Country: East Asia Page 1 / 215
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- July 14 2025
Miller launches South Korea marine practice after Marsh team raid
KyungSeop (KS) Shim will lead the new team as head of specialty, and is joined by Justin Roh, Hana Jung, and Jayce Park.
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- July 14 2025
HDI Global, Descartes collaborate to offer parametric earthquake cover in Japan
Claims will be triggered based on thresholds measured by Japan Meteorological Agency’s shindo seismic intensity.
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- July 14 2025
Howden appoints Phil Steel as associate director for business development in Hong Kong
'Seasoned insurance sales professional' joins the broker from Aon.
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- July 10 2025
Zurich hands Jim Qin expanded role as CEO for Hong Kong life and general insurance arms
Qin has been the CEO for the global insurer's Hong Kong general insurance business since 2021.
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- July 9 2025
Mitsui Sumitomo to acquire Japanese W&I specialist MGA Time Machine
Japanese insurance group MSI will take a majority ownership of the MGA on August 1, and the remaining shares later to make it a 100% subsidiary.
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- July 8 2025
Cambiaso Risso expands to Hong Kong, eyes Philippines entry
Italian marine broker's new office in the SAR will be led by Swedish Club's Lars Malm and service the greater China region.
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- July 7 2025
Swedish Club appoints Julia Ju as chief executive of Hong Kong branch as Lars Malm departs
The P&I club has also appointed Jason Wu as regional director for underwriting in greater China.
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- July 7 2025
China’s ZhongAn raises US$500m via secondary placement in Hong Kong
The proceeds will primarily support the Chinese digital carrier's core insurance and asset management business.
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- July 7 2025
FWD Group debuts on Hong Kong stock exchange
Hong Kong insurer raised US$445m from the IPO, valuing the company at over US$6bn.
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- July 7 2025
CNPC Captive to maintain sound underwriting profits, with support from parent, government: S&P Global
The rating agency assigns its 'A+' local currency long-term issuer credit and insurer financial strength ratings, with stable outlook, to the captive insurer of China National Petroleum Corporation.
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- July 3 2025
Ardonagh strengthens Asia footprint with majority stake in Hong Kong-based Apex
Move for the provider of insurance broking and insurance agency services strengthens 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 acquires 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
South Korea’s DB Insurance leading the race for US insurer Fortegra: reports
The approximately US$1.5 billion deal for the Florida-based specialty insurer is expected to be finalised by August.
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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.
