Country: East Asia Page 127 / 215
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- November 27 2019
AIG sells majority of Fortitude Re to Carlyle and Japan’s T&D
The US$1.8bn deal will see the Bermuda-headquartered run-off firm become independent.
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- November 27 2019
Axis pegs Hagibis losses at US$90m to US$110m
The specialist player has around 1% of the market costs of the storm.
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- November 26 2019
Chubb signs off 15.3% further stake purchase of Huatai
The US insurer bought the stake, along with another 7.1% to come later, for a reported US$1.53bn.
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- November 25 2019
MS Amlin hit won’t dampen MS&AD’s overseas growth
A reorganisation of its international arm is aiming to streamline decision making.
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- November 22 2019
Ng Keng Hooi to leave AIA; Ping An exec to succeed
Ping An's Lee Yuan Siong to become AIA's group CEO next year.
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- November 22 2019
Chubb ups stake in China’s Huatai: report
The US insurer is another step closer to gaining control.
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- November 22 2019
Fubon Life eyes US$500m Alibaba investment
The investment would be the Taiwan life giant's second in the Chinese e-commerce player.
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- November 22 2019
Aspen Re confirms Lloyd’s China office closure
The reinsurer is streamlining its operations under CEO Mark Cloutier.
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- November 21 2019
IAG buys motor repair specialist
The Australian giant's move should help speed up claims.
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- November 21 2019
3 Japan majors face US$8bn combined typhoon bill
S&P estimates the total payout from typhoons Faxai and Hagibis could reach US$18bn.
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- November 21 2019
Aviva agrees stake sale in Hong Kong’s Blue
The UK insurer will exit the JV and is in talks over its Indonesia and Vietnam operations.
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- November 20 2019
Sally Cheung to swap Navigators for Berkley Asia
Casualty manager Joby Lau is also set to leave Berkley's Hong Kong operation.
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- November 20 2019
MS&AD’s H1 profit up 253% despite MS Amlin hit
Specialty arm books a US$1.6bn write-down and to be split after reorganisation.
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- November 19 2019
Lockton launches APAC transactional risk division
The US broker has made several senior hires to complement a global M&A team.
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- November 19 2019
Aviva to keep China and Singapore units
The UK major could still sell its operations in Hong Kong, Indonesia and Vietnam.
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- November 18 2019
Scandal-hit Japan Post sees revenue dip
The firm halted sales of all life products in July after improper conduct was revealed.
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- November 15 2019
Allianz’s China licence landmark
The approval marks another milestone in the opening of China's market.
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- November 15 2019
Bitter-sweet year for HK’s IA
Hong Kong’s independent regulator has had a bumpy ride.
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- November 15 2019
Thailand’s TMB reviewing bancassurance deals: report
The bank, which is going through a merger, is looking into its agreements, including with FWD.
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- November 14 2019
Ping An’s OneConnect files for US$100m New York IPO
The IPO is aligned with the Chinese giant's tech-focused aspirations.
