Country: Asia Page 223 / 479
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- July 18 2022
DB Insurance benefits from underwriting improvement: AM Best
The Korean firm's five year average COR is the lowest among its domestic peers.
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- July 15 2022
Hong Kong’s Target placed into liquidation by HKIA
The taxi insurer ran into trouble at end of 2021 as HKIA's CEO says there's "room for improvement" in the market.
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- July 15 2022
WTW promotes Iris Chan to lead Hong Kong broking arm
Chan will also continue in her role as director of construction for Hong Kong and Macau.
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- July 15 2022
Taiwan’s GI market to hit US$9.6bn GWP in 2026: GlobalData
Growth to be driven by property, health insurance and a recovery in new vehicle sales.
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- July 14 2022
Lockton Singapore names Deborah Thomasz as specialties lead
Thomasz has switched roles at the global broker.
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- July 14 2022
Chinese insurtech sector lures capital but not returns
Funding hit record high in Q1 despite underperformance of listed players.
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- July 14 2022
India to help spur global premium growth: Swiss Re
India is on course to be the sixth largest insurance market in the world by 2032.
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- July 14 2022
Liability and health books are growth drivers of China’s non-life market: Fitch
Non-motor lines have increased by 10.7% in the first five months of 2022.
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- July 13 2022
China heightens oversight as insurance assets bulk up
With the top four players controlling over half the market, any company failure is a huge risk to the economy.
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- July 13 2022
Insurtech wefox raises US$400m, targets Asia by end of 2024
The firm is now valued at over US$4.5bn after another fundraise.
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- July 12 2022
Beazley appoints financial lines underwriter in Singapore
Harriet Monro most recently worked in the Lion City at WTW as an associate director.
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- July 12 2022
China’s regulators issue draft rules on ‘systemically’ important insurance groups
The evaluation scope includes scale, correlation, asset realisation and substitutability.
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- July 12 2022
Indonesia’s Sinar Mas outlook ‘favourable’ despite 102% COR: Fitch
The firm's COR deteriorated last year compared with 2020.
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- July 12 2022
APAC free trade pact could boost premiums by US$29bn
With 16 countries involved, RCEP will increase demand across lines including marine, trade credit and engineering.
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- July 11 2022
Gallagher eyes North Asia expansion
The broking giant has set-up a new office in Hong Kong led by Irene Chiu and has ambitious plans.
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- July 11 2022
MS Amlin Lloyd’s syndicate has ‘stable’ outlook after return to profit: AM Best
Asia Pacific chief executive Will Ho has said the firm "is committed to expanding in the region".
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- July 8 2022
Starr promotes Jon Tam to Hong Kong head of financial lines
Tam joined the global insurance group in the SAR in 2018.
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- July 8 2022
Miller acquires Japanese marine broker Lead Insurance Services
Lead specialises in hull, war risks and protection & indemnity.
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- July 7 2022
Claims specialist Patsy Wong joins Peak Re from AGCS
Wong started at the reinsurer this month and is based in Hong Kong.
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- July 7 2022
Hanwha General’s underwriting measures improve performance: AM Best
Negative impact of its start-up subsidiary Carrot is also expected to decrease.
