Country: East Asia Page 1 / 230
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- March 27 2026
CPIC’s P&C insurance division shows ‘marked improvement’
Combined ratio fell by 1.1% to 97.5% in FY25, while the division’s primary premium income was almost flat at US$29.6bn.
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- March 27 2026
PICC P&C’s FY25 underwriting profit zooms 119% to US$1.8bn, COR down to 97.5%
China's largest insurer reported premium income of US$80bn, while its net profit grew 25% to US$5.8bn.
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- March 26 2026
Ping An P&C doubles FY25 underwriting profit to US$1.5bn, COR improves to 96.8%
Chinese carrier's insurance revenue rose by 3.3% year-on-year to US$49bn.
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- March 26 2026
China Taiping’s Hong Kong P&C COR hits 103.4% in FY25 after Wang Fuk Court fire
Fall in underwriting results comes after its exposure to November's fire, which killed 168 people.
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- March 26 2026
XS Global hires Daniel Abramson as head of construction underwriting for APAC
Abramson, who previously worked at AIG for 17 years, will be based in Hong Kong.
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- March 25 2026
Hong Kong’s proposed RBC amendments credit positive, AM Best says
Adjustments could encourage domestic insurers with robust underwriting capabilities or strong parental backing to explore overseas growth opportunities.
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- March 25 2026
China P&I Club posts record renewal for 2026 policy year
Vessels include MV Adora Magic City, China’s first domestically built large cruise ship.
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- March 24 2026
Swiss Re’s Victor Kuk to succeed Franz-Josef Hahn as Peak Re CEO
Co-founder Hahn will assume the position of special adviser, continuing to provide strategic oversight until October 9.
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- March 24 2026
Zhang Daoming to become PICC president: report
He has been the temporary responsible officer of the People’s Insurance Company of China (PICC) since December following Yu Ze's resignation in December.
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- March 24 2026
Markel launches W&I offering in Asia with key hires in Hong Kong, India
Lloyd's carrier hires Aon's Siddick Khan as a senior W&I underwriter in Hong Kong and Shubhi Nigam as an underwriter in India.
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- March 23 2026
Berkshire Hathaway to pick up 2.5% of Tokio Marine for US$1.8bn, agree quota share deal
Wide-ranging strategic partnership between National Indemnity Company (Nico) and Tokio Marine, will also include a strategic collaboration in M&A.
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- March 23 2026
Willis partners with Circles for fine art facility with lower premium threshold
Offered across Hong Kong, Singapore and Thailand, it can cover art assets of up to US$230,000 for private collectors.
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- March 23 2026
‘Promising’ outlook as Japan’s P&C insurers reap benefits from diversification
Japan's non-life carriers are profiting from share sales, higher investment income, light natural catastrophe losses, and diversification of their revenues abroad.
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- March 20 2026
Hana Financial, Korea Investment, JC Flowers finish due diligence on Yebyeol Insurance ahead of main bid
Korea Deposit Insurance Corporation will review the management plans submitted by the three candidates before choosing a preferred negotiating party.
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- March 19 2026
Sompo’s overseas profit to exceed 50% of total in FY26: Fitch
Insurer's relevant probable maximum losses from the Iran conflict will be limited, the rating agency said.
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- March 19 2026
Chinese insurer Sunshine grows GWP 17.4% to US$21.9bn in FY25
Hong Kong-listed Sunshine says it made 'steady and solid' progress, recording a net profit of US$918m.
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- March 17 2026
BPL sets up shop in Japan amid international expansion, names Kenichi Iwakura CEO
Credit and political risk insurance broker already has offices in London, Paris, New York, Singapore, Hong Kong, and Geneva.
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- March 17 2026
Exclusive: BNP Paribas Cardif needs 4 years to exit Taiwan P&C market amid US$15m shortfall
Financial Supervisory Commission has recieved a business cessation application from the Taiwan Branch of Cardif-Assurances Risques Divers.
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- March 17 2026
Japan, Australia export insurers renew reciprocal reinsurance pact
Deal between Export Finance Australia and Nippon Export and Investment Insurance streamlines reinsurance operations and boosts support for exports to third countries and joint projects.
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- March 16 2026
Exclusive: BP Marsh-backed MGA Amiga Specialty obtains Hong Kong licence
Led by Ralph Sherbahn, Amiga will begin underwriting of financial lines products with Axa XL capacity.
