Country: East Asia Page 95 / 211
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- March 30 2021
South Korea’s Kyobo Life appoints three co-CEOs
Pyun Jung-beom to lead digital transformation alongside Shin Chang-jae and Yoon Yeol-hyun.
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- March 30 2021
Hong Kong’s GWS framework comes into effect
Regulator's chief executive hopes the move will attract more big players.
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- March 30 2021
Ever Given: wider marine insurance market to see limited impact
AGCS expert tells IAN it is still too early to predict overall losses.
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- March 29 2021
China Pacific Insurance profits decline 11.4% in 2020
The insurance giant saw new life business fall 27.4% while non-motor P&C GWP grew 30%.
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- March 26 2021
South Korea insurers’ profit spike to face 2021 headwinds
Regulator reveals 14% increase for 2020 but expert predicts claims jump as Covid-19 restrictions are relaxed.
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- March 26 2021
Iain Reynolds and Andrew Souter to co-lead Peak Re’s P&C operation
Head of analytics and director of markets step up as Chris Kershaw retires.
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- March 24 2021
AIA acquisition of BEA Life a sign of things to come
Hong Kong insurer pays US$650m and inks 15-year bancassurance partnership.
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- March 24 2021
Sun Life hands Clement Lam Hong Kong CEO role
The Canadian insurer also taps Asia CFO Karim Gilani to oversee Hong Kong, Singapore and Bermuda.
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- March 24 2021
China’s insurers see data protection as main digital barrier
Geneva Association survey ranks the PRC as the most "accommodating" market globally as pandemic drives digitalisation.
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- March 24 2021
HK-based Lloyd’s coverholder eyes Asia cyber market
Industry sources say the Pandamatics Underwriting start-up will hopefully spur competition.
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- March 23 2021
CXA shutters Vietnam office as it ‘consolidates’ due to Covid-19
The insurtech sold its Singapore and Hong Kong brokerages in February.
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- March 23 2021
China FDI changes won’t spur insurance gold rush
Replacing ownership caps with a national security review is unlikely to open the investment floodgates, experts tell IAN.
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- March 19 2021
HK start-up Azure targets freight amid trade recovery
Anmol Sawlani leads the new broker as Hong Kong introduces tax breaks for the marine sector.
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- March 19 2021
GBA insurance plans hindered by data law diversity
Market remains bullish but cross-border transfer rules need work, experts tell IAN.
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- March 19 2021
Swiss Re’s coal pledge sets a marker
Cutting thermal coal exposure from treaties puts pressure on competitors to follow suit.
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- March 18 2021
Hong Kong’s digital insurers need ‘time’ amid mixed results
Insurance Authority data for 2020 shows some large gaps between premiums and expenses.
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- March 18 2021
Japan 1.4 wind hikes to top 7.5%: sources
IAN understands earthquake renewal rates are also set to climb by up to 5%.
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- March 17 2021
China’s January GWP exceeds US$150bn
CBIRC data shows a strong start to the year with health insurance premiums up 28%.
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- March 17 2021
Bitcoin mining cover needs ‘realistic’ pricing
As policy requests grow, expert tells IAN the risk exceeds traditional data centres.
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- March 16 2021
AIG Korea appoints Ramzi Toubassy as new CEO
The Malaysia-based AmMetLife head is set to replace the retiring Douglas Min on April 1.