Country: East Asia Page 6 / 222
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- August 8 2025
Capstone’s Dan Dibden launches crypto-focused broker in Hong Kong
Fraction will predominately focus on the digital asset ecosystem, assisting companies throughout Asia on risk transfer solutions.
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- August 8 2025
HDI expands Hong Kong engineering team with double appointment
Steven Tang and Chris Yang join from global reinsurer Scor.
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- August 7 2025
Tokio Marine’s Q1 results handed domestic nat cats boost, strong overseas results
Domestic COR improved by 13.3 points to 86.2% in Q1 FY25, while international non-life businesses' topline grew 4.3% year on year.
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- August 7 2025
Losses from Hong Kong’s record-breaking rainfall less widespread than 2023 black rainstorm: Sedgwick
Claims from Tuesday's downpour are expected to arise from damage to cars, facilities in buildings, hospitals, warehouses, resorts, theme parks, and construction sites, according to Alex Tang, director at Sedgwick Hong Kong.
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- August 7 2025
K-Sure provides US$350m guarantee for purchase of 6 Korean tankers by US shipping firm: report
Support includes US$300m buyer credit guarantee for International Seaways and a US$50m refund guarantee for K Shipbuilding.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
