Country: East Asia Page 92 / 210
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- April 27 2021
Sompo Japan outlook revised to stable: Fitch
The insurer's domestic underwriting business offset the negative impact of Covid-19 on its international operations.
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- April 26 2021
South Korea 1.4 renewals excluded contagious diseases, silent cyber
Guy Carpenter said capacity was more than sufficient with some players chasing cedants.
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- April 23 2021
Asia Affinity launches Hong Kong reinsurance broker
Acacia Insurance Solutions joins the market with industry veteran Susanna Lam at the helm.
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- April 23 2021
Japan P&C profits to be driven by new specialty lines
Moody's report says demand for cyber, business interruption and event cancellation is set to grow post-pandemic.
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- April 22 2021
Chinese insurtech Leapstack targets Korea and Japan
Artificial intelligence medical payments firm eyes Asia expansion.
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- April 21 2021
Japan 1.4 renewals dominated by pandemic and cyber
Guy Carpenter report notes that exclusions were the main point of contention.
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- April 21 2021
Nova Insurance eyes expansion after FSE seals acquisition
General manager Patrick Chan tells IAN it will consider M&A opportunities and team hires.
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- April 20 2021
D&O cover in spotlight as Asia eyes SPACs boom
Expert tells IAN the market has seen an increase in enquiries for cover from Asia-based funds.
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- April 20 2021
Q&A: Aon Re’s Qin Lu on China’s ‘unprecedented’ digital opportunity
Greater China CEO reflects on foreign investment, renewals, the GBA, P&C reforms and Covid-19.
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- April 19 2021
China’s Waterdrop plans NYSE IPO
The insurtech saw GWP top US$2bn in 2020 according to a regulatory filing.
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- April 16 2021
Scor’s 1.4 renewals boosted by India and Japan
The reinsurer saw price increases of 12.3% on Japanese cat excess-of-loss programmes.
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- April 13 2021
Aon/WTW: aerospace, cyber assets offered to secure EU approval–report
The EU competition authority has a provisional July deadline to make a decision.
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- April 9 2021
‘Realistic’ capacity has decreased in China’s upstream market: WTW
There is currently around US$500m of upstream capacity.
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- April 9 2021
Bank of Korea weighs in on cat bond reform
Central bank officials warn climate change requires a new approach after last year's record rainy season.
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- April 8 2021
Rail losses give recent Japan EQ US$1bn potential
McLarens adjuster tells IAN railway damage is likely to be key factor affecting claims after February's magnitude 7.0 earthquake.
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- April 7 2021
Mitsui Sumitomo eyes US$4.5bn M&A splurge: report
The Japanese giant is looking overseas amid a “difficult earnings environment” in its home market.
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- April 7 2021
Hong Kong’s health insurers see profit surge
Axa, Blue Cross and Bupa benefit from increase in medical insurance.
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- April 6 2021
HK premium levy rate adjusted in April
Levy on policyholders is capped at HK$100 for life policies and HK$5,000 for general insurance.
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- April 6 2021
Insurtech Profile: Coherent
The HK-based firm is looking to expand and is building a new team in Japan this year.
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- April 5 2021
Taiwan’s FSC names insurers facing train crash payouts: report
Cathay Century and MSIG Mingtai identified as the carriers facing claims in Taroko Express crash.
