Country: East Asia Page 77 / 210
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- January 21 2022
AM Best upgrades Taiwan’s Hotai Insurance
Taiwan's largest motor player has been improving its combined ratio in recent years.
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- January 20 2022
CBIRC releases interim unified supervision framework
The new rules will take effect from March 1 and apply to off-site supervision.
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- January 20 2022
FWD raises US$200m from ORIX and Huatai Securities
The Hong Kong insurer launched a private placement in December.
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- January 20 2022
Taiwan life premiums to hit US$120bn in 2025: GlobalData
The increase will be driven by an aging population and investment insurance.
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- January 19 2022
China Taiping GI’s 2021 GWP decreases 2% from previous year
The Chinese P&C subsidiary recorded US$4.33bn of GWP in 2021.
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- January 19 2022
Xi Jinping comments are welcome news for foreign (re)insurers
Chinese leader hints at more deregulation as Gallagher becomes the latest overseas entrant.
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- January 18 2022
Integra signs partnership with major South Korean adjuster
Seoul-headquartered International Adjusters & Surveyors (Iasco) has over 600 staff.
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- January 18 2022
Ping An sees P&C GWP fall in 2021
The insurer generated US$42.5bn of non-life gross written premium last year.
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- January 17 2022
South China Insurance’s underwriting margin under pressure: AM Best
The narrowing is due to the increased claims experience and its expense ratio.
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- January 13 2022
China Life appoints temporary chairman amid investigation
Non-exec director Yuan Changqing steps up after Wang Bin suspected of discipline breaches.
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- January 12 2022
The pandemic accelerated a digital ‘structural shift’: AFF
There is more work to do to utilise data for product design and claims, according to experts at the Asian Financial Forum.
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- January 11 2022
China was second-largest insurance market again in 2021: CBIRC
The total claims payout was US$224bn in the first 11 months of the year, the regulator said.
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- January 11 2022
Hong Kong is a ‘great place’ for ILS: Asian Financial Forum
Execs from Zurich, Scor, HSBC and WTW highlighted appetite for nat cat bonds to manage climate risks.
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- January 10 2022
Jingwei Jia leaves Swiss Re Corporate Solutions
The Greater China chief executive left the firm last week on January 6.
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- January 10 2022
China Life’s chairman under investigation
Wang Bin is suspected of serious violations of discipline and law, according to a Chinese anti-corruption body.
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- January 10 2022
HK can help China with rising reinsurance needs: CBIRC vice chairman
Xiao Yuanqi was speaking on the first day of the 15th Asian Financial Forum.
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- January 10 2022
Hong Leong Insurance (Asia) in commercial expansion: AM Best
The Hong Kong insurer is looking to offset a drop in personal lines premiums during the pandemic.
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- January 7 2022
HKIA appoints Deloitte to take control of Target Insurance
The regulator said the insurer's investments might have breached statutory requirements.
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- January 5 2022
API opportunity opens up in Hong Kong
Execs at Axa and Manulife are hopeful a speedy open API regulatory framework can reap dividends.
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- January 5 2022
Japanese insurers struggle with overseas volatility
Non-life premiums from Asia Pacific declined by 11.2% as Covid restrictions took hold.
