Country: East Asia Page 76 / 211
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- March 16 2022
Evergreen container ship runs aground, insured loss remains unknown
One year after a sister ship was stuck in the Suez Canal, the Ever Forward is stranded near Maryland.
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- March 15 2022
Senior China official calls for insurers to issue ILS in HK: report
Samuel Yung suggests the SAR and GBA develop a climate and disaster data sharing framework.
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- March 15 2022
Markel targets US$100m GWP in Asia
Simon Wilson, president of the firm's international arm, has articulated future plans.
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- March 14 2022
Swiss Re Corporate Solutions appoints Greater China CEO
An experienced AIG exec will take on the role in April from Shanghai.
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- March 14 2022
CPIC reports rising premium income for both property and life
CPIC's property premiums have surged 15.7% year-on-year, whilst its life unit saw a rise of 2.3%.
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- March 14 2022
GWP jumps 2.6% for Hong Kong’s GI sector: HKIA
Premiums for the industry as a whole decreased by 0.9% due to performance of long-term business.
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- March 14 2022
Chinese insurers face US delisting
China Life among firms that could be kicked off US stock exchanges amid audit dispute.
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- March 11 2022
HKIA urges market to review plans ahead of Covid testing
The capacity and integrity of IT systems must be critically evaluated, says the regulator.
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- March 10 2022
Hong Kong GI GWP to reach US$10.1bn in 2026: GlobalData
Market projected to grow 6.6% annually, as demand ticks up for liability cover such as cyber and D&O.
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- March 10 2022
Ukraine conflict to have ‘modest’ impact on APAC insurers: S&P
The war is unlikely to impact a largely domestic-facing market, but there are significant risks.
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- March 10 2022
Electric car insurance: profitability concerns persist
As a new dawn greets Asia’s motor industry, a dearth of data presents underwriting challenges.
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- March 8 2022
MGA Fusion bolsters M&A with Singapore, Sydney and HK hires
Danielle Eliatamby, Lillian Chau and Sabrina Chia all have law firm backgrounds.
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- March 8 2022
PICC Hong Kong gains Macau licence approval
The move comes close on the heels of Lockton's decision to set up in the enclave.
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- March 8 2022
Howden M&A hires from Marsh in Singapore, relocates W&I exec to HK
The APAC moves come amid surging demand for M&A policies and growth in regional deals.
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- March 7 2022
AIA and BEA form GI partnership off back of Blue Cross sale
AIA will provide insurance solutions, including health insurance, to BEA’s customers in Hong Kong.
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- March 3 2022
China will not impose sanctions on Russia: CBIRC
Head of the regulator Guo Shuqing believes such measures to be illegal and ineffective.
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- March 2 2022
China P&C grew just 1% in 2021
Covid, motor reforms and a property crisis combined to create worst ever year for sector.
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- March 1 2022
FWD posts strong results ahead of IPO
The insurer's value of new business reached US$686m as it submits IPO filing.
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- February 25 2022
China rule change led to 1% fall in motor revenue for Axa
CBIRC carried out a reform of motor insurance in 2020.
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- February 25 2022
HKIA reports 13% increase in complaints against insurers
Majority of cases (28%) were for misconduct.
