Country: East Asia Page 1 / 238
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- July 27 2026
Typhoon Noul skirts Hong Kong, triggers nearly US$5m in insurance claims in China
Strongest windstorm to make landfall in mainland China this year prompted the evacuation of more than 700,000 people in Guangdong, as well as minor damage and air traffic disruptions in Hong Kong.
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- July 24 2026
Hong Kong general insurance Q1 gross premiums up 12.5% to US$4.5bn: HKIA
Growth was driven mainly by onshore direct A&H business and offshore reinsurance property damage business, Hong Kong's Insurance Authority says.
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- July 24 2026
Shinhan Financial eyes non-life acquisition, confirms Lotte Non-Life interest
CFO Jang Jeong-hun says the Korean financial services group is reviewing various assets in addition to Lotte Non-Life Insurance.
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- July 23 2026
AM Best maintains stable outlook for South Korea’s non-life insurance market
It is supported by sufficient capital resilience, recent regulatory actions, solid investment performance, and a strategic pivot among insurers toward profitability-focused measures.
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- July 23 2026
Coupang warehouse fire could trigger up to US$590m in insured losses: reports
Multi-day blaze at Korean e-commerce giant’s logistics hub this week puts DB Insurance and Meritz-led programs on the hook for potential large-scale claims
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- July 22 2026
Allianz Trade promotes Daf Owen to Asia Pacific role to accelerate surety growth
Owen will relocate from Brisbane to Hong Kong and report to Chris Markesteijn, regional head of surety and guarantees for Asia Pacific.
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- July 22 2026
Sompo to acquire Brazilian insurer Fator Seguradora
Fator Seguradora focuses on corporate insurance and business risk management solutions, with particular strength in property, surety, and financial lines.
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- July 21 2026
Howden bolsters Japan natural resources team with Junichiro Ito as new head
Tokyo-based Ito joins from GE Vernova, having previously spent over 17 years in underwriting roles with Tokio Marine across Singapore and Japan.
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- July 21 2026
Generali China underwriting improves, but run-off of CNPC-linked business could test growth: Fitch
P&C insurer’s GWP has grown 14% over the past five years, while its COR improved to 102% last year.
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- July 20 2026
Aon appoints Joe Liang as executive chairman of reinsurance for greater China
He will be based in Hong Kong and report to Rupert Moore, CEO of Asia Pacific for reinsurance.
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- July 20 2026
Wang Fuk Court insurance rights to shift to administrator under government buyout: reports
Hop On Management Company would assume control of fire-hit estate’s all-risks policy as homeowners move to sell titles to the government.
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- July 17 2026
QBE promotes Angus Cheung to market lead for hull and liability in North Asia
Hong Kong-based Cheung will be responsible for its hull and liability portfolio across greater China, Vietnam and Japan.
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- July 16 2026
Chinese insurers face US$1bn hit after back-to-back storms
Insurance industry has already paid out US$427m after typhoons Maysak and Bavi struck 20 provinces.
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- July 16 2026
PICC Hong Kong handed double rating upgrade, positive outlook from AM Best
AM Best upgrades The People’s Insurance Company of China's Hong Kong arm rating to A (excellent) with a stable outlook, citing sustained business scale growth, strongest‑level capitalisation and continued support from PICC Group.
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- July 16 2026
Markel strengthens greater China marine capabilities with Shanghai risk engineer hire
Shanghai-based Vincent Wang brings more than 16 years of experience across marine operations, surveying and engineering consultancy.
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- July 15 2026
Aon appoints WTW’s Sean Deehan as APAC Strategy and Technology Group CEO
He will be based in Hong Kong and report to Sherif Zakhary, global CEO for the broker's consulting and advisory business.
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- July 15 2026
Aon bolsters Asia transaction solutions team with Yen Lin Ee’s return as regional director
She will relocate from Singapore to Tokyo and will have a 'key focus on the Japanese market'.
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- July 14 2026
Sompo taps Canon Liu as head of financial lines for Hong Kong, Macau, Taiwan
He will lead Sompo's financial lines underwriting strategy, driving growth and portfolio expansion in D&O, professional indemnity, financial institutions, and cyber insurance.
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- July 13 2026
OneDegree promotes Emily Chow to chief executive
Chow, who joined the virtual insurer in 2022, previously served as general manager and deputy chief executive.
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- July 13 2026
OK Financial named preferred bidder for Yebyeol Non-Life
Korea Deposit Insurance Corporation will grant the preferred bidder an exclusive negotiation period and proceed with follow-up steps, including sale negotiations and the signing of a stock purchase agreement.
