Country: East Asia Page 97 / 228
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- December 20 2021
Sompo hands group CEO additional chairman role
Kengo Sakurada will assume the two top roles at the Japanese insurer effective April 1, 2022 with Mikio Okumura becoming president.
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- December 20 2021
Fanhua to go private, delist from Nasdaq amid political tensions
Company spokesperson tells IAN that "international relations" affected the decision to exit the US.
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- December 16 2021
Japan summer rainfall claims surpass US$400m: GIAJ
A previous estimate in September was around US$300m lower than the latest figure.
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- December 16 2021
China’s insurers ready for C-Ross roll out: Fitch webinar
The new solvency framework comes in to force in January 2022.
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- December 15 2021
Manulife appoints Carrie Tong to lead Macau operation
The new role comes in addition to her existing position as chief strategy officer for Hong Kong and Macau.
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- December 15 2021
China’s P&C market to see low single-digit growth in 2022: Moody’s
Motor pricing reform continues to affect premium growth in China.
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- December 14 2021
Alex Yip becomes Hong Kong CIB chairman
The Lockton Greater China chief executive takes over from Patrick Chan.
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- December 14 2021
FWD to raise US$1.4bn via private placement
Investors reportedly include Swiss Re as the life insurer moves planned IPO from NYSE to Hong Hong.
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- December 13 2021
China Taiping (HK) to maintain market position: AM Best
The SAR's third largest P&C player saw premiums expand in 2020 driven by motor and A&H.
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- December 13 2021
China’s insurers embrace digital to cut costs
Online competition is heating up as motor reforms, Covid-19 and a looming property crisis hit home.
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- December 10 2021
Argenta’s Lloyd’s China exit puts spotlight on costs, scale
Broker tells IAN poorer margins are squeezing some players out who can write Chinese business elsewhere.
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- December 10 2021
Korean Re’s commercial lines portfolio improves
The reinsurer is also aiming to cut its personal lines business to boost overall profitability.
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- December 9 2021
Filhet-Allard Maritime expands in Asia through Latitude Brokers
The French broker has taken a majority stake in the HK-based marine specialist.
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- December 9 2021
China Re bullish on Hong Kong P&C market
The reinsurer's CFO tells IAN the local non-life market is still at an "early" stage of development.
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- December 8 2021
Chubb appoints Hong Kong and Singapore presidents
Scott Simpson is relocating to HK from Singapore as Kevin Bogardus moves from China to the Lion City.
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- December 8 2021
AIF 2021: HKIA to target conduct, ethics
Panel of regulators promises more inspections of brokers and insurers.
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- December 8 2021
AIF 2021: Covid-19’s digital changes here to stay
Forum told that online channels can target new customer sets who traditionally haven't been offered cover.
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- December 8 2021
AIF 2021: Hong Kong is China’s dual circulation ‘gateway’
Executives from AIA, HSBC and Axa weighed in on the city's role as a risk management hub.
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- December 7 2021
AIF 2021: Carrie Lam pushes Hong Kong’s ‘essential’ GBA role
The chief executive said the government is exploring cross-border health policies and other innovative insurance products.
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- December 7 2021
FWD GI gets outlook upgrade
Fitch report says the Hong Kong P&C player plans to expand its device protection retrocession business.
