Country: East Asia Page 76 / 216
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- July 4 2022
Korean wind projects worth US$264m GWP to insurers
Construction of 6GW of offshore wind presents risk challenges, but also an opportunity.
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- July 1 2022
China’s Henan province launches pilot cat scheme
Local government wants to boost protection in six cities after dramatic floods last year.
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- June 28 2022
Sompo makes coal underwriting pledge and joins Net-Zero Insurance Alliance
The insurer commits to ruling out underwriting and investment in certain coal companies by 2025.
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- June 28 2022
The London P&I Club appoints Deborah Yu as Hong Kong manager
Fiona Pounds to become deputy general manager amid four other appointments.
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- June 27 2022
Lower commission boosts PICC HK 2021 underwriting: AM Best
The insurer has been expanding its inward reinsurance business.
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- June 27 2022
Former Swiss Re exec joins Generali Asia for commercial role
The exec has become Asia regional head of SME and commercial lines at Generali.
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- June 24 2022
PICC teams up with NDRC on agriculture insurance: reports
Cooperation in product innovation, agricultural product cost investigation, designated counties development and data sharing will be carried out.
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- June 22 2022
Perils expands cat data to Japan wind and flood
The firm will use data from most of the country's P&C players which provided 'strong support'.
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- June 22 2022
MSIG Hong Kong to maintain ‘modest’ GWP growth: S&P
Growth expected from employee compensation, marine and travel insurance recovery.
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- June 21 2022
Over US$28m insured loss caused by Guangdong severe storms: report
PICC and Ping An are facing millions of claims payments respectively.
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- June 20 2022
Axa XL appoints new China country head
HaoMing Zhou reports to Gilles Fromageot, Axa XL Asia regional manager and Yamin Zhu, Axa Tianping CEO.
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- June 20 2022
Lloyd’s confirms Hong Kong general representative
Eve Yeung will start in July as Joshua Lynch relocates back to Singapore.
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- June 17 2022
MS&AD joins Net-Zero Insurance Alliance
The UN initiative wants net-zero greenhouse emissions in underwriting portfolios by 2050.
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- June 15 2022
Toa Re’s ratings revised to negative outlook by S&P
The COR of the group has exceeded 100% for four consecutive years.
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- June 14 2022
Aon’s reinsurance arm appoints Asia and China head of casualty
Yosuke Yasuda has joined the broker from Swiss Re and is based in Singapore.
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- June 14 2022
Macau extends nat cat scheme to black rain: report
The decision comes after heavy rain hit the SAR last week.
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- June 14 2022
Positive winds carry Japan’s P&C majors into Q2
Sompo, Tokio Marine and MS&AD to benefit from fewer claims and higher premiums, if the weather holds.
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- June 13 2022
Insurtech Profile: Akur8
This French insurtech is now bringing its AI pricing solution to Asian clients.
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- June 10 2022
Are international reinsurers right to show China caution?
Covid, geopolitical issues and a competitive market are making some firms rethink strategy.
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- June 9 2022
Pressure group reveals insurers of Asian coal plants
Starr, Liberty, Berkshire, Allied and Lloyd’s named as the industry’s ‘last lifeline’.
