Country: East Asia Page 102 / 211
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- November 30 2020
P&C sector grows 5.5% to US$59.4bn: HKIA
Despite signs of resilience, motor and EC have seen sustained underwriting losses.
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- November 30 2020
Samsung Fire & Marine signs joint venture with China’s Tencent
Deal with South Korean digital giant Kakao failed over access to motor insurance business.
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- November 30 2020
APAC climbs the 2021 P&C broker growth agenda
With Aon's merger with WTW to complete next year, rivals are eyeing opportunities in the region.
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- November 30 2020
Japan’s P&C majors to bounce back in 2021: Fitch
Tokio Marine, MS&AD and Sompo more exposed to Covid-19 risk in overseas markets.
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- November 26 2020
MAS calls for more cooperation with China on catastrophe cover
Singapore’s regulator is targeting joint initiatives for flood-torn Chongqing.
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- November 26 2020
Greater China Willis Towers Watson director to leave
IAN also understands WTW has named a replacement to oversee the China financial lines portfolio.
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- November 26 2020
Ariel Re seeks expansion as sale closes for US$30m
The specialty (re)insurer has a clean energy team in Hong Kong.
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- November 26 2020
HKIA chair says GWS framework on track for H1 2021
The regulator is also set to publish its first risk and solvency assessment reports in June.
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- November 26 2020
Mitsui Sumitomo invests US$350m in insurtech Hippo
Japanese giant and US start-up ink partnership, which includes a reinsurance treaty.
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- November 25 2020
AIA conducting coal portfolio review as critics take aim
Climate groups say the Hong Kong life player’s policies do not go far enough.
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- November 24 2020
China’s Waterdrop raises additional US$150m from Tencent: report
Chinese giant increases stake in healthcare start-up which could be valued at US$4bn.
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- November 23 2020
China’s autonomous driving tech rings changes for insurers
New technologies being developed by Didi are disrupting the market's view of the future.
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- November 20 2020
MS&AD sees first half profit boost, plans share buyback
The Japanese giant is aiming to purchase up to 10 million shares.
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- November 19 2020
Marsh’s Rohan Bhappu on advice, exclusions, pricing and risk transfer
Broker's Hong Kong and Macau chief executive shares insights on navigating recent turbulence.
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- November 19 2020
Aon Re recruits Seewon Oh for APAC capital advisory arm
The division will service both P&C and L&H (re)insurers.
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- November 18 2020
Korea’s insurers struggling to meet profit expectations: KIRI
The sector's returns are at a 10-year low in a saturated market.
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- November 16 2020
Postponed Tokyo Olympics has significant digital risks
After the 2020 games were pushed back due to Covid-19, cyber and reputational risks are set to ramp up.
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- November 16 2020
CBIRC warns on “irrational exuberance” and “oligopolies”
A build up of debt in the financial system and a rush towards innovation are worrying the regulator.
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- November 13 2020
Chinese insurers eye US$1bn Tahoe Life deal: report
Ping An and Sunshine Insurance have been named as potential buyers.
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- November 13 2020
Age of 5-year plan for insurers is “long gone”: FWD’s Huynh
The group CEO says digital models that integrate 'human factor' will succeed.
