Country: East Asia Page 91 / 211
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- June 18 2021
CBIRC drafts rules to constrain shareholder behaviour
The rules seek to improve governance and strengthen supervision at banks and insurers.
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- June 17 2021
FWD files IPO registration in US
Report suggests the Hong Kong-headquartered insurer could raise up to US$3bn by end of 2021.
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- June 16 2021
Credit Suisse prepares Greensill claims–report
A Tokio Marine subsidiary provided the trade credit insurance for the bankrupt supply chain finance firm.
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- June 16 2021
Kakao Pay handed digital insurance licence by FSC
The South Korea digital giant is eyeing a H1 2022 launch subject to final regulatory approval.
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- June 16 2021
Hyundai Marine & Fire underwriting improves on lower motor losses
Reduced auto claims due to a Covid-19 lockdown helped to boost performance.
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- June 15 2021
Lloyd’s HK representative to take on Asia markets role—sources
IAN understands that Thomas Haddrill is set to start his new role in Singapore on July 1.
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- June 14 2021
Olympics ‘too big to fail’ for specialty contingency market
Estimates have put the total figure for a Tokyo washout at US$3bn.
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- June 10 2021
Munich Re promotes William Man to HK, Taiwan life general manager
The chief actuary will combine his previous role with underwriting and business development.
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- June 10 2021
CPIC close to setting-up Hong Kong life arm—sources
IAN understands Simon Lam has joined from Munich Re to aid the launch.
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- June 9 2021
Aon FSPG director to leave Hong Kong business—sources
IAN understands from several senior market sources that Ling Yu has handed in her resignation.
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- June 9 2021
HK’s Sart Underwriting rebrands as specialty players eye Asia growth
The MGA and Lloyd's coverholder has this week rebranded as Hawkes Bay Underwriting.
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- June 8 2021
Qianhai Re appoints Weishu Fan as CEO
The former head of Munich Re’s Beijing branch has also worked for Zurich and Swiss Re.
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- June 8 2021
Asia fine art rates stable amid ‘flurry’ of activity
Regional collectors are looking beyond the traditional Lloyd’s market for cover.
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- June 7 2021
Taiwan’s P&C players demonstrate resilience
Non-life market expected to grow 5-6% annually over the next few years with the motor sector playing a key role.
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- June 7 2021
China seeks to control reinsurance growth
The CBIRC's new rules will promote better risk management and operational practices.
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- June 3 2021
Crawford poaches Chubb exec to lead Hong Kong team
The Singapore-based industry veteran will relocate to the SAR soon.
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- June 3 2021
Taiwan green-lights Taishin’s Prudential Life acquisition: report
The FSC has imposed conditions including retaining all of the insurer's existing employees.
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- June 3 2021
HKIA’s ‘pandemic passport’ not enough for normality
Relaxed quarantine requirements for insurance execs are now in place.
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- June 3 2021
Japan’s life giants set for rebound after robust FY 2020 profits
Stable mortality margins helped Dai-ichi Life, Meiji Yasuda Life, Nippon Life and Sumitomo Life.
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- June 2 2021
Hong Kong start-up FuSure Re eyes China health market
Another reinsurer backed by a mainland powerhouse has set up shop in the SAR.
