Country: East Asia Page 78 / 206
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- November 2 2021
Shinhan Financial buys Korea’s BNP Paribas Cardif GI
The move would give Shinhan a full general insurance license.
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- November 2 2021
Standard Club appoints HK-based commercial director
Ireland MD and former head of Asia Robert Drummond to lead commercial development in the region.
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- November 1 2021
HKIA signs claims MoU with Insurance Complaints Bureau
The Insurance Authority currently does not have the legal remit to adjudicate on claims.
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- November 1 2021
Former Lockton cyber exec joins Marsh in Hong Kong: sources
IAN understands Marsh has appointed a new vice president -- head of cyber for Greater China.
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- October 29 2021
Hong Kong regulator gives November 30 vaccination deadline
Those who are unable — or unwilling — to get the jab will need to undergo mandatory Covid-19 testing every two weeks.
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- October 28 2021
Ping An’s net profit continues downward trend
Premium income at the insurer's P&C arm fell by 9.2% over the first nine months of 2021.
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- October 27 2021
Taiwan enjoys record P&C premium growth
The non-life market is growing at its fastest pace in more than a decade.
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- October 26 2021
Weak motor profits to impact China’s P&C players beyond 2021
Pricing pressure from regulatory reforms could prompt some smaller insurers to exit the business line completely.
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- October 26 2021
Hong Kong’s brokers urged to plan renewals early amid hard market
CIB event told that property risk models can fail to estimate the true scale of losses.
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- October 26 2021
China Life P&C sees 4.5% premium growth in H1 2021: Moody’s
The insurer continued to record underwriting losses partly due to the performance of its motor business.
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- October 25 2021
HKIA panel flags ‘long’ timeline for some complaints
Independent review panel says Insurance Authority review timelines can be lengthy on occasion.
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- October 22 2021
Dah Sing Insurance maintains Hong Kong market share
AM Best says the P&C player plans to scale down its reinsurance inward treaty business to better control risk accumulation.
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- October 21 2021
BMS expands into Korea with broker buy
The specialist broker has bought M&A and financial lines firm VIB as part of its Asia expansion plans.
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- October 20 2021
HK’s Bowtie raises US$22.6m from Mitsui, Sun Life
The life and health digital insurer is looking to expand in the Greater Bay Area.
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- October 19 2021
Hong Kong digital insurer Avo raises HK$260m
The digital insurer recorded gross written premiums of HK$1m in 2020.
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- October 19 2021
HKIA talks tough in conduct report
Regulator suggests it could take a harder line going forward after talking first disciplinary action.
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- October 19 2021
Anxin Agricultural Insurance faces high geographic, product risks: Moody’s
A high geographic concentration around Shanghai offsets some of the insurer's strengths, the rating agency said.
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- October 18 2021
Charles Taylor appoints new Greater China director
Derik Chen previously worked as a claims manager with Axa XL in Shanghai.
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- October 18 2021
Shinhan Life joins net-zero climate push
Commitment to limit emissions of underwriting portfolio is first for an Asian insurer and comes ahead of COP26.
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- October 15 2021
CBIRC gives AIA greenlight for Hubei operations
The insurer has added to mainland units in Shanghai, Beijing, Guangdong, Shenzhen, Jiangsu, Tianjin, Hebei and Sichuan.
