Country: East Asia Page 100 / 217
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- April 8 2021
Rail losses give recent Japan EQ US$1bn potential
McLarens adjuster tells IAN railway damage is likely to be key factor affecting claims after February's magnitude 7.0 earthquake.
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- April 7 2021
Mitsui Sumitomo eyes US$4.5bn M&A splurge: report
The Japanese giant is looking overseas amid a “difficult earnings environment” in its home market.
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- April 7 2021
Hong Kong’s health insurers see profit surge
Axa, Blue Cross and Bupa benefit from increase in medical insurance.
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- April 6 2021
HK premium levy rate adjusted in April
Levy on policyholders is capped at HK$100 for life policies and HK$5,000 for general insurance.
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- April 6 2021
Insurtech Profile: Coherent
The HK-based firm is looking to expand and is building a new team in Japan this year.
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- April 5 2021
Taiwan’s FSC names insurers facing train crash payouts: report
Cathay Century and MSIG Mingtai identified as the carriers facing claims in Taroko Express crash.
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- April 5 2021
India sees ‘moderate’ 1.4 property hikes
Willis Re report notes “lower catastrophe activity” despite some hard-hitting cyclones last year.
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- April 1 2021
Japan insurers cut exposure to Lloyd’s
Tokio Marine and Sompo syndicates report Covid-19 losses and declines in GWP.
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- April 1 2021
Environmental liability insurance creating opportunities: Fitch
ESG considerations for Asian (re)insurers are creating an underwriting priority reset.
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- April 1 2021
China Strategic eyes Hong Kong Life: report
Any deal could be worth between US$400-500m.
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- April 1 2021
Taiwan’s P&C premiums expected to grow 5-6% a year
Expert tells IAN that motor, fire and engineering lines are set to spur the market.
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- March 31 2021
Peak Re’s profit climbs to US$90.8m in 2020
GWP was up 18.2% with the reinsurer well immunised from Covid-19 shocks.
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- March 30 2021
South Korea’s Kyobo Life appoints three co-CEOs
Pyun Jung-beom to lead digital transformation alongside Shin Chang-jae and Yoon Yeol-hyun.
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- March 30 2021
Hong Kong’s GWS framework comes into effect
Regulator's chief executive hopes the move will attract more big players.
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- March 30 2021
Ever Given: wider marine insurance market to see limited impact
AGCS expert tells IAN it is still too early to predict overall losses.
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- March 29 2021
China Pacific Insurance profits decline 11.4% in 2020
The insurance giant saw new life business fall 27.4% while non-motor P&C GWP grew 30%.
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- March 26 2021
South Korea insurers’ profit spike to face 2021 headwinds
Regulator reveals 14% increase for 2020 but expert predicts claims jump as Covid-19 restrictions are relaxed.
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- March 26 2021
Iain Reynolds and Andrew Souter to co-lead Peak Re’s P&C operation
Head of analytics and director of markets step up as Chris Kershaw retires.
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- March 24 2021
AIA acquisition of BEA Life a sign of things to come
Hong Kong insurer pays US$650m and inks 15-year bancassurance partnership.
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- March 24 2021
Sun Life hands Clement Lam Hong Kong CEO role
The Canadian insurer also taps Asia CFO Karim Gilani to oversee Hong Kong, Singapore and Bermuda.
