Country: East Asia Page 63 / 211
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- November 1 2022
Lockton Korea buys financial lines broker, appoints Ben Son as CEO
Son established ESOP in 2019 and will join with his 20-strong team.
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- November 1 2022
Blockchain holds promise of more efficient Asian ILS
The distributed ledger technology may help reduce inefficiencies in buying cat bonds.
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- October 31 2022
BOCG Insurance boosted its underwriting result in 2021
AM Best expects the company to continue leveraging the branch network of its banking parent.
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- October 28 2022
Exclusive: Fosun seeking US$1.25bn for Peak Re
Offers are likely to come in at a substantial discount to Bermudian peers, IAN understands.
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- October 28 2022
Irene Chiu swaps Gallagher for Aon in Hong Kong: sources
She joins as head of growth and Delivering Aon United leader.
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- October 27 2022
Starr hires senior casualty exec as Hong Kong liability head
Jazz Tang was most recently liability underwriting manager at Bank of China Group Insurance.
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- October 27 2022
China P&C grew 10.6% YoY in the last decade
While GWP zoomed 153% to US$192bn in 2021, the share of motor moderated to 56.8% to 72.4% 10 years ago, CBIRC data shows.
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- October 26 2022
Canopius’ Newman: APAC demand and economic fundamentals ‘still very strong’
The APAC CEO tells IAN about the carrier’s regional expansion as it embarks on its next five-year plan.
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- October 25 2022
HKIA working with CIB to support brokers eyeing GBA
Insurance Authority's Stephen Yiu, Chubb's Doug White, Howden's Mark Johnson and veteran Adrian King shared views at the annual brokers' conference.
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- October 25 2022
Analytics: APAC nat cat damage 43% below average for H1
Flooding in Australia/China and an earthquake in Japan accounted for nearly half of these losses.
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- October 24 2022
Dah Sing Insurance expanding into construction all risks, mortgage cover
The company is reducing its offshore inward reinsurance portfolio amid a capital and surplus decline by US$30 million in the first half of 2022, according to AM Best.
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- October 21 2022
Cathay Financial to inject US$300m into Cathay Century
The fundraise will help the Taiwanese P&C player absorb rising losses on pandemic policies and mark-to-market losses on their investments.
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- October 20 2022
Peak Re bolsters retrocession team with Kenneth Ip
The former associate director at Aon's reinsurance arm joins as assistant vice president in Hong Kong.
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- October 20 2022
MGA Fusion reinforces M&A underwriting with Aon duo
Hui Ling Wong joins as a senior partner in Hong Kong and Yen Lin Ee as a partner in Singapore.
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- October 20 2022
HKIA welcomes policy proposals to facilitate cross-border GBA cover
Hong Kong chief executive John Lee is targeting after-sales insurance service centres in Nansha and Qianhai.
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- October 19 2022
CTBC launches bid to become Taiwan’s first virtual insurer: report
The P&C carrier has filed an application with the Financial Supervisory Commission.
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- October 18 2022
The Hartford swoops for Starr’s APAC head of financial lines
Hong Kong-based Ethan Tay will lead the financial lines team in the region for its Lloyd's arm Navigators.
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- October 17 2022
Berkley strengthens Greater China casualty team with Aon hire
Evelyn Pang joins the insurer’s Hong Kong branch as an underwriter.
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- October 17 2022
Volante charts ambitious APAC play
The London-based specialty carrier is set for Lloyd's foray in Singapore, Australia, Japan and India as well as in the Middle East and Africa, IAN can reveal.
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- October 16 2022
Peak Re’s outlook revised to negative by AM Best
Despite contagion risks from the Fosun ownership, the reinsurer's standalone business fundamental remains stable, said the rating report affirming its A- credit rating.
