Country: East Asia Page 3 / 245
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- September 18 2026
Chiba torrential rains trigger US$225m in insurance payouts across 30,000 claims: GIAJ
As of August 28, motor claims account for almost 60% of losses with payouts totalling over US$131m across over 19,100 claims.
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- September 17 2026
Kumamoto earthquake payouts top US$152m as claims exceed 110,000: GIAJ
Kumamoto prefecture accounts for over 90% of claims following the July 28 quake, which killed at least 38 people.
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- September 17 2026
Natsuko Kato joins Aon’s transaction solutions team in Asia
She joins from Medtronic Japan, according to a LInkedIn post from APAC managing director Martijn de Lange.
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- September 16 2026
Hong Kong pushes captive insurance, ILS reforms as policy address seeks to strengthen international hub status
In his annual policy address and first five-year plan on Wednesday, chief executive John Lee Ka-chiu introduces several initiatives, including legislative amendments to introduce a protected cell company (PCC) structure.
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- September 15 2026
Asian power insurance softens on abundant capacity, Chinese market rates remain stable: Willis
International and regional insurers continue to deploy significant capacity, enabling many insureds to secure premium reductions, broader insurer participation and enhanced policy terms, according to Lyo Foo, head of power and natural resources for Asia.
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- September 15 2026
Starr taps Patto To as regional A&H claims manager
Hong Kong-based To will focus on strengthening claims service across Hong Kong and Singapore.
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- September 15 2026
Brics eyes ‘self-reliant insurance ecosystem’
India also proposes hosting a Brics Risk Lab, open to interested members at the Gujarat International Finance Tec-City (Gift City) International Financial Services Centre in Gujarat.
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- September 14 2026
Miller Japan hires Hiroaki Wakamatsu as business development, credit insurance specialist
He will work alongside Tokinori Kono, head of non-marine broking, across multiple lines of business, including credit, surety and political risk.
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- September 14 2026
Starr appoints Sharon Ho as head of A&H for Hong Kong
She was most recently a partnership and affinity manager at Generali.
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- September 11 2026
London P&I among insurers on the hook for Ocean Melody carrier after fatal blaze
Liberian-flagged cargo ship caught fire on Thursday while being docked for repairs in Chinese shipping hub of Qingdao, leaving 25 dead.
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- September 10 2026
Singapore’s GIC takes 5% stake in Samsung Fire and Marine
With its purchase of 2.24 million shares, the sovereign wealth fund has become one of the largest shareholders of the South Korean insurer.
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- September 10 2026
Chubb elevates Hong Kong-based Jeremy Lai to head of cyber, technology practice
He has been with Chubb for almost seven and a half years, having joined as an assistant casualty underwriter.
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- September 9 2026
Japanese P&C carriers’ underwriting profit rebounds 186% to US$2.3bn in FY25: Toa Re
Improvement driven by an increase in net premium income and a drop in net claims paid, reflecting lower earthquake claims following the 2024 Noto Peninsula earthquake.
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- September 9 2026
Tokio Marine HCC International completes Direct Commercial acquisition
UK commercial motor specialist will continue to operate as a standalone business, while the acquisition also includes sister company, Direct Commercial Premium Finance.
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- September 9 2026
S&P upgrades PICC Re outlook following China’s financial sector recapitalisation
Rating agency says the reinsurance arm of Chinese insurer PICC remains 'highly strategic' to its parent and will benefit from the stronger capital buffers.
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- September 9 2026
‘World first’ Lloyd’s-backed insurance solution opens China’s equestrian market to global horse imports
Underwritten by CPPIC, with supporting capacity from a syndicate at Lloyd’s of London, Hong Kong-based specialist insurance broker MG Geraghty Insurance Brokers confirms the 'important development' for owners, trainers, breeders, exporters.
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- September 9 2026
Pacific Life Re executes first asset-intensive reinsurance deal in Hong Kong
Transaction involves a block of whole life liabilities of a pan-Asian insurer.
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- September 9 2026
Opinion: In a time of war, will other Asian nations follow in Japan’s wake?
Japan is the latest to explore a state-sponsored marine insurance scheme, but the move raises profound questions for maritime reinsurance across Asia.
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- September 8 2026
China’s ‘rare’ US$9bn insurance sector recapitalisation enhances risk resilience: analysts
Ministry of Finance has announced a US$54bn plan to recapitalise the financial system to enhance its capital strength and boost economic growth.
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- September 8 2026
Swiss Re promotes Iris Cheung to head of L&H reinsurance for Hong Kong, Taiwan
She succeeds Torben Swart, who was promoted to managing director and appointed head of technical and operational excellence for APAC, excluding China.