Country: East Asia Page 62 / 215
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- January 26 2023
Berkley Re Asia appoints senior China casualty underwriter
Ling Li has most recently been a liability senior underwriter at PICC P&C.
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- January 26 2023
Oneglobal hires Hong Kong account manager
Sue Tan is relocating from Taiwan where she worked as an assistant manager at TW Insurance Brokers.
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- January 20 2023
Hong Kong P&C, specialty prospects brighten as China reopens
Revival in GBA investments and travel to drive cyber, D&O, M&A, PI and energy lines.
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- January 19 2023
Competition cushions China renewals
Despite tough market conditions, cedents managed to extract some concessions.
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- January 18 2023
Cybersecurity firm Blackpanda eyes Asia growth after US$15m Series A
The firm wants to use its investment from Primavera Venture Partners and Gaw Capital Partners to deepen its regional presence.
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- January 18 2023
CBIRC’s new motor pricing regime may strain small insurers’ profitability: Moody’s
The regulator hiked the floating range of the independent pricing coefficient of commercial motor insurance to 0.5 - 1.5.
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- January 17 2023
Sinosure insured US$900bn worth of trade in 2022
The trade-credit insurer saw its SME business grow 15.7% year-on-year covering US$227m in business.
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- January 16 2023
WTW appoints Tony Yen to lead Taiwan
Yen, who has been at the broker since 2015, succeeds Charles Wang who retired last month.
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- January 16 2023
Taiwan’s South China Insurance sees COR improve to 95.2%: AM Best
The company is exposed to a low and controlled level of claims arising from pandemic-related insurance products.
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- January 13 2023
PICC P&C 2022 premium income rose 8.3% to US$70bn
The carrier saw a 22% rise in agri insurance premiums, while motor growth came in at a low 6.2%.
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- January 12 2023
Starr hires Chin Feng as CUO, APAC financial lines
Feng was a previously a corporate director for Aon in Hong Kong and has worked at AGCS.
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- January 12 2023
Adapting to a new risk environment key in a post-Covid world: AFF
QBE's Lei Yu, Aon's Paul Young and Prudential's James Turner discuss Hong Kong's reopening, talent and ESG.
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- January 9 2023
Hong Leong Insurance to improve underwriting to pre-Covid levels: AM Best
The Hong Kong insurer's combined ratio is significantly better than the industry average.
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- January 6 2023
Kim Duixun takes over as Hyundai P&C’s interim GM in China
Jiang Xinwei, the former GM, resigned due to personal reasons.
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- January 5 2023
Sompo Holdings sued for US$750m damages over Van Gogh painting
Sompo bought the painting for US$40m in 1987 at a Christie’s London auction.
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- January 4 2023
Australia floods, Fukushima earthquake top 2022 nat cat losses: Cresta
With Typhoon Nanmadol, three out of the top seven ex-US loss events exceeding US$1bn were from Asia Pacific.
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- December 30 2022
PICC P&C issues US$32.5m Hong Kong-domiciled cat bond
The third ILS to be issued in the city offers coverage for China earthquake risks.
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- December 30 2022
Japan’s big three to offer US$60m in Russia-Ukraine marine war cover: report
Total underwriting capacity halved to US$226m despite an additional US$165.8m cover from overseas reinsurers.
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- December 30 2022
MS&AD investment arm adds US$100m dry powder
The venture capital fund will invest in overseas insurtechs and digital startups related to risk and insurance, which are strategically relevant the Japanese carrier.
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- December 29 2022
Third Hong Kong ILS offering “in the pipeline”, says HKIA chairman
A new mainland reinsurer is in talks to sponsor a city-domiciled cat bond early next year, IAN can reveal.
