Country: East Asia Page 87 / 206
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- May 24 2021
Peak Re to keep Asia focus amid global expansion
CEO Franz Josef Hahn tells IAN “Asia will always be our home" as other markets near 40% of GWP.
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- May 21 2021
Japan’s ‘Big Three’ P&C players ride out Covid storm
MS&AD, Sompo and Tokio Marine benefitted from fewer domestic nat cat and motor claims.
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- May 20 2021
Aon/WTW: Taiwan’s antitrust authority gives the green light
The Fair Trade Commission says the mega broking deal would “not significantly restrict competition".
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- May 20 2021
Q&A: HKFI’s new chairman on the GBA, RBC and ESG
HSBC's Edward Moncreiffe explains some of the association's priorities over the next 12 months.
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- May 18 2021
China premium income rises 7.8% in Q1 amid Covid recovery
CBIRC data shows reinsurers were the top performers as assets grew 9.2% to over Rmb540bn.
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- May 18 2021
Peak Re hires from Hannover Re for global retro head
Sascha Bruns is set to join in September and will work on strategy for P&C business.
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- May 17 2021
HKIA designates AIA, Prudential, FWD under GWS framework
Hong Kong joins Australia, Bermuda, Singapore and the UK by enacting group-wide oversight.
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- May 17 2021
Gallagher’s China loss is Aon’s gain
The omission of China and HK from the Willis Re sale is a great deal for Aon.
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- May 13 2021
Japan earthquakes to cost (re)insurers US$1.29bn: GIAJ
Industry association says the February Fukushima EQ alone led to over 130,000 claims.
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- May 13 2021
Samsung Fire & Marine sees Q1 profit jump 163%
Korea's largest P&C player saw investment income climb over 40% but didn't make an underwriting profit.
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- May 13 2021
Gallagher agrees deal for Willis Re
The agreement excludes reinsurance assets in Hong Kong and China and helps Aon's purchase of WTW.
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- May 12 2021
Prudential Financial’s Japan unit blunted Covid-19 impact: Fitch
After several sales of Asian assets in the last 18 months, Japan is set to grow in importance.
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- May 11 2021
Zurich’s Min-Jie Ye to lead FWD GI Hong Kong: sources
IAN understands the head of HK specialty is set for a senior position at FWD General Insurance.
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- May 11 2021
Allianz’s GI China JV underwriting performance to feel pressure: Fitch
Expansion into health market is key reason cited by the rating agency, but outlook remains stable.
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- May 10 2021
Asian Re’s loss ratio deteriorates as cat losses bite: AM Best
Underwriting results remain volatile with Asian Re's five-year average COR exceeding 125%.
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- May 7 2021
Munich Re hires Asia property treaty underwriting lead
Joachim Zagrosek has joined from Swiss Re as the reinsurer unveils positive Q1 2021 results.
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- May 5 2021
Hong Kong’s ILS push builds momentum
IAN understands the first issuance will come by the end of Q3 2021.
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- May 4 2021
Tencent-backed insurtech Waterdrop ups US IPO target to US$360m
The firm is confident it can capture China's underserved health insurance market.
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- May 3 2021
South Korea’s insurers feel the Covid pinch overseas
Non-life operations in China, Indonesia and Vietnam the main international focus of local players.
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- May 3 2021
Hong Kong broker Convoy to be delisted
The move takes place on May 4 after a series of governance issues at the firm.
