Country: East Asia Page 114 / 227
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- January 27 2021
Peak Re’s Lawrence Cheng to leave: sources
The departing managing director has been with the reinsurer since it was founded in 2012.
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- January 27 2021
Asia political risk capacity to rise
Experts tell IAN that Hong Kong and Thailand are likely to see further rate increases.
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- January 26 2021
CBIRC updates solvency regulations
The revised rules come into force on March 1.
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- January 25 2021
ZA Bank gets HK agency license
ZhongAn has broadened its insurance presence in the SAR via a subsidiary.
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- January 25 2021
Hong Kong Life up for grabs again: report
The US$500m valuation is significantly lower than a 2018 bid by First Origin International.
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- January 25 2021
Peak Re’s Clarence Wong on global supply chain risk
The reinsurer's chief economist also discussed the use of PPPs for events such as the Tokyo Olympics.
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- January 21 2021
Covid-19 a watershed moment for Asia
AFF panel on 'The Future of Insurance' discussed digital ecosystems and insurtech partnerships.
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- January 20 2021
HKIA pushes lower ILS minimums
Draft rules to reduce the US$1m investment requirement to US$250,000.
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- January 19 2021
China’s offshore wind market ‘soft’ but profitable: WTW
Loss hit small hydroplants have seen premium rises of up to 50%.
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- January 19 2021
Data a key tool to mitigate climate risk: AFF 2021
Panellists highlight the difficulty in underwriting new green technologies such as solar panels and fuel cells.
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- January 19 2021
Cyber tops Asia Pacific 2021 business risk list: Allianz
Covid-19 and business interruption were the other top concerns across the region.
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- January 18 2021
Asia coal premiums to harden amid reduced appetite
Power plants with medium-to-large losses could face rises of 100-200%.
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- January 18 2021
CBIRC chief pushes ‘prudential regulation’
Guo Shuqing also address Hong Kong’s GBA role during AFF keynote.
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- January 14 2021
Aon/WTW: Spotlight falls on APAC antitrust regulators
IAN understands the deal has already been cleared in China.
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- January 13 2021
Ratings round-up: Fidelidade Macau gets first A3 IFSR
AM Best affirms A- rating of Hong Leong Insurance and lauds firm's "prudent" reinsurance plan.
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- January 13 2021
Chubb’s Doug White retakes role as HK, Macau president
IAN understands that Stanley Wong is set to join Huatai China JV operation.
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- January 11 2021
MSIG Hong Kong hires new marine manager
Cindy Pang previously held cargo and BD roles with Marsh and Tokio Marine.
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- January 11 2021
Zhejiang Geely takes 33% stake in Union P&C
Chinese automaker investment comes amid motor insurance reforms.
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- January 8 2021
China’s P&C insurers crash to US$1.2bn underwriting loss: report
Investment returns allowed sector to achieve an overall profit of Rmb5bn.
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- January 8 2021
Asia’s 2020 nat cat losses highlight lack of cover: Munich Re
Only US$3bn out of US$67bn total losses were covered.
