Country: East Asia Page 2 / 225
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- December 4 2025
APAC non-life insurers to remain stable in 2026 as capital strength offsets regulatory, catastrophe pressures: Fitch
Stable margins and strong solvency expected, Fitch says, with disciplined pricing and steady reinsurance support underpinning a neutral outlook.
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- December 4 2025
Liberty Specialty Markets revamps APAC underwriting structure with 5 promotions
Moves for Marcus Thomas, Brett Gardiner, Angelo Maniatis, Shawn Anderson, and Ben Hissey impact Singapore, Hong Kong, China, India, Malaysia, and Australia.
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- December 2 2025
Tai Po fire to further erode Hong Kong’s P&C underwriting margins, cause recalibration of risk retention, pricing policies: S&P
Deadly incident is likely to further reduce the earnings for P&C insurers following extreme weather earlier in the year.
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- December 2 2025
Tai Po fire to halt ‘downward pressure’ on Hong Kong property reinsurance rates: AM Best
Impact of the deadly fire will be widely felt by Hong Kong's (re)insurers, according to the credit rating agency.
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- December 1 2025
South Korea’s financial watchdog slams ‘extremely low’ cybersecurity investment after Coupang breach
Online retailer apologises for a massive data breach, potentially involving nearly 34 million local customer accounts.
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- December 1 2025
Asia Pacific accounts for half of US$22bn losses from 2025 tropical cyclones: Munich Re
Reinsurer’s preliminary estimates reveal a paradoxical season with numerous severe storms but total and insured losses far below decadal averages.
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- December 1 2025
Marsh veteran Rebecca Poon takes up Howden role in Hong Kong
InsuranceAsia News first reported in September she was leaving Marsh Hong Kong after 42 years.
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- December 1 2025
Opinion: Mutually beneficial to address Hong Kong’s marine war insurance needs
Hong Kong Marine War Risks Insurance Pool will focus on providing marine war risk insurance, covering vessel loss or damage caused by acts of war, piracy, terrorist attacks, and related geopolitical incidents.
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- November 28 2025
Wang Fuk Court: China Taiping confirms it provided coverage for all major insurance policies as death toll passes 120
Hong Kong insurer says it underwrote the construction works insurance, construction employee compensation insurance, owners' corporation third-party liability insurance, property insurance, and public liability insurance for the public housing estate, as first reported by IAN.
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- November 28 2025
Korean Re approved to open branch in India’s Gift City
South Korean reinsurer plans to officially commence operations in April.
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- November 28 2025
Exclusive: Hong Kong housing estate fire property claim could top US$200m, with China Taiping the sole insurer
Hong Kong firm provides the master property insurance for the Wang Fuk Court housing estate, as well as contractors’ all-risk policy, including third-party liability, and employee compensation cover.
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- November 26 2025
Japan P&I announces 5% premium hike for 2026 renewal amid geopolitical tensions, inflationary pressure
Increase applies for owners’ and charterers’ entries, while rates for Japanese coastal vessels will increase by 10% and FD&D will also see a rise of 5%.
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- November 25 2025
Proxy advisory firms split over DB Insurance’s Fortegra acquisition
Glass Lewis and Egan-Jones urge Tiptree shareholders to vote against the deal, while Institutional Shareholder Services has recommended that investors approve the acquisition during next month's vote.
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- November 24 2025
China Re’s capital strength fuels underwriting growth outlook: AM Best
Rating agency affirms financial strength rating of A (Excellent) and long-term issuer credit ratings of a+ (Excellent) for China Re and its subsidiaries, with a stable outlook.
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- November 24 2025
Sompo Hong Kong appoints Alan Lang as head of operations
He was most recently group program and operations lead at bolttech.
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- November 20 2025
Hong Kong launches marine war risk insurance pool
Initiative, announced by chief executive John Lee earlier this year, is managed by Alliance Risk Transfer and its founding members include China Taiping, PICC, CMB Wing Lung, CPIC and Asia Insurance.
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- November 19 2025
Sompo P&C’s adjusted profit rises 50% to US$1.5bn
Improved performance mainly driven by lower nat cat costs and profit improvement in domestic P&C.
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- November 19 2025
Tokio Marine posts strong H1 domestic non-life underwriting performance, overseas results hit by forex losses
Results driven by a decrease in nat cat losses and rate increases for Japan P&C, as well as a strong underwriting performance for the international business.
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- November 19 2025
MS&AD’s premiums grow 6% in H1, raises FY25 financial forecasts
Japanese insurance conglomerate grew its group written premiums to US$17.35bn during the H1, up 6.2% from the same period in 2024.
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- November 19 2025
Cynthia Yuan Xi named head of China Re’s climate risk research centre
Former Fosun Insurance Group CFO has been at China Re in Beijing since March 2019.