Country: East Asia Page 71 / 216
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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.
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- September 13 2022
Munich Re’s former Singapore CEO joins Samsung Fire & Marine
James Park will be the head of international business for commercial lines.
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- September 13 2022
Allianz Trade promotes two execs to APAC roles
Malgorzata Cybulska-Dusson joins as regional head of claims & collection and Amol Zambre as regional head of information & grading.
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- September 13 2022
Domestic leadership, global presence drive TMNF’s growth: AM Best
Average five years combined ratio for non-life insurance was 95.6%.
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- September 13 2022
Opinion: Japanese majors swept up in Lloyd’s legacy zeitgeist
RiverStone’s run-off acquisition of Sompo's Endurance at Lloyd’s marks the end of an era.
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- September 12 2022
MS Amlin AG rebrands as MS Reinsurance
The rebranding exercise is part of a wider business transformation project.
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- September 12 2022
Losses mount from nat cats in Korea, Pakistan, China and India
An earthquake, a typhoon and two serious flooding events are triggering a large volume of claims.
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- September 12 2022
China P&C premium pile grows 9.3% as foreign insurers double market share
China's P&C premium increased to US$132bn in the first seven months of 2022.
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- September 9 2022
APAC renewables to generate US$59bn of premium by 2035: Swiss Re report
Property and casualty sector global real premiums will grow by around 2.7% in 2023.
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- September 9 2022
Korean digital insurer Carrot plans to go public by 2025
The Hanwha-owned carrier was valued at US$850m after a US$217m third-round fundraising.
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- September 8 2022
Tencent exec replaces Samsung P&C China head after capital injection
Ren Huichuan becomes interim GM with Ji Qingxie set to depart.
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- September 8 2022
FWD postpones Hong Kong IPO until 2023: report
It is understood that the long-awaited fundraising has been suspended yet again.
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- September 7 2022
LK Re eyes South-East Asia expansion with Singapore launch
The South Korean broker has eight employees in its new office in the Lion City.
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- September 7 2022
China Re names He Chunlei as new chairman: report
He was recently appointed as party committee secretary of the company.
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- September 7 2022
Atele Toma to lead Allied World’s APAC A&H underwriting
Former Arch underwriter will oversee the business across Singapore, Hong Kong and Australia.
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- September 7 2022
Milliman appoints Ouling Lu as regional head for product propositions
The former Allianz exec will be in charge of South-East Asia, India and Hong Kong for life products.
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- September 6 2022
Revenues at Hong Kong’s Nova grew 16% in FY 2022
The broker reached a HK$100m revenue milestone due to a number of 'sizeable' construction projects.
