Country: East Asia Page 2 / 227
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- December 22 2025
Wang Fuk Court fire insurance payouts exceed US$33m: HKIA
General insurers have processed 1,038 clams with total payout of around US$26m in the three weeks since the fire, the regulator said.
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- December 19 2025
Cyber, supply chain risks are reshaping Japan’s business landscape: Aon
Aon’s 2025 Global Risk Management Survey highlights product liability and exchange rate fluctuations as key concerns, reflecting the country’s sensitivity to global market shifts.
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- December 19 2025
Joshua Lynch named executive director at Hong Kong-based MG Geraghty Insurance Brokers
Lynch had departed Generali in September to 'embark on a new opportunity'.
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- December 19 2025
Hong Kong non-life carriers show sustained underwriting profitability: AM Best
Industry reported US$13bn in GWP and US$1bn in underwriting profit in 2024.
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- December 19 2025
Exclusive: Marsh’s Pal Tang to rejoin Aon with Asian finpro role
Hong Kong-based Tang is set to assume his new role on Monday.
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- December 18 2025
Berkley Insurance Asia appoints Caroline Chan senior commercial lines underwriter for greater China
Hong Kong-based Chan joins the specialty carrier, having spent the last four years at Chubb.
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- December 17 2025
Discount rate cut lowers capital pressures on South Korean non-life insurers: AM Best
Rating agency expects strengthening of supervision on asset-liability management will enhance the industry’s stability and resilience.
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- December 17 2025
Sompo Hong Kong expands marine team with Clara Yip at the helm
Insurer also adds Catherine Ho as senior marine underwriter in Hong Kong.
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- December 16 2025
XS Global launches APAC arm in Hong Kong, backed by Lloyd’s
XS Global Asia Pacific will led by APAC CEO and XS Global ExCom member Steven Barnett.
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- December 16 2025
Allianz Commercial Japan hires HDI’s Darren Livengood as claims leader
Tokyo-based Livengood was previously head of claims for Japan at HDI for over five years.
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- December 15 2025
Korean Re to benefit from strongest-level capitalisation, dominant home-market position: AM Best
AM Best affirms its A (Excellent) rating with a stable outlook, citing robust balance sheet strength, strongest‑level capitalisation and solid market leadership.
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- December 12 2025
Manulife successfully completes re-domiciliation from Bermuda to Hong Kong
Insurer was the second after French rival AXA’s Hong Kong and Macau arm to apply for the new company re-domiciliation regime after it was introduced in May.
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- December 12 2025
Tai Po fire loss ‘managable’ for China’s Qianhai Re, AM Best says as it reaffirms ratings
Ratings agency cites Chinese reinsurer’s 'very strong' balance sheet and profitability.
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- December 11 2025
China Re nominates Zhu Xiaoyun to become first female president
She is set to replaces Zhuang Qianzhi, who had been approved as chairman.
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- December 10 2025
PICC vice president resigns amid state investigation into disciplinary breach
Zhang Daoming named temporary responsible officer for the state-backed insurer following Yu Ze's resignation.
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- December 10 2025
Japan downgrades loss estimates from a potential Tokyo earthquake to US$530bn
A 7.3-magnitude earthquake hitting the metropolitan area could also kill 18,000 people in the worst-case scenario, the draft government estimate showed.
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- December 10 2025
Sompo boosts Hong Kong underwriting structure with double promotion
Ophelia Szeto and Jessica Lai will assume their new roles with the insurer from January 1.
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- December 9 2025
Japan issues megaquake alert after 7.5-magnitude earthquake
There is a slight increase in risk of a magnitude 8-level quake and possible tsunami occurring along Japan’s northeastern coast from Chiba, just east of Tokyo, to Hokkaido, according to the Japan Meteorological Agency.
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- December 9 2025
Not resting on their laurels, people-powered Miller eyes seat at South Korea’s top table
Having begun operations at the start of the year, the specialist (re)insurance broker plans expansion through organic and inorganic growth as it seeks to be among the top three brokers within the next five years, country head David Kim says.
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- December 8 2025
Meritz Fire & Marine faces US$680,000 exposure to Coupang data breach
US-listed Korean retailer is facing class action suits in the US and South Korea following a data leak that compromised information of 34 million customers.
