Country: East Asia Page 2 / 216
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- July 7 2025
China’s ZhongAn raises US$500m via secondary placement in Hong Kong
The proceeds will primarily support the Chinese digital carrier's core insurance and asset management business.
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- July 7 2025
FWD Group debuts on Hong Kong stock exchange
Hong Kong insurer raised US$445m from the IPO, valuing the company at over US$6bn.
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- July 7 2025
CNPC Captive to maintain sound underwriting profits, with support from parent, government: S&P Global
The rating agency assigns its 'A+' local currency long-term issuer credit and insurer financial strength ratings, with stable outlook, to the captive insurer of China National Petroleum Corporation.
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- July 3 2025
Ardonagh strengthens Asia footprint with majority stake in Hong Kong-based Apex
Move for the provider of insurance broking and insurance agency services strengthens Ardonagh’s footprint in the region.
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- July 3 2025
FWD Group’s US$442m Hong Kong IPO covered 38 times: report
Local media reported Hong Kong insurer attracted US$1.7bn from retail bookbuilding, with trading set to start on Monday.
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- July 3 2025
Japanese non-life insurers to rely more on underwriting, global growth: Fitch
Three major insurance groups - Tokio Marine, MS&AD, and Sompo - reported a sector-wide combined ratio of 99% in FY2025.
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- July 3 2025
Howden Re sets up treaty capability in Hong Kong with Roy Wong appointment
Wong will establish and lead the build-out of Howden Re’s treaty reinsurance offering for Hong Kong based clients, "reflecting the specific requirements of the region".
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- July 3 2025
Aon names Keiko Seta as head of Japan desk
Seta joins having spent the last five years at Miller Insurance Services.
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- July 2 2025
Gallagher Re to assume 100% control of Japan P&C cedent fac portfolio from JV partner Miller
Reinsurance broker has also appointed Pablo Muñoz as CEO for global facultative reinsurance business.
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- July 2 2025
Howden acquires majority stake in Japanese retail broker Holos Holdings
Global broker will pick up a 68.3% stake in the Kyoto-based life and non-life insurance intermediary with 20 branches in Japan.
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- July 2 2025
South Korea’s DB Insurance leading the race for US insurer Fortegra: reports
The approximately US$1.5 billion deal for the Florida-based specialty insurer is expected to be finalised by August.
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- July 2 2025
Korea mulls restarting MG Non-Life sale process, but will persist with liquidation process: reports
KDIC said it has reached agreement with insurer's labour union to pursue both the transfer of insurance contracts to five non-life insurers and the sale.
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- July 2 2025
QBE Asia amps up wholesale team with 2 senior leadership appointments
Wholesale insurer has named Hong Kong-based Cynthia Huang head of Taiwan and Greater China desk (facultative reinsurance) and Singapore-based Young Jun Lee as head of wholesale Asia, construction and engineering.
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- June 30 2025
Axa XL recruits Vincent Shiu as client relationship leader for Asia
Hong Kong-based Shiu joins the specialty carrier from Axa.
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- June 30 2025
Chubb Japan promotes Akira Hayasaka to head of claims services division
Tokyo-based Hayasaka, who was formerly head of commercial claims for the carrier, will report to CEO Edward Kopp.
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- June 27 2025
Japanese general insurers’ FY24 COR improves by 0.9 percentage points to 96%: GIAJ
Net written premium rose 4.9% to US$66.5bn while underwriting profit fell 28.6% to US$874.4m, according to a report of General Insurance Association of Japan, covering 31 member companies.
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- June 26 2025
FWD Group starts bookbuilding for US$442m Hong Kong IPO
Hong Kong-based insurer, backed by billionaire Richard Li, is set to list on the main board on July 7.
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- June 25 2025
Howden snaps up ex-BMS duo to launch Japan M&A practice
Tim Hewitt, who will head the new division, and Kaori Iwai join the global broker following BMS'exit from the country earlier this year.
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- June 25 2025
Everest Insurance launches Korea desk, led by Brian Jee
Singapore-based Jee joined Everest two years ago from Chubb as a senior underwriter.
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- June 25 2025
Tokio Marine seeks ‘geographic diversity’, eyes US P&C expansion amid global acquisition push: report
New CEO Masahiro Koike says 'if there are good opportunities, we want to grab them'.
