Country: East Asia Page 4 / 224
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- October 1 2025
Brookfield closes first reinsurance deal in Japan
The flow deal allows Dai-ichi Frontier Life to reinsure liabilities to American National Insurance Company starting October.
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- September 30 2025
Circles Group names Charlie Egar as underwriting manager for assets, fine arts
Industry veteran earlier held underwriter roles at Sportscover Europe, Eaton Gate, and Artsure.
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- September 30 2025
Opinion: ‘Dib dib dob dob’: Hong Kong’s disaster risk management leads the way, highlighted by subdued Super Typhoon Ragasa losses
Most powerful tropical cyclone of the year to date impacted Hong Kong, Macau, mainland China, Taiwan and the Philippines last week.
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- September 30 2025
Athene enters block reinsurance deal with Sony Life
Deal will reinsure in-force block of US dollar denominated whole life insurance policies and retrocede all mortality risk associated with the block to Swiss Re.
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- September 29 2025
Sony’s financial services arm closes up 16% after rare direct listing
Financial services arm of the Japanese conglomerate includes life insurer Sony Life and property and casualty carrier Sony Assurance, as well as Sony Bank.
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- September 29 2025
Hong Kong’s curtailed Super Typhoon Ragasa economic losses under US$400m: report
Claims mainly from wind and flooding, with water damage across all affected territories, David Seng, technical and strategic projects director at Sedgwick in Asia also tells InsuranceAsia News.
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- September 29 2025
Aon hires Shinji Kuriyama as APAC enterprise client leader in Japan
Tokyo-based Kuriyama, who joins from BNP Paribas, will lead the broker's relationships with Japanese clients globally.
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- September 28 2025
Nova drives 24% FY25 growth amidst China expansion
Hong Kong-listed FSE Lifestyle Services’ insurance arms posted a 23.9% jump in revenue for FY25, powered by new placements and growth by Beijing Nova.
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- September 26 2025
DB Insurance clinches US$1.65bn deal for US specialty carrier Fortegra
The Korean insurer will acquire a 100% of the Warburg Pincus-backed Tiptree subsidiary.
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- September 26 2025
Super Typhoon Ragasa’s impact less than feared in Hong Kong, Taiwan and Macau
Despite widespread reports of property losses, claims from the strongest storm of the year are expected to be much smaller than that from Typhoon Mangkhut in 2018, loss adjusters tell IAN.
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- September 26 2025
Addressing protection gap requires collaborative effort, says HKIA’s Stephen Yiu
Unleashing social values of insurance to narrow the protection gap and deepening financial inclusion is essential for stable market growth, he said addressing an HKCIB conference.
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- September 24 2025
KDIC aims to recover US$740m through SGI Seoul Guarantee stake sale: report
South Korean deposit insurer has begun offloading a 33.85% stake to recoup public funds injected during the Asian financial crisis.
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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.