Country: East Asia Page 4 / 241
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- July 16 2026
PICC Hong Kong handed double rating upgrade, positive outlook from AM Best
AM Best upgrades The People’s Insurance Company of China's Hong Kong arm rating to A (excellent) with a stable outlook, citing sustained business scale growth, strongest‑level capitalisation and continued support from PICC Group.
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- July 16 2026
Markel strengthens greater China marine capabilities with Shanghai risk engineer hire
Shanghai-based Vincent Wang brings more than 16 years of experience across marine operations, surveying and engineering consultancy.
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- July 15 2026
Aon appoints WTW’s Sean Deehan as APAC Strategy and Technology Group CEO
He will be based in Hong Kong and report to Sherif Zakhary, global CEO for the broker's consulting and advisory business.
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- July 15 2026
Aon bolsters Asia transaction solutions team with Yen Lin Ee’s return as regional director
She will relocate from Singapore to Tokyo and will have a 'key focus on the Japanese market'.
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- July 14 2026
Sompo taps Canon Liu as head of financial lines for Hong Kong, Macau, Taiwan
He will lead Sompo's financial lines underwriting strategy, driving growth and portfolio expansion in D&O, professional indemnity, financial institutions, and cyber insurance.
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- July 13 2026
OneDegree promotes Emily Chow to chief executive
Chow, who joined the virtual insurer in 2022, previously served as general manager and deputy chief executive.
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- July 13 2026
OK Financial named preferred bidder for Yebyeol Non-Life
Korea Deposit Insurance Corporation will grant the preferred bidder an exclusive negotiation period and proceed with follow-up steps, including sale negotiations and the signing of a stock purchase agreement.
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- July 13 2026
AI rollout, war impacts to drive specialty innovation in greater China: Markel’s Chelsea Jiang
AI transformation and geopolitical disruptions are driving urgent demand for specialty insurance, the Lloyd’s carrier's managing director for greater China tells InsuranceAsia News.
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- July 12 2026
Typhoon Bavi slams eastern China, forces millions to evacuate
The windstorm, the second to hit the country in a week, was downgraded after making landfall early Sunday.
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- July 10 2026
Scor, Japan Post Insurance strike MoU on postal life reinsurance, joint vehicle
Partnership will see Scor assume postal life risks and operate a jointly backed reinsurance vehicle aimed at strengthening diversification and capital management
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- July 10 2026
Typhoon Maysak payout hits US$323m as China braces for Typhoon Bavi
Insurers in Guangxi, Hubei, Hunan, Guangdong, Guizhou, Gansu, Chongqing, Jiangxi, Anhui, and other regions have received 320,000 reports.
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- July 9 2026
Exclusive: Marsh’s Wincy Choi swaps London for Hong Kong for finpro role
Choi takes up the role as senior vice president for financial and professional liability for Hong Kong and Macau after 12 years in London.
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- July 9 2026
Typhoon Maysak claims top 11,000 in China, insured losses hit US$16m
Ping An, Taiping, China Life P&C, CIC China Insurance, and China Continent Insurance have all reported claims related to the typhoon and the subsequent thunderstorms and tornadoes.
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- July 9 2026
QBE Asia appoints James Lo as market lead for cargo, marine underwriting
Hong Kong-based Lo joins following over 12 years at HDI Global, where he was most recently head of marine for North Asia and lead underwriter.
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- July 8 2026
RGA inks block life deals with Sumitomo Life, Anshin Life
Deal with Sumitomo Life marks the rare appearance of a mutual in the Japanese asset intensive reinsurance market.
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- July 8 2026
Hong Kong captive tally climbs to 9 with pair of new approvals
Hong Kong's Insurance Authority authorises HSH Captive, established by The Hongkong and Shanghai Hotels, and SF Captive, set up by SF Holding.
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- July 7 2026
Wild weather hits China as Typhoon Maysak floods Guangxi, deadly storms tear through Hubei, Super Typhoon Bavi loom
Events on Monday caused widespread damage, including a dam collapse, leaving at least 15 people dead and tens of thousands affected.
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- July 7 2026
Howden hires trio to grow employee benefits, financial lines in Hong Kong
Broker appoints Eugene Wong as employee benefits practice lead, Alan Sze as associate director for employee benefits sales, and Jason Lam as associate director for financial lines.
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- July 7 2026
Hong Kong’s first virtual insurer eyes Malaysia-led Southeast Asia push after hitting ‘critical’ US$100m revenue milestone
Life insurer Bowtie expects to break even 'quite soon' on the back of rapid growth and a 93% customer retention rate, co-founder Fred Ngan told InsuranceAsia News.
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- July 7 2026
Aon’s Reinsurance Solutions appoints Matthew Chae as L&H growth leader in South Korea
Seoul-based Chae has strong cross-border expertise and more than 20 years of experience across life insurance and reinsurance.
