Country: East Asia Page 126 / 215
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- December 18 2019
China Re authorised for Hong Kong division
The new state-owned subsidiary should be given final regulatory approval by year-end.
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- December 17 2019
Manulife’s Damien Green to replace Guy Mills in HK
Veteran Mills will become chairman of the board at the international operation.
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- December 17 2019
Dajia, formerly Anbang, to finalise 35% bank stake sale
China's government is also still looking to sell all, or part, of its 98% stake in Dajia Insurance.
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- December 17 2019
Faxai and Hagibis contribute to US$155m Mapfre hit
Major's solvency and capital position remains strong, despite the costs from Japan.
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- December 16 2019
How will the CIB adapt to the new regulatory era?
Patrick Chan, the new chairman of the Hong Kong broker association, shares his vision.
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- December 12 2019
AIG sees Hagibis claims at lower end of expectations
Previous estimates by analysts pegged US$600m in catastrophe losses for the US major.
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- December 11 2019
China to allow 100% foreign life ownership in January
The country's regulator announced the decision earlier this week.
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- December 11 2019
Hong Kong closer to tax cuts for marine and specialty risks
The legislation, if passed, will fulfill promises made in recent budget announcements.
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- December 9 2019
Axa XL’s Asia team hires Stephen Nguyen from Aon
The former broker will serve as client management leader for Asia.
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- December 9 2019
Sedgwick promotes Tang after HK CEO departure
IAN understands that Pierreddy Wong will join a rival adjuster.
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- December 9 2019
China approves 51% stakes in life JVs
The announcement speeds up the opening of the market.
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- December 6 2019
Lucia Sun joins Generali as Asia head of claims
Sun has switched to the Italian major from Zurich.
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- December 6 2019
Japan’s life players can expect strong, stable 2020: Moody’s
The verdict comes despite ultra low interest rates.
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- December 5 2019
China insurtech secures US$28m from Hillhouse
Private equity deal in Lima Insurance Cloud follows its increased investment in Hong Kong's Blue.
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- December 4 2019
Hong Kong’s market robust in first nine months
Insurers in the Special Administrative Region saw a 883% upward profit swing for P&C business.
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- December 3 2019
HKFI advocates two-year IFRS 17 delay
The association wants to avoid "all the possible downsides'" of being a first mover.
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- December 2 2019
Labour gender parity worth US$2.1tn GWP: Swiss Re’s Gilchrist
Equal level of pay and work would also help narrow the Asia health protection gap.
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- November 29 2019
Prudential Financial eyes South Korea life sale: report
A potential deal could be worth US$1.7bn.
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- November 28 2019
South Korea’s insurers braced for tough 2020: Fitch
Domestic players are bracing for a challenging 2020, after a fiscally difficult 2019 so far.
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- November 27 2019
Japan’s typhoons spur sophistication
The market wants to improve, whatever mother nature throws at it.
