Country: East Asia Page 85 / 211
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- October 5 2021
Japan’s SMEs see rise in corporate risks: GIAJ
General Insurance Association of Japan survey highlights a low level of consciousness among small-and-medium-sized enterprises.
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- October 5 2021
China Re fires starting gun on Hong Kong ILS
The reinsurer is seeking retrocession cover for typhoon-related risk in the Greater Bay Area.
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- October 4 2021
Hong Kong regulators target premium financing
A joint Insurance Authority and Monetary Authority study calls for improvement around risk disclosure.
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- October 4 2021
Tokio Marine backs out of thermal coal mining projects
Japan's top three P&C insurers had already stopped underwriting new coal power projects.
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- September 30 2021
HKIA says local market showing ‘signs of recovery’
Insurance Authority chair Moses Cheng says Hong Kong can be a "super connector" for international investment.
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- September 29 2021
Evergrande’s 50% stake in life arm could fetch US$600m — report
Bloomberg analyst warns that over US$2bn is needed to improve Evergrande Life Assurance's solvency ratio beyond 200%.
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- September 28 2021
CBIRC wants mainland insurers to use HK as cat bond hub — report
The move comes soon after China’s Henan province saw devastating flooding in July.
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- September 28 2021
Taiping Re turnaround gives parent first half bump
Premiums and profits are up at both China Taiping and its reinsurance arm.
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- September 28 2021
MS Amlin acquisitions doubles MS&AD’s overseas business
The (re)insurer posted a US$380m underwriting loss due to Covid-related BI and event cancellation claims.
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- September 27 2021
India should welcome Chinese investment in LIC
Rumoured plans to ban mainland investors from IPO risk turning the deal into a political hot potato.
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- September 24 2021
FWD posts NYSE IPO filing
The Hong Kong-headquartered pan-Asia life player is eyeing a potential US$13bn valuation.
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- September 23 2021
Flood insurtech Previsico raises US$2.5m
The insurtech tells IAN it is currently targeting China and Hong Kong in the Asia Pacific region.
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- September 23 2021
Sompo to buy Italian crop insurer
The acquisition of ARA 1857 is expected to close in Q1 2022.
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- September 23 2021
BHSI’s Breuil: ‘Data and analytics indissociable from underwriting’
The specialty player's regional head sees increased consolidation among both brokers and carriers.
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- September 20 2021
Cosco Shipping’s captive to see steady premium growth: AM Best
The captive benefits from low distribution costs for group-related business and a favourable reinsurance environment.
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- September 17 2021
Samsung Re gets group captive boost: AM Best
The reinsurer is mainly focused on South-East Asia and India as GWP neared US$80m in 2020.
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- September 16 2021
Digital ecosystems boost Asia’s insurtech space: CapGemini
The consultancy firm says Ping An has earmarked US$14.5bn for research and development over the next decade.
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- September 15 2021
February’s Fukishima earthquake claims rise to US$1.88bn: GIAJ
The industry association says the event has resulted in over 213,000 claims so far and has cost insurers nearly US$2bn.
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- September 14 2021
Falcon GM to join Hong Leong Insurance in Hong Kong – sources
IAN understands that Cody Hui is making the switch with Furmen Chiu set to join Falcon.
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- September 14 2021
Hannover Re eyes APAC growth, stable 2022 renewals
The reinsurer says it has achieved and -- in some instances -- outperformed its initial profit targets in the region.
