Country: East Asia Page 74 / 211
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- April 25 2022
Asia’s top P&C insurers grew non-life books by 3.7% in 2021 despite Covid headwinds
Top 10 players booked US$279bn in 2021, according to IAN analysis.
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- April 22 2022
Mitsui Sumitomo to provide space insurance to Japan start-up
Ispace is planning its first lunar launch in Q4 2022 "at the earliest".
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- April 21 2022
Sunshine Insurance submits HK IPO application
Last year Sunshine P&C saw GWP hit US$6.37bn.
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- April 21 2022
Tokio Marine launches US$42m venture capital fund
The investments aim at opportunities to partner strategically or become a customer.
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- April 20 2022
Adjuster Stelliant closes Hong Kong, Singapore offices
The French firm will continue to have a close working relationship with Crawford in the region.
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- April 19 2022
Asian ILS off to a slow start in 2022
After a record 2021, issuance of insurance-linked securities totalled just US$262m in Q1.
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- April 15 2022
Fosun makes P&C insurer sale
The Chinese conglomerate bought the US firm for US$433m eight years ago.
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- April 15 2022
HKIA resumes full service as city ‘opens’ up
The 'fifth wave' of the virus appears under control with gyms, cinemas and theme parks set to open.
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- April 14 2022
Insurers face rising non-payment risk in China
Ukraine crisis, high commodity prices, rising interest rates and the latest surge in Covid-19 cases are all factors.
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- April 13 2022
Xenia takes majority stake in HK’s Capstone Insurance Brokers
The deal for the financial lines and digital assets broker is the UK specialty broker's first overseas.
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- April 12 2022
China: Lure of cross-border reinsurance grows on nat cat spike
Players - including Allianz Re, Swiss Re and Peak Re - set to benefit.
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- April 11 2022
Sompo International opens Tokyo office
Former AIG veteran will head the new unit.
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- April 11 2022
Agriculture exposes China United Property to cat losses: Fitch
Agriculture insurance generated nearly 22% of the insurer’s total premiums in 2021.
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- April 8 2022
China’s Sunshine Insurance makes overseas IPO filing
It's reported the Beijing-headquartered group could raise as much as US$2bn in Hong Kong.
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- April 7 2022
HKIA asks for co-operation over city-wide Covid testing
Companies asked to encourage employees to test and to put in place business continuity measures.
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- April 7 2022
Allianz Re targets ambitious growth in Asia this year
The global reinsurer sees significant potential in China and India.
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- April 6 2022
China’s liability market grows as motor premiums slow
While the legal system isn't as favourable, there is plenty of room for product innovation.
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- April 5 2022
Tokio Marine: Greensill policies were ‘void from inception’
The Japanese insurer says that it will vigorously defend any claims relating to the supply chain financial firm.
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- April 4 2022
Evergreen declares general average for stricken Ever Forward
The firm has hired adjuster Richards Hogg Lindley as it seeks to free the Hong Kong-owned vessel.
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- April 4 2022
Japan renewals orderly amid new capacity
After a year of benign cat losses, the April 1 renewal was stable, according to Gallagher Re's James Vickers.
