Country: East Asia Page 80 / 210
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- December 6 2021
Swiss Re appoints interim head to lead China operations
Brian Han replaces John Chen who is stepping down at the end of January.
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- December 3 2021
Hong Kong’s Bank of East Asia eyes Blue Cross sale — report
A potential transaction could be worth as much as US$400m for the general insurer.
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- December 2 2021
China tightens risk management for insurance groups
The CBIRC said the new rules are in line with international practices.
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- December 2 2021
McLarens expands Asia team with senior appointments
The loss adjuster appoints Kevin Yu and Yee-Su Tsai to lead operations in China and Taiwan.
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- December 1 2021
Japan property rates to keep rising: Fitch
The increases are set to continue in part due to higher reinsurance costs.
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- December 1 2021
Hong Kong premiums down 1.1% over first nine months
HKIA data shows the sector recorded total GWP of US$58.5bn as mainland visitors continued to be impacted by travel restrictions.
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- November 30 2021
PIC 2021: Green investments key for sustainability
CEOs from China Pacific Life, Manulife, Axa and HSBC Life urged the industry to invest in green finance.
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- November 30 2021
PIC 2021: Asia’s L&H market faces climate change hit
The region's life and health markets face a massive protection gap which experts say is being made worse by a warming planet.
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- November 30 2021
Guy Carpenter’s Gallagher sees ‘more stable’ renewals
The Asia CEO expects a focus on poor performing programs where the nature of the exposure has changed.
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- November 29 2021
WTW taps Zurich exec as Asia casualty head
Hong Kong-based Ben MacCarthy starts in December amid a string of senior regional appointments at the global broker.
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- November 29 2021
Reinsurance broker Richmond expands into Taiwan
Taipei-based Kevin Kuo has been appointed CEO of the new subsidiary ahead of the January 2022 renewals.
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- November 26 2021
South Korea’s non-life insurers see net income jump 62.6%
This uptick was partly attributed to lower motor loss ratios due to the Covid-19 pandemic.
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- November 26 2021
Insurtech Profile: Hong Kong’s Ignatica eyes organic growth
It provides solutions for over 30 types of products across life, P&C, individual and group insurance.
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- November 24 2021
Taiwan’s non-life players benefit from benign nat cat experience
P&C insurers have recorded a five-year average net combined ratio of 95.6%, according to AM Best.
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- November 23 2021
WTW appoints Hong Kong and Macau leader
Ted Hodgkinson replaces Roger Steel who retired in September.
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- November 22 2021
China Re’s underwriting result exposed to nat cats, motor reforms: AM Best
The reinsurer's domestic P&C business has been particularly impacted by deteriorating conditions in these two segments.
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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%.
