Country: East Asia Page 1 / 234
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- May 15 2026
Marsh to acquire Japanese energy giant Eneos’ insurance units
Transaction involving Eneos Insurance Service and the insurance division of Eneos Material Trading is expected to close in the third quarter of 2026.
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- May 14 2026
MS&AD completes acquisition of 18% equity stake in Barings
MS&AD had struck a deal in November to acquire the stake, worth US$1.44bn, from MassMutual, Barings' US parent.
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- May 13 2026
Howden names Alaric Lee as Hong Kong CEO, replaces Singapore-bound Alfred Sham
Sham will relocate to Singapore to take on the role of chief strategy officer for Asia.
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- May 13 2026
JKL Partners reboots sale of Lotte Non-Life Insurance: report
Relaunced sale expected to raise at least US$668m, according to a report by the Seoul Economic Daily.
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- May 13 2026
Sompo hires Sarah Lee as multinational network manager for APAC
She will be based in Hong Kong and report to Lena Liu, Sompo's Asia Pacific multinational business unit head.
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- May 12 2026
South Korea’s deposit insurance corporation launches re-bidding for Yebyeol Insurance
Only Korea Investment Holdings previously submitted a bid for the bridge insurer of troubled carrier MG Non-Life Insurance.
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- May 12 2026
Sompo appoints Gally Wong as senior construction underwriter for Hong Kong, Macau, and Taiwan
Hong Kong-based Wong will report to Szeto Ophelia, head of property and construction for Hong Kong, Macau, and Taiwan.
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- May 11 2026
Tokio Marine Newa’s capitalisation to strengthen on profit retention, shareholder injections: AM Best
The rating agency assigned an A (Excellent) financial strength rating with a stable outlook to the Taiwanese carrier.
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- May 11 2026
Sompo confirms Kelvin Woo as chief distribution officer for Hong Kong, Macau and Taiwan
His appointment was first reported by InsuranceAsia News last month.
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- May 7 2026
Korean non-life overseas businesses weaken in 2025 as nat cats bite, life insurers surge on M&A
Financial Supervisory Service says it is closely monitoring overseas operations’ financial stability, citing market volatility, Middle East tensions and climate risks.
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- May 7 2026
Chinese insurers pay US$2.2m in aftermath of deadly Hunan fireworks factory explosion: reports
PICC, Ping An, China Life, Taiping and Sunshine Insurance face the most exposure and have activated emergency response plans and sped up claims settlement.
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- May 6 2026
Deadly China fireworks blast triggers US$878,000 work safety payout from Ping An P&C
President Xi Jinping orders an investigation after Monday's explosion at a fireworks manufacturing hub in south-central Hunan province kills at least 26 and injures 61.
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- May 4 2026
AIG elevates Hong Kong duo to casualty lead roles
Insurer promotes Evelyn Li to casualty corporate lead, and Carmen Ho to casualty major account lead.
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- May 3 2026
Gallagher Re elevates Jun Liu to head of China agriculture
He retains his existing responsibilities as deputy head of Gallagher Re's Beijing office.
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- April 30 2026
Peak Re FY25 GWP up 25% to US$2.2bn, COR at 87.9%
Hong Kong reinsurer’s reinsurance service result totalled US$162.9million, 12.7% year-on-year increase, while net profit was up marginally at US$189.5m.
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- April 30 2026
AI creates cybersecurity ‘arms race’, Hong Kong firms face rising threat: Blackpanda’s George Wong
Cyber incidents hit a record high in 2025, and firms urgently need stronger defenses like zero-trust systems and multi-factor authentication.
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- April 30 2026
Allianz Trade appoints Bruce Lan as commercial director for China
Shanghai-based Lan has been with the trade credit insurer for nearly a decade, joining as regional sales manager for multinationals for APAC.
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- April 29 2026
Japan insurers’ major nat cat claims hit US$464m in FY25, Kyushu floods drive 91% of losses: GIAJ
Torrential rains that struck Kyushu in August cost carriers US$424m in claims, according to data from General Insurance Association of Japan.
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- April 29 2026
‘Catastrophic failure’ risk looms amid warning Shanghai floods could expand 80% by 2100
Study shows China's international financial hub requires layered defences, but also that the risk of a 'catastrophic failure' is real.
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- April 28 2026
Japan’s space programme stumbles with back‑to‑back failures, but insurers remain grounded
Recent failures of Japan's Kairos and H3 rockets were reportedly uninsured and are not expected to materially impact space insurer profitability, although launch delays may have minor indirect effects.
