Country: East Asia Page 79 / 215
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- March 30 2022
Dual sells Asia financial lines, cyber portfolio to Chubb
The MGA's Hong Kong and Singapore units had used MSIG as an underwriter.
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- March 29 2022
CPIC P&C arm hits US$1bn net profit in 2021
Agriculture, liability and health lines all saw double digit GWP growth during the year.
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- March 29 2022
Asia events market tries to shrug off pandemic hits
There are signs of life but Covid-19 connected cover is not an option unless governments are involved.
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- March 28 2022
South Korea non-life net profits increased 65.2% in 2021
As profits hit US$3.53bn, premiums climbed a more modest 2%.
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- March 25 2022
Aon-COFCO appoints Dai Jia as general manager
Dai will succeed Clare Wu, who is to retire from the Chinese joint venture.
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- March 25 2022
Larger, more frequent weather events drive Asia losses
Summer flooding in China in 2021 was one of four events globally that topped US$20bn economic loss.
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- March 25 2022
Japan earthquake property losses below US$4bn: Verisk
A maximum of US$820m can be attributed to commercial and industrial properties.
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- March 23 2022
CBIRC urges insurers to properly handle claims from China crash
21 insurance companies are conducting investigations on-site.
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- March 22 2022
Generali appoints new general manager for Hong Kong
Davide Glavina will cover both P&C and life operations.
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- March 22 2022
Insurers brace for claims on back of downed Boeing 737
The plane crashed in Guangxi province in China with 132 people onboard.
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- March 18 2022
Swiss Re names new China CEO
Ivan Gonzalez will relocate from New York to Beijing.
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- March 18 2022
Ping An profits down after ‘complex and difficult’ year
Overall net profits fell 29% but P&C GWP growth picked up 8.7% in Q4 2021.
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- March 17 2022
AGCS targets 10% GWP growth in Asia: global CFO
The specialty player is exploring new partnerships in the region, says Claire-Marie Coste-Lepoutre.
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- March 16 2022
PSC in talks to acquire Hong Kong specialty broker: sources
The Australian group already owns three brokers in the territory.
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- March 16 2022
Standard Club and North P&I merger talks piques interest in Asia
The two P&I giants have already started reaching out to members and brokers.
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- March 16 2022
Claims dent profits at HK insurers
Axa retained its crown as the city’s biggest general insurer, but the market saw profits fall 19%.
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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.
