Country: East Asia Page 112 / 206
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- March 23 2020
CPIC’s profits climb 54% for 2019, warns on 2020 outlook
A strong rise in investment income bolstered earnings but Covid-19 will see growth stall.
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- March 23 2020
Hong Kong moves closer to ILS hub with government bill
New regulations move the SAR in line with other countries.
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- March 23 2020
Covid-19 compounds South Korea’s P&C challenges
The market has been under pressure for years with poor growth and underwriting results.
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- March 20 2020
Asia’s life players face major headwinds
Chinese and South Korean firms are particularly exposed to the economic uncertainty.
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- March 18 2020
Leonardi says Generali “well positioned” for Covid-19 in Asia
The Italian firm is bracing for market volatility after a good performance last year.
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- March 18 2020
AMTD’s insurtech plans ramp up with PolicyPal deal in Singapore
Majority stake in the digital broker will help create a South-East Asia platform.
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- March 17 2020
Prudential Life Korea sale set for three-way tussle
The main bidding will take place later this week.
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- March 16 2020
Japan Post finds more improper conduct, halves new hires
The group is undergoing an internal investigation of sales misconduct.
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- March 16 2020
Hong Kong’s market grew 9% in 2019 amid protests
P&C and life premiums were US$74.6bn, as economic instability hit second half sales.
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- March 13 2020
Hyundai Insurance China’s US$158m sale approved
Didi Chuxing and Legend Holdings are behind the moves for the P&C (re)insurer.
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- March 12 2020
AIA posts solid 2019 result, but warns of disruption ahead
Outgoing CEO Ng Keng Hooi said the group was bolstered by sales in Mainland China.
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- March 11 2020
How digital is shaping Asia’s P&C claims
Tech such as AI is transforming personal lines which could translate to commercial.
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- March 11 2020
Hong Kong’s BEA may sell insurance arms: report
The move could generate over US$1bn and the firms could be snapped up by global players.
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- March 6 2020
Discipline needed in re market after Hagibis losses
Rating momentum from January needs to continue after more Japan turmoil.
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- March 6 2020
Hong Kong’s AMTD to IPO broking and digital arm: report
The IPO could be in New York or Singapore.
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- March 5 2020
Mitsui Sumitomo and Max Life share swap back on
The transaction involving the parent company of the Indian player was called off last November.
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- March 4 2020
Covid-19 rattles supply chains and reveals BI shortfall
'Just in time' supply and lack of diversification bring greater risks which aren't necessarily well covered.
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- March 4 2020
Mitsui Sumitomo sponsors US$75m Singapore cat bond
MS&AD subsidiary is looking to protect typhoon and wind risk under the name Akibare Re.
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- March 3 2020
Consumer group lobbies against PE bids for Prudential Life Korea
MBK Partners, Hahn & Company and IMM Private Equity are in the running to acquire Prudential.
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- March 2 2020
Munich Re’s chairman bullish as Japan renewals to rise
The German giant had a positive financial result for 2019 despite some major losses.
