Country: East Asia Page 10 / 220
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- May 5 2025
Product recall specialist BluNiche to enter China with new capacity
The London MGA, backed by Chaucer capacity, has secured an increase in its underwriting capacity for 2025.
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- May 5 2025
Is the tide finally turning for (re)insurers in China as aviation, rail ambitions grow?
Encouraging moves by domestic manufacturers offer promising opportunities as the fall out from Donald Trump’s trade war continues.
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- May 2 2025
HSBC gets greenlight to establish captive insurer in Hong Kong
Wayfoong (Asia) Limited, which has received authorisation from the Insurance Authority, is the first captive carrier established by a multinational enterprise based in the city.
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- May 2 2025
‘Good opportunities’ for commercial underwriters as Japan’s space ambition soars to new heights
Honda’s renewable energy tie-up with Japan's national air and space agency could present enticing opportunities for the niche space insurance market, according to observers.
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- April 30 2025
Peak Re expects stronger year ahead despite dip in profits, revenues in FY24
Reinsurer reported a 6.7% drop in net profits at US$187m in FY24, driven by operating losses from its associate firms and a hike in income tax expenses.
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- April 30 2025
Peak Re’s US$50m cat bond bring ‘fresh capacity’, covers peak Asia scenarios
Hong Kong reinsurer's new ILS offering supports its ability to grow into its key markets of Japan, China and India.
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- April 30 2025
Exclusive: BMS to shut down South Korea, Japan offices
Market sources tell IAN that most of the staff working in both offices of the M&A specialist broker will be let go.
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- April 30 2025
Peak Re closes US$50m multi-peril cat bond securing Japan, China, India protection
The bond is the second insurance-linked security offering by the Hong Kong reinsurer.
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- April 29 2025
China United Property Insurance to maintain stable underwriting margin: Fitch Ratings
Global ratings agency affirms insurer financial strength rating of BBB+ with a stable outlook.
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- April 28 2025
Price Forbes takes WTW veteran Kenichiro Miki as Japan head
Miki had established and led the Japan Global Practice Group (JGPG) for WTW Asia Pacific.
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- April 28 2025
Hanwha General Insurance to acquire 98.3% of Carrot Insurance: report
The deal will secure the general insurer management rights to the struggling digital insurance startup.
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- April 28 2025
Japan’s insurers settled US$2bn nat cat claims in FY24: GIAJ
Noto Peninsula earthquake was the largest event in terms of claims for the fiscal year that ended March 31, 2025, according to the General Insurance Association of Japan (GIAJ).
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- April 28 2025
Skuld CEO calls for inclusive approach to secure level playing field for ship owners
Stale Hansen discusses India's P&I ambitions, following in China's wake, and the high-stakes challenges of growing dark fleet.
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- April 25 2025
Chinese broker Yuanbao targets US$676m US IPO valuation: report
Existing shareholders express interest in buying up to US$17 million worth of American Depositary Shares (ADSs), according to Reuters.
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- April 24 2025
Shinkong gets rating upgrade on record results, underwriting gains: AM Best
Rating agency upgrades Taiwanese non-life insurer’s rating to a+ (excellent), while reviseing the outlook to stable.
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- April 24 2025
China to boost insurance support for cross-border trade amid tariff tensions
Action plan outlines protection across all foreign trade scenarios for enterprises expanding overseas to protect Chinese companies' offshore assets.
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- April 23 2025
Korean regulators may transfer MG Non-Life insurance contracts: reports
Samsung Fire & Marine, DB, KB, Hyundai Marine & Fire and Meritz Fire & Marine are reviewing a plan to form a joint due diligence corporation to takeover the struggling insurer's policies.
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- April 22 2025
Exclusive: Swiss Re Corporate Solutions to shut Hong Kong office, surrender licence
Commercial insurer will consolidate operations servicing Chinese corporations into its mainland offices, IAN can reveal.
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- April 22 2025
Steve Hutchinson to join Willis as P&C head for Hong Kong, Macau after 4-month Howden stint
Hutchinson, who had joined Howden as chief broking officer in January, will take over from Phil Timms, who will transition to a new role, as IAN first reported.
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- April 22 2025
MS&AD to invest up to US$5bn to double North America profits: report
Japanese insurer plans to continue its aggressive investment strategy moving forward, CEO Shinichiro Funabiki tells Bloomberg.
