Country: East Asia Page 2 / 221
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- September 23 2025
Marsh appoints Youn Wook (Cleo) Kang as senior client adviser for Asian power, energy specialty
Seoul-based Kang is a seasoned legal professional with deep experience in large-scale energy projects, project finance, and offshore wind, according to Benjamin Chang, Marsh's managing director and energy and power leader for Asia.
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- September 23 2025
Super Typhoon Ragasa: Hong Kong insurance industry braces for world’s strongest storm in 2025
Tens of millions of people could be impacted as the storm passes south of the major centres of Hong Kong, Macau, Shenzhen and Guangzhou.
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- September 23 2025
Taiping Re to benefit from profitable non-life vertical, new capital sources: AM Best
AM Best affirms its A (excellent) rating for the reinsurer and its wholly owned subsidiary, Taiping Reinsurance (China), with a stable outlook.
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- September 22 2025
China’s P&C underwriting profit tops US$3.7bn, ceded premium surpasses US$14bn in H1 FY25
For the first time, more than half of the insurers reported profitable underwriting, according China Re P&C.
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- September 22 2025
Super Typhoon Ragasa: Hong Kong facing US$100m bill: report
Region is battening down for the typhoon, which is expected to bring hurricane-force winds of up to 220km/h and is projected to make landfall in southeast China on Wednesday.
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- September 19 2025
Lotte Insurance sees takeover interest from Korea Investment Holdings: reports
Listed insurer backed by JKL Partners had attempted a sale last year, but negotiations fell through due to price gaps with potential buyers.
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- September 19 2025
Long term, profitable lines to sustain Samsung Fire & Marine’s underwriting profitability: AM Best
Global rating agency affirms a financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (ICR) of aa+ (Superior) to Samsung Fire & Marine and its subsidiaries.
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- September 19 2025
Opinion: When will Fukushima’s shadow finally disappear for the insurance market?
With issues of possible radioactive contamination still in the news, the prospect of claims continues to linger.
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- September 17 2025
Milla Chen joins Aon’s Japanese M&A and transactions solutions team
Aon has tapped the semiconductor industry lawyer to join its Japanese transaction liability team.
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- September 17 2025
Hong Kong proposes marine risk pool in maritime push
Chief executive John Lee said in his annual policy address that the government would also promote exclusive captive and reinsurance businesses, as well as develop insurance products for the low-altitude economy.
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- September 16 2025
‘Opportunity is always in China’: rapid industrial growth ups ante for (re)insurance market: Rare Earth’s Wei Wang
New energy storage, offshore wind power and overseas projects under the Belt and Road Initiative are key, the CEO of the (re)insurance broker old InsuranceAsia News' Between The Lines podcast.
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- September 15 2025
Swedish Club expands in China with Ping An P&C strategic partnership
Agreement enhances service delivery and broadens the ways members can access the club’s marine insurance and loss prevention services.
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- September 15 2025
Jasmine Wan joins Berkley Insurance Asia as head of casualty for greater China
Hong Kong-based Wan joins after spending over eight and a half years with QBE.
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- September 15 2025
Ageas Re hires Matthew Tong as Asia representative amid Hong Kong expansion
Appointment follows news that the Brussels-headquartered reinsurer will build on its existing presence in the city through its partnership with Taiping Re.
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- September 11 2025
Sompo Japan hires Heiko Thienenkamp as commercial business COO, Hiroki Ohashi as head of financial lines
Appointments form part of Sompo Japan's plan to expand its commercial business underwriting and operational capabilities.
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- September 11 2025
Strategic sale, international growth hold Tokio Marine & Nichido Fire Insurance in good stead: AM Best
AM Best expects proceeds from disposals to provide additional flexibility for new business investments to strengthen operating performance over the long term.
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- September 11 2025
China Pacific Insurance secures US$2bn to fund internationalisation, AI
Hong Kong-listed Chinese insurer issues a zero-coupon convertible bond due in 2030 with a conversion premium of 25%.
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- September 10 2025
AIG promotes Naoko Masu to head of multinational for Japan
She has been with AIG for over 23 years, and was previously head of credit lines.
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- September 9 2025
Midea Group founder takes 11.5% stake in Samsung P&C China: reports
Acquisition from Yuxing Technology Development will make Foshan Shunde District Junlan Hotel Management the third-largest shareholder, pending regulatory approval.
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- September 9 2025
Ariel Re to launch new Lloyd’s syndicate 2006
Ariel Re, which underwrites business in Hong Kong, Bermuda, and London, has been given provisional approval from the UK exchange.
