Country: East Asia Page 77 / 206
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- November 22 2021
Tokio Marine’s H1 profit boosted by rates, Covid rebound
Net written premiums in the group's international non-life business increased 14.6% to US$5.94bn.
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- November 22 2021
Sompo bumps profit target after H1 improvement
Global player increases net profit forecast by US$464m as Asia (ex-Japan) performance revised upwards.
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- November 19 2021
CPIC gets greenlight for Hong Kong life arm
The new long-term insurance player will be led by former HSBC insurance executive Candy Yuen.
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- November 18 2021
KB Insurance’s underwriting boosted by fewer claims: AM Best
The firm is South Korea’s fourth-largest non-life insurer with a market share of around 13%.
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- November 17 2021
China, India and Indonesia to see non-life headwinds: AM Best
The rating agency said in a SIRC briefing that Covid-19 and low interest rates are common causes.
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- November 16 2021
Gallagher senior appointments target Asia growth
Thomas Wang and Leng Leng Ng take on leadership roles for North Asia and Singapore.
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- November 15 2021
Asia’s insurers take first steps on digital asset protection
Hong Kong's OneDegree is the first in Asia to offer cover for the loss of cryptocurrencies.
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- November 12 2021
AIA grows new business 15% in first nine months
Hong Kong sales continue to struggle as a result of restrictions on mainland Chinese visitors.
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- November 12 2021
FWD eyes potential Hong Kong IPO listing — report
A US listing has become more complex for Hong Kong firms amid ongoing tensions between Beijing and Washington.
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- November 11 2021
Former FWD exec joins Hong Kong’s Well Link Insurance
Ted Wai has taken on the role of deputy chief executive for the insurance group which has GI and life operations in the SAR.
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- November 10 2021
Sunshine Insurance exploring HK IPO in 2022 — report
The Beijing-headquartered firm is one of the seven largest insurance companies in China.
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- November 9 2021
Willis Towers Watson’s Clare Muhiudeen to lead Asia
Based in Hong Kong she was most recently head of WTW human capital and benefits international.
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- November 9 2021
Peak Re boosted by H1 underwriting performance: Moody’s
Asia accounted for 57% of the reinsurer's GWP in H1 2021 of which half was generated from China, the rating agency said.
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- November 8 2021
ZhongAn’s combined ratio improves to 99.4%
AM Best report says the digital insurer currently enjoys a 1.2% share of China's P&C market.
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- November 8 2021
Generali taps former Starr exec as Asia casualty head: sources
IAN understands that Starr's former head of liability for Hong Kong has taken on the role.
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- November 5 2021
HK Fintech Week: Insurtechs talk healthcare data, claims management
Waterdrop founder Peng Shen said new technologies can link up the whole health insurance value chain.
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- November 5 2021
HKIA focuses on data as insurtech evolution speeds up
Insurance Authority CEO Clement Cheung told HK Fintech Week the regulator wants an API framework similar to the banking sector.
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- November 4 2021
HK Fintech Week: Insurers eye AI to transfer data into insights
Experts from Swiss Re and AIA shared their experiences on harnessing insurtech data.
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- November 4 2021
South Korea to ease insurance licensing rules: FSC chair
The changes reflect ongoing industry diversification such as platform-based healthcare services.
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- November 3 2021
China’s motor reforms take a toll
P&C lines are down by 7.6% this year after the CBIRC's auto insurance revamp.