Country: East Asia Page 1 / 215
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- July 3 2025
Ardonagh strengthens Asia footprint with majority stake in Hong Kong-based Apex
Apex will be operated alongside PSC’s Hong Kong operations, PSC HK Insurance Group, strengthening Ardonagh’s footprint in the region.
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- July 3 2025
FWD Group’s US$442m Hong Kong IPO covered 38 times: report
Local media reported Hong Kong insurer attracted US$1.7bn from retail bookbuilding, with trading set to start on Monday.
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- July 3 2025
Japanese non-life insurers to rely more on underwriting, global growth: Fitch
Three major insurance groups - Tokio Marine, MS&AD, and Sompo - reported a sector-wide combined ratio of 99% in FY2025.
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- July 3 2025
Howden Re sets up treaty capability in Hong Kong with Roy Wong appointment
Wong will establish and lead the build-out of Howden Re’s treaty reinsurance offering for Hong Kong based clients, "reflecting the specific requirements of the region".
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- July 3 2025
Aon names Keiko Seta as head of Japan desk
Seta joins having spent the last five years at Miller Insurance Services.
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- July 2 2025
Gallagher Re to assume 100% control of Japan P&C cedent fac portfolio from JV partner Miller
Reinsurance broker has also appointed Pablo Muñoz as CEO for global facultative reinsurance business.
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- July 2 2025
Howden snaps up majority stake in Japanese retail broker Holos Holdings
Global broker will pick up a 68.3% stake in the Kyoto-based life and non-life insurance intermediary with 20 branches in Japan.
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- July 2 2025
Korea mulls restarting MG Non-Life sale process, but will persist with liquidation process: reports
KDIC said it has reached agreement with insurer's labour union to pursue both the transfer of insurance contracts to five non-life insurers and the sale.
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- July 2 2025
QBE Asia amps up wholesale team with 2 senior leadership appointments
Wholesale insurer has named Hong Kong-based Cynthia Huang head of Taiwan and Greater China desk (facultative reinsurance) and Singapore-based Young Jun Lee as head of wholesale Asia, construction and engineering.
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- June 30 2025
Axa XL recruits Vincent Shiu as client relationship leader for Asia
Hong Kong-based Shiu joins the specialty carrier from Axa.
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- June 30 2025
Chubb Japan promotes Akira Hayasaka to head of claims services division
Tokyo-based Hayasaka, who was formerly head of commercial claims for the carrier, will report to CEO Edward Kopp.
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- June 27 2025
Japanese general insurers’ FY24 COR improves by 0.9 percentage points to 96%: GIAJ
Net written premium rose 4.9% to US$66.5bn while underwriting profit fell 28.6% to US$874.4m, according to a report of General Insurance Association of Japan, covering 31 member companies.
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- June 26 2025
FWD Group starts bookbuilding for US$442m Hong Kong IPO
Hong Kong-based insurer, backed by billionaire Richard Li, is set to list on the main board on July 7.
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- June 25 2025
Howden snaps up ex-BMS duo to launch Japan M&A practice
Tim Hewitt, who will head the new division, and Kaori Iwai join the global broker following BMS'exit from the country earlier this year.
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- June 25 2025
Everest Insurance launches Korea desk, led by Brian Jee
Singapore-based Jee joined Everest two years ago from Chubb as a senior underwriter.
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- June 25 2025
Tokio Marine seeks ‘geographic diversity’, eyes US P&C expansion amid global acquisition push: report
New CEO Masahiro Koike says 'if there are good opportunities, we want to grab them'.
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- June 24 2025
Hong Kong’s Nova announces senior leadership changes as MD Patrick Chan retires
Rebecca Au will take over as managing director, while Conrad Wong and Joseph Lee have been named chief commercial officers.
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- June 24 2025
Sompo names Alasdair Walker Hong Kong CEO as Li Sheung Kin set to retire
Walker will be responsible for driving Hong Kong’s profitability and capabilities as a key commercial business hub in Asia Pacific, reporting into regional insurance CEO Kenneth Reilly.
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- June 24 2025
Korean insurers to face capitalisation pressure due to falling interest rates, tighter norms: Fitch Ratings
Ongoing volatility in investment returns amid financial market uncertainty could challenge the overall stability of insurers’ profitability, according to the global rating agency.
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- June 20 2025
Aggregated losses from typhoon Wutip could reach hundreds of millions of US dollars: Aon
Particularly significant economic and insured losses are expected due to widespread flooding in southern China.
