Country: East Asia Page 65 / 211
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- September 26 2022
Generali picks new Hong Kong CEO: sources
IAN understands the replacement for Davide Glavina, who left the company after a few months into the role, is awaiting regulatory approval.
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- September 26 2022
Exclusive: Korean carriers DB, Samsung and Hyundai on the hook for Posco’s huge typhoon claims
DB Insurance provided the largest coverage to the steelmaker with around 17% exposure of the risk pool.
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- September 23 2022
CTX Special Risks, Cosco Shipping captive join global marine climate group PPMI
The Poseidon Principles of Marine Insurance is a framework to incentivise shipping decarbonisation by disclosing the 'climate alignment' of hull and machinery portfolios.
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- September 23 2022
Market braces for Nanmadol loss creep
Secondary perils could play a major role after mid-single digit billion loss estimates.
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- September 22 2022
Well Link’s Thomas Lee doubles up as GI CEO
Well Link Life's chief executive aims to bring synergies across the HK firm's general and life units.
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- September 22 2022
Tokio Marine’s Kosuke Hashimoto starts new IUMI vice president role
TM&NF's marine underwriting manager joins new IUMI president Frédéric Denèfle, Garex managing director, on the committee.
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- September 21 2022
Zenobia Huang to steer WTW Taiwan marine team
Taipei-based Huang has been at the broker since 2015 specialising in hull, P&I and other liability lines.
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- September 21 2022
Chubb in advanced talks for Hang Seng bancassurance deal: report
The Hong Kong bank is seeking a new partner after its 10-year exclusive deal with QBE expired earlier this year.
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- September 20 2022
Generali China Insurance elevates Yan Jiu as chairman
The former vice-president and member of CPC committee for Bank of Kunlun will work with the property insurer's general manager Yuan Yinghui.
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- September 19 2022
Strong Taiwan earthquake triggers widespread infrastructure damage
Buildings, railway lines and bridges have all been impacted in the epicentre, Taitung county.
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- September 19 2022
‘Violent’ Typhoon Nanmadol causes havoc across Japan
The third-strongest typhoon to make landfall since records began is moving northeast raising flood warning in Tokyo.
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- September 19 2022
Korean Re’s H1 profits tumble 44% on overseas underwriting slide
The combined ratio for international business climbed to 107.4% from 96.3% in H1 2021, while overall GWP grew 10%.
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- September 19 2022
Asian ILS market to thrive as investors seek diversification
Multiple deals in the pipeline with Singapore and Hong Kong continuing policy support for alternative markets.
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- September 19 2022
Chenwei Li to head Peak Re’s structured solutions
He will also co-head the life and health business and report to chief executive Franz Josef Hahn.
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- September 19 2022
Prudent reinsurance, low costs anchor Cosco captive’s performance
AM Best affirmed financial strength rating of A for the Chinese shipping company subsidiary.
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- September 19 2022
Sompo Japan’s 5-year average COR at a ‘strong’ 96.3%: AM Best
The rating agency has affirmed the financial strength rating of A+ (superior) to the company and its subsidiaries.
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- September 16 2022
Why Fosun’s divestment plan may exclude Peak Re
Non-core divestitures are unlikely to change the controlling interest of core insurance units like the Hong Kong reinsurer and Fosun Insurance Portugal.
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- September 15 2022
Fosun sells 22% stake in YongAn Property Insurance
State-owned Shaanxi Financial Asset Management acquired the conglomerate's interest in the Chinese carrier.
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- September 14 2022
Lloyd’s crypto coverholder Evertas enters Hong Kong and Australia
The Chicago-based company uses capacity from Arch Insurance to offer cover against theft or loss of blockchain assets.
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- September 14 2022
FWD refiles for Hong Kong IPO
Stock exchange filing revealed that H1 new business reached US$405m, up 25% year-on-year.
