Country: East Asia Page 1 / 245
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- October 16 2026
John Chen succeeds William Liang as Allianz Jingdong CEO
Liang left the German insurer's Chinese joint venture on Thursday to pursue new opportunities, while Chen’s appointment is effective from Friday.
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- October 16 2026
KB Insurance opens UK arm, sets sights on stakes in Lloyd’s syndicates: report
London subsidiary is the South Korean insurer's fourth overseas subsidiary after Indonesia, the US, and China.
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- October 15 2026
AM Best upgrades Dah Sing Insurance ratings on strong business growth, diversified portfolio
Rating agency upgrades financial strength rating to A (excellent) and long-term issuer credit ratings to a (excellent).
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- October 15 2026
China P&I formally applies to join International Group of P&I Clubs
Application will be considered during the coming months, but will not impact the 2027 renewals.
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- October 15 2026
Hong Kong’s Peak Re joins GAIP as principal partner
Peak Re will contribute to shaping perspectives on the pressing risk challenges facing the region and engage with Global Asia Insurance Partnership (GAIP) through its working groups, dialogues, and collaborative initiatives.
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- October 14 2026
Hong Kong’s first sidecar raises US$12m for PICC P&C
Landmark deal is a key milestone in the development of Hong Kong's ILS market.
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- October 14 2026
Zurich taps Scott Yin as China unit CEO
He was formerly with Axa Tianping for over a decade.
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- October 14 2026
Japan’s cabinet approves bill to support marine insurance covers for oil vessels
It is one of the three bills approved by the cabinet to strengthen energy supply security amid the conflict in the Middle East.
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- October 13 2026
Japan tightens asset-intensive reinsurance rules to curb counterparty risk: Fitch
The Financial Services Agency also lifted its long-standing prohibition on cooperation between insurance brokers and agents that encourage wider use of broker channels.
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- October 13 2026
Zurich appoints Martin Noble to expanded role as greater China CFO
Noble is currently CFO for Hong Kong and has been working at the insurer for nearly 13 years.
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- October 13 2026
Shinhan Financial agrees US$516m deal for controlling stake in Lotte Insurance
Korean financial services group signed an agreement to purchase a 77% stake in the non-life carrier from private equity owner JKL Partners.
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- October 13 2026
Pacific Life Re seals second Japan structured reinsurance deal of 2026
The transaction with an unnamed ‘leading life insurer’ is designed to optimise capital efficiency under the new ESR framework.
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- October 12 2026
Japan moves to create domestic reinsurance captive regime
The government plans to submit a bill to the next ordinary legislative session, due in January 2027, to create a system of reinsurance captives that handle limited risks.
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- October 12 2026
FWD to re-enter P&C with 25% stake in bolttech Hong Kong for US$21m
The target was formerly FWD General Insurance and was divested by the Richard Li-controlled insurance group to bolttech in 2020.
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- October 11 2026
Japan’s FSA suspends Prudential Life, Gibraltar Life operations for 3 months over employee fraud
The partial suspension, running from Tuesday to the end of January, bars the insurers from writing new contracts or selling products.
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- October 9 2026
Hong Kong insurers to extend mandatory motor, employees’ compensation cover to new Huanggang port area
Market agreement signed between the government and the industry ahead of the port's official opening next Monday.
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- October 9 2026
HDI Global Japan names Kei Kimura as general manager of distribution and marketing
Kimura joined the German insurer's Japan branch on October 1.
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- October 8 2026
South Korea’s OK Financial signs deal to acquire Yebyeol Insurance from KDIC
KDIC will provide US$737m in financial support as part of the deal.
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- October 8 2026
Exclusive: Meritz Korindo chief denies reports of stake sale by Meritz Fire & Marine
Cha Hee Jun, president director of the company, told InsuranceAsia News that the Korean insurer has no plans to sell its stake in the Indonesian JV.
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- October 7 2026
Awbury Syndicate 2025 launches Japanese underwriting operations
The Lloyd's syndicate will underwrite credit and financial risk business with policies issued locally through Lloyd's Japan.