Country: East Asia Page 102 / 206
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- September 2 2020
Ageas bets further on Asia with Taiping Re
The Belgian player is already involved in several high profile regional JVs.
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- September 2 2020
Typhoon Maysak threatens South Korea’s Busan
The market is bracing for claims over the next few days.
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- September 2 2020
China’s market recovers with 7% GWP growth to US$437bn
Domestic players now hold over US$3.2 trillion of assets.
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- September 2 2020
Korean internet giant sees digital P&C launch delayed: report
Kakao wants to secure an insurtech foothold amid a buzz of activity.
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- September 1 2020
Yip becomes Berkley Asia CUO, Tong appointed HK CEO
The specialty player is aligning itself for further growth in the region.
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- September 1 2020
Hong Kong’s H1 premiums rise, but “Covid impact” coming
Firms look to the Greater Bay Area despite large drop in life policies taken by mainland Chinese.
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- August 31 2020
Ping An’s Ma Mingzhe: “Now is the time for reform”
The Chinese giant is set to accelerate its digital agenda in the wake of Covid-19.
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- August 31 2020
China green lights US$2.3bn agriculture reinsurer
The new firm is understood to be backed by China Re and Ping An.
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- August 27 2020
Prudential Life Korea hires CEO from rival after US$1.9bn deal
The newly-acquired carrier, by KB Financial, appoints DGB Life's leader.
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- August 27 2020
Ageas agrees US$400m deal for 25% stake in Taiping Re
CEO Bart De Smet said it's a unique opportunity to enter the Asian reinsurance market.
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- August 27 2020
Korea’s market bracing for damage from Typhoon Bavi
Some significant property claims are expected from the storm.
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- August 26 2020
Motor claims drop in Japan and Korea amid lacklustre growth
There are mixed fortunes for P&C players operating in the two countries.
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- August 25 2020
Digital sales buoy China’s P&C market
As the regulator makes more reforms, GWP rose more than 7% in the first half despite lockdown.
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- August 25 2020
Korean co-insurance to boost capital strength: Fitch
The FSC has developed new regulations to help manage liabilities.
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- August 25 2020
CBIRC commits to opening up to foreign players
Market reform and supervision are on the agenda in China with Allianz and Chubb taking advantage.
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- August 24 2020
Navigating marine risks after Mauritius’ oil spill
The market has faced sustained challenges for years with rising losses and busier seas.
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- August 21 2020
Swiss Re invests in Chinese insurtech’s US$230m fundraise
Ambitious healthcare platform Waterdrop is valued at US$2bn.
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- August 21 2020
Axa eyes South Korea P&C sell off: report
Any potential sale could raise between US$135m and US$203m.
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- August 20 2020
AIA’s CEO optimistic despite H1 37% new business drop
Lee Yuan Siong sees strong growth in markets where Covid-19 restrictions are being relaxed.
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- August 20 2020
HK’s regulator launches consultation on capital requirements
The new rules will likely be implemented in early 2021.
