Country: East Asia Page 86 / 215
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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%.
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- November 17 2021
China, India and Indonesia to see non-life headwinds: AM Best
The rating agency said in a SIRC briefing that Covid-19 and low interest rates are common causes.
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- November 16 2021
Gallagher senior appointments target Asia growth
Thomas Wang and Leng Leng Ng take on leadership roles for North Asia and Singapore.
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- November 15 2021
Asia’s insurers take first steps on digital asset protection
Hong Kong's OneDegree is the first in Asia to offer cover for the loss of cryptocurrencies.
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- November 12 2021
AIA grows new business 15% in first nine months
Hong Kong sales continue to struggle as a result of restrictions on mainland Chinese visitors.
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- November 12 2021
FWD eyes potential Hong Kong IPO listing — report
A US listing has become more complex for Hong Kong firms amid ongoing tensions between Beijing and Washington.
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- November 11 2021
Former FWD exec joins Hong Kong’s Well Link Insurance
Ted Wai has taken on the role of deputy chief executive for the insurance group which has GI and life operations in the SAR.
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- November 10 2021
Sunshine Insurance exploring HK IPO in 2022 — report
The Beijing-headquartered firm is one of the seven largest insurance companies in China.
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- November 9 2021
Willis Towers Watson’s Clare Muhiudeen to lead Asia
Based in Hong Kong she was most recently head of WTW human capital and benefits international.
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- November 9 2021
Peak Re boosted by H1 underwriting performance: Moody’s
Asia accounted for 57% of the reinsurer's GWP in H1 2021 of which half was generated from China, the rating agency said.
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- November 8 2021
ZhongAn’s combined ratio improves to 99.4%
AM Best report says the digital insurer currently enjoys a 1.2% share of China's P&C market.
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- November 8 2021
Generali taps former Starr exec as Asia casualty head: sources
IAN understands that Starr's former head of liability for Hong Kong has taken on the role.
