Country: East Asia Page 3 / 219
-
- August 6 2025
Heavy rain, floods, landslides leave insurers counting losses across Hong Kong, China, India
Torrential rain this week caused substantial damage and disruptions.
-
- August 5 2025
Beijing flood losses to be ‘substantial’ as region braces for more rain
Insurers have received 65,000 reports of losses following last month's extreme rain, with an estimated insured loss of US$277m, according to regulatory data.
-
- August 4 2025
Howden ropes in Marsh’s Raymond Law to spearhead Hong Kong construction strategy
Law joins the broker as sales director will help shape construction practice in the SAR as it officially launches.
-
- August 4 2025
Sompo unveils investment hub to drive ‘agile, dynamic’ growth investments
New business development hub will target investment opportunities mainly in Japan and promote and manage the insurer’s venture capital investments.
-
- August 1 2025
Allianz Commercial Japan hires Munich Re’s Brian Jinzenji as representative director and president
Insurer also promotes Yuichiro Funabashi to representative director and executive vice president for Japan.
-
- August 1 2025
Opinion: After Russia earthquake scare, is Japan’s resurgent nuclear industry really prepared for the ‘Big One’?
8.8-magnitude earthquake which struck off Russia's far eastern coast on Wednesday triggered tsunami warnings across Japan and the wider Pacific region.
-
- July 31 2025
Perils expands SCS coverage to Japan, New Zealand
New service will capture SCS industry losses above JPY100bn and NZD300m as of August 1.
-
- July 30 2025
Resolution Life enters flow reinsurance deal with Japan’s Taiju Life
Bermudian reinsurer has been growing its footprint in Asia Pacific's asset intensive reinsurance market
-
- July 29 2025
Japan P&I to sustain strong capitalisation, operating performance: S&P Global
Global rating agency on Tuesday upgraded its insurer rating to BBB+ from BBB with a stable outlook.
-
- July 29 2025
Japan, Korea wildfires mark turning point in regional climate risk understanding: Willis
Insured losses from nat cats 'will very likely' exceed US$100bn again this year, the broker said in a half-year report.
-
- July 29 2025
30 dead in Beijing after days of torrential rain, 80,000 residents relocated
Hong Kong on Tuesday had also issued its first black rainstorm warning of the year as heavy downpours hit the city.
-
- July 28 2025
Fitch assigns Generali China A- financial strength rating on strong capital position, strategic group role
Wholly owned Chinese P&C arm of Italian insurance group posted GWP of US$238m and 105% COR last year.
-
- July 28 2025
Marsh to acquire Mitsubishi Electric’s in-house insurance agency in Japan
Shares of Mitsubishi Electric Insurance Service will be transferred to the global broker in November.
-
- July 28 2025
Construction Guarantee’s underwriting losses to continue for the short to medium term: AM Best
Korean insurer has reported two consecutive years of underwriting losses in 2023 and 2024, as well as another loss in H1 2025.
-
- July 28 2025
Hong Kong P&C market posts US$112m underwriting profit in Q1 2025: HKIA
The SAR's direct insurers posted an underwriting profit of US$140m, while the inward reinsurance segment posted an underwriting loss.
-
- July 24 2025
Allianz Partners hires senior underwriter from Allied World
Hong Kong-based Juan Ibarra Santos has joined Allianz group's affinity and assistance business as a senior group underwriter.
-
- July 24 2025
Asia’s asset-intensive reinsurance outlook remains ‘bullish’: Gallagher Re’s Jeffrey Seow
Head of life and health in the region tells InsuranceAsia News that capital markets volatility will drive deal flow.
-
- July 23 2025
Japan P&I Club posts 69.2% combined ratio in FY24
Club said its financial year, which ended March 2025 was characterised by a 'noticeable increase in large claims' such as the Baltimore Bridge collapse.
-
- July 22 2025
South Korea flood motor claims rise to US$22m: report
At least 17 people died in floods and landslides caused by the torrential rain, which started last week and intensified over the weekend.
-
- July 21 2025
Vietnamese (re)insurers brace for Typhoon Wipha, Hong Kong facing US$255m bill
Heavy rainfall and strong winds are expected across northern Vietnam, posing risks of flooding and damage, particularly in coastal areas.
