Country: East Asia Page 97 / 215
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- May 10 2021
Asian Re’s loss ratio deteriorates as cat losses bite: AM Best
Underwriting results remain volatile with Asian Re's five-year average COR exceeding 125%.
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- May 7 2021
Munich Re hires Asia property treaty underwriting lead
Joachim Zagrosek has joined from Swiss Re as the reinsurer unveils positive Q1 2021 results.
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- May 5 2021
Hong Kong’s ILS push builds momentum
IAN understands the first issuance will come by the end of Q3 2021.
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- May 4 2021
Tencent-backed insurtech Waterdrop ups US IPO target to US$360m
The firm is confident it can capture China's underserved health insurance market.
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- May 3 2021
South Korea’s insurers feel the Covid pinch overseas
Non-life operations in China, Indonesia and Vietnam the main international focus of local players.
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- May 3 2021
Hong Kong broker Convoy to be delisted
The move takes place on May 4 after a series of governance issues at the firm.
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- April 30 2021
Allianz-backed WeLab eyes IPO: report
The Hong Kong headquartered digital bank and insurtech could be valued at US$1.5-2bn.
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- April 29 2021
Mitsui Sumitomo outlook revised to stable: Fitch
P&C giant's combined ratio improves to 93% based on better pricing and lower claim costs.
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- April 27 2021
Tugu Insurance Hong Kong appoints new CEO
Kenny Pang has over 30 years of experience including at AIG and Dah Sing Insurance.
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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.
