Country: East Asia Page 3 / 225
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- November 19 2025
Japanese mega earthquake payouts could severely hurt insurers, economy: S&P Global
Agency estimates corporate earthquake-related claims of up to US$26.37bn for a Nankai Trough event and up to US$7bn for a Tokyo quake.
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- November 18 2025
Hannover Re names Yan Sun as new L&H head for greater China
She replaces Niall Mulvey, who has joined Partner Re as chief underwriting officer for life and health.
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- November 18 2025
Aon hands Vincent Shih expanded role as head of treaty reinsurance in Taiwan
He has held the titles of senior executive director for Aon and Aon reinsurance solutions since December 2023.
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- November 18 2025
Allianz Commercial, Coastal Marine team up for APAC marine hull coverage
Partnership will initially focus on Coastal Marine's core offering of hull and machinery for coastal and inland tonnage in Indonesia, Singapore, Malaysia, Thailand, and Hong Kong.
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- November 18 2025
China P&I Club launches local Hong Kong mutual
Hong Kong P&I Club will strengthen the territory's position as a 'leading hub for marine insurance.'
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- November 18 2025
The Hartford locks in Asia specialty focus, but ‘exciting pipeline’ still on the cards: Carl Bach
Hartford Underwriting Agency CEO anticipates regional GWP to grow 30% to US$25m in 2025, driven by new Lloyd's office in Singapore and established Hong Kong and Shanghai operations.
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- November 17 2025
Hanwha on the hook as lead insurer for E-Land’s South Korea warehouse fire: reports
- Property & Casualty
- South Korea
- Property
- Claims
- DB Insurance
- Hanwha General Insurance
- Hyundai Insurance
- KB Insurance
Hyundai Marine & Fire Insurance, DB Insurance, KB Insurance, and Heungkuk Fire & Marine Insurance are other co-insurers of the building, with total policy limits of around US$261m.
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- November 17 2025
MS&AD to buy minority stake in Barings for US$1.4bn
Parent company MassMutual will remain in overall control of the asset manager following the acquisition.
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- November 14 2025
Lotte Insurance to sue FSC over ‘prompt corrective action’: reports
Dispute stems from the regulator's decision to issue a management improvement recommendation to the Korean carrier.
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- November 14 2025
Spurt in capital, profitable underwriting to drive Fubon Insurance growth: AM Best
AM Best revises Taiwanese insurer’s outlook to stable from negative and affirmed its A (excellent) rating.
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- November 14 2025
Underwriting, investment gains to support ZhongAn’s profitability: AM Best
Rating agency revises its outlook to positive from stable and affirmed ZhongAn’s A- (excellent) rating.
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- November 14 2025
Costs start to add up for Vietnam, Phillippines after typhoons Kalmaegi, Fung-wong
Typhoon Kalmaegi struck the Philippines and Vietnam last week, before Typhoon Fung-wong brought severe flooding and damage to the Philippines and Taiwan over the past week.
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- November 14 2025
Starr appoints Zurich veteran Celia Wong to lead the financial lines practice in Hong Kong
She joins after spending over 14 years at Zurich, where she last held the position of underwriting practice lead for financial lines since April 2022.
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- November 12 2025
Bale Gao joins Lockton as vice president for marine, specialty, and reinsurance
Hong Kong-based Gao joins from WTW, having spent just over three years as a marine manager.
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- November 11 2025
Sompo eyes bigger piece of the pie, with Hong Kong’s ‘vibrant’ IPO boom creating opportunities for D&O insurance
Insurer wants to continue to scale up its APAC financial lines business in 2026, Emily Poh, head of financial lines for APAC, tells InsuranceAsia News.
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- November 10 2025
DB Insurance’s Fortegra deal faces Tiptree shareholder opposition
Minority shareholder Veradace Partners has alleged that the US$1.65bn sale is at an 'inadquate valuation' and out of line with shareholders' interests.
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- November 6 2025
Exclusive: Nexus’ Hong Kong, Labuan underwriting business acquired by Huntington
Nexus will continue to write accident and health business from the region, while the property and marine risks will be written from Dubai.
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- November 5 2025
Marsh completes acquisition of Mitsubishi Electric Insurance Service, appoints Ichiro Seino as president and CEO
As part of Marsh Japan, the company will now operate as MEIS Insurance Services (MEIS), with Ichiro Seino named president and CEO of MEIS.
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- November 4 2025
Japan’s Tokio Marine subsidiary buys US-based Ignyte’s Collector insurance unit for US$615m
Business employs about 250 people and recorded a gross written premium of US$164m (JPY25.9bn) in FY24.
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- November 4 2025
China Taiping to sustain quality growth with prudent investment strategy: Fitch Ratings
Fitch says China Taiping’s consolidated credit quality has been raised to a, from a-, reflecting the group’s sustained capital strength, resilient profitability and 'most favourable' company profile.