read full article

Gen Re exits Hong Kong, Melbourne

Gen Re exits Hong Kong, Melbourne

The Berkshire subsidiary is also shutting offices in Latvia and the US as part of a global reorganisation.

Read full article

China slowdown prompts Moody’s downgrades

China slowdown prompts Moody’s downgrades

The central government’s capability to support insurers on a broad basis could be weaker than previously assessed.

Read full article

Chinese developer eyes HK’s Dah Sing Life Assurance

Chinese developer eyes HK’s Dah Sing Life Assurance

Country Garden has joined China Life and other bidders for Dah Sing Financial’s insurance arm.

Read full article

Zurich denies rumours of Singapore, HK sale

Zurich denies rumours of Singapore, HK sale

The Swiss insurer is not considering the sale of its businesses in the two cities, contrary to market rumours.

Read full article

Chinese bought US$2.7bn of insurance in HK in 2015

Chinese bought US$2.7bn of insurance in HK in 2015

The number of mainland residents buying insurance products and services in Hong Kong continues to grow.

Read full article

China takes aim at Hong Kong offshoring practice

China takes aim at Hong Kong offshoring practice

The government is concerned that purchases of insurance in Hong Kong are being used to move money offshore.

Read full article

Dah Sing’s US$1bn insurance asset lures Chinese firms

Dah Sing’s US$1bn insurance asset lures Chinese firms

More than 20 Chinese property developers and other firms have shown strong interest in bidding.

Read full article

China caps Hong Kong insurance purchases

China caps Hong Kong insurance purchases

Foreign exchange regulator is stepping up administrative measures to slow capital outflows.

Read full article

Andrew Barrowman joins JLT as Hong Kong head

Andrew Barrowman joins JLT as Hong Kong head

He moves to the role from JLT Australia, where he was head of specialty, servicing clients across multiple lines.

Read full article

Chubb names country heads for HK, Singapore, Korea

Chubb names country heads for HK, Singapore, Korea

The announcement is part of a re-branding after the acquisition by ACE, which closed this month.

Read full article

New rules threaten Hong Kong life insurers’ growth

New rules threaten Hong Kong life insurers’ growth

More stringent underwriting rules are likely to reduce the life insurers’ growth momentum, says Fitch.

Read full article

S&P assigns A+ rating to Metlife Hong Kong

S&P assigns A+ rating to Metlife Hong Kong

Standard & Poor’s has assigned an “A+” rating with stable outlook to MetLife Hong Kong,

Read full article

Asia premium growth to outperform world average in 2016

Premium growth will increase despite tougher regulations and a slowing economy, says Swiss Re.

Read full article

China United Insurance US$1bn Hong Kong IPO rumoured

China United Insurance US$1bn Hong Kong IPO rumoured

The state-backed insurer is reportedly planning to raise about US$1bn in the second quarter.

Read full article

Dah Sing Financial exploring options for life unit

Dah Sing Financial exploring options for life unit

The group has notified the Hong Kong exchange that it is currently exploring options for its life business.

Read full article

InsuranceAsia News video

Nina Klingspor, Allianz Global Corporate & Specialty

Follow InsuranceAsia News

Partner Content

White Papers

Print Edition

WINTER 2017

Defending Asia's evolving risks