Country: East Asia Page 87 / 210
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- July 30 2021
Global supply chain woes to keep pressure on cargo premiums
Delays are becoming more costly but can’t be insured at affordable prices.
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- July 30 2021
Insurtech fund-raising hits US$7.4bn in H1 2021
WTW report shows the first half of the year has surpassed 2020's total of US$7.1bn.
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- July 29 2021
Asia sees growing potential in agriculture (re)insurance
Asia will soon generate 50% of global agriculture premiums according to a Lloyd's webinar.
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- July 29 2021
Peak Re to acquire remaining 50% of Caribbean insurer Nagico
The Hong Kong-based reinsurer acquired its initial stake in 2016.
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- July 28 2021
Asia pricing saw 6% growth in Q2: Marsh
The increase was driven by property, financial and professional lines.
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- July 28 2021
ZYIC maintains credit rating despite Henan flooding
AM Best cautions that the full extent of claims in the province is still unknown.
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- July 28 2021
China’s flood defences must be combined with insurance
Extreme flooding in Henan highlights the importance of a functioning risk transfer market.
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- July 28 2021
Lloyd’s Japan eyes recovery after GWP sinks in 2020
New rules allow market players at Lloyd’s Japan to negotiate binders with Singapore.
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- July 27 2021
Generali Asia casualty head joins QBE Hong Kong
IAN has learned that Kelvin Woo is now head of corporate underwriting amid a wider specialty revamp.
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- July 26 2021
Central Re keeps positive underwriting result, eyes overseas expansion
The Taiwan-based reinsurer is set to continue expansion into Europe, the Middle East and South-East Asia.
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- July 26 2021
Henan’s heavy flooding triggers over US$800m of claims
Typhoon In-Fa expected to bring even more problems in the coming days.
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- July 26 2021
China Re expects large profit increase in first half
The Chinese reinsurance player noted that it has seen improved underwriting earnings overseas.
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- July 26 2021
Korea’s FSC gives three insurers more room to play in regulatory sandbox
Toss, DB and NongHyup Life Insurance to enjoy greater flexibility for online sales and marketing.
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- July 23 2021
Asia’s renewable projects poised to squeeze capacity
The region is set for US$200bn of investment in wind farms over the next five years and often in nat cat prone areas.
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- July 23 2021
Chin Feng set to leave Aon Hong Kong — sources
IAN understands the director will leave the broker in September.
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- July 22 2021
Japan’s MS&AD makes second investment in US insurtech Next
The group is looking to gain insights into the Silicon Valley company's digital SME strategy.
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- July 21 2021
China’s Henan province sees ‘thousand-year’ floods
Ping An P&C has already received 13,000 claims and that number is expected to rise sharply.
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- July 21 2021
Swiss Re’s Anna Lee handed HK, Taiwan P&C client markets role
Lee starts in September and continues as head of new business development, P&C reinsurance SID.
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- July 20 2021
Typhoons threaten agriculture in three China provinces
Ministry of Agriculture urges insurers to settle any claims promptly amid uncertainty over landfall.
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- July 19 2021
China puts Dajia Insurance on the auction block for US$5.2bn
Beijing is selling off the caretaker firm managing the assets of the now defunct Anbang Insurance Group.