Country: Hong Kong Page 14 / 62
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- May 4 2023
Berkley promotes Esther Kwok to Greater China commercial lines head
Hong Kong-based Kwok will lead both financial and casualty lines in her new role.
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- May 3 2023
Peak Re COR at 101.4% as it reports first-ever net loss
The Hong Kong-based reinsurer's GWP grew 7% to US$2.3bn in FY 2022, but it posted a net loss of US$81m.
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- May 3 2023
Zurich promotes Alexandra Wrobel to head of cyber for commercial insurance Asia
Wrobel was most recently the head of casualty, commercial insurance Hong Kong.
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- May 1 2023
16 Hong Kong insurers launch GBA cross-border motor cover
Vehicles from the SAR travelling to Guangdong via the Hong Kong-Zhuhai-Macau Bridge are eligible from July 1 to buy unilateral recognition policy.
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- April 27 2023
MGAs see ‘flight to quality’ in Asia amidst market hardening
Following the 1.1 renewals, sourcing capacity is becoming harder but niche players may still have an edge.
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- April 25 2023
Catherine Wong joins Starr as CUO, APAC casualty
Wong left her role as AIG's head of casualty for Hong Kong and Macau in November 2022 after serving the company for 20 years.
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- April 19 2023
Lloyd’s eyes regional opportunities through Hong Kong
The platform's regional director Iain Ferguson identified reinsurance capacity, captives and more local placement as areas for the market to focus on.
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- April 18 2023
Allianz Trade expands Asia excess of loss business
The global trade credit insurer will add new headcount in Singapore, Hong Kong, Australia, Japan and Malaysia.
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- April 18 2023
Analytics: Singapore and Hong Kong see underwriting profit, GWP bounce back
While faster premium growth saw the Lion City extend its lead over the regional rival, the SAR insurers' underwriting profits more than doubled in 2022.
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- April 17 2023
HKFI seeks easier re-domiciliation and improved positioning to attract global majors
Policy recommendations have been submitted by the Hong Kong Federation of Insurers to the Financial Services and Treasury Bureau and the Insurance Authority.
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- April 12 2023
Asian SMEs warm up to cyber cover after digital boom
The changing economy is seeing more business being handled online meaning threats are growing, but risk data is still lacking.
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- April 11 2023
Gallagher appoints Ralph Sherbahn as Asia financial lines leader
Sherbahn, who joins from Zurich, is based in Hong Kong and reports to North Asia CEO Thomas Wang.
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- April 11 2023
AM Best upgrades CMB Wing Lung Insurance over CMI deal closure
The Hong Kong carrier to maintain a robust level of risk-adjusted capitalisation over the short to intermediate term.
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- April 6 2023
AIG confirms Sally Cheung as Hong Kong head of casualty
IAN first revealed the appointment of the former Berkley Insurance Asia head of casualty in January.
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- April 4 2023
Oneglobal promotes David Lum to Asia chairman, Sirikit Oh to Asia CEO
Lum was most recently the specialty broker's Singapore chairman, with Oh as Singapore chief executive. The appointments come amid a wider leadership shake-up.
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- April 4 2023
Target Insurance withdraws review plea against Insurance Authority
The Hong Kong insurer, which has been ordered by the High Court to be wound up, has agreed to pay the regulator's costs of the tribunal proceedings.
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- April 3 2023
QBE Asia names regional manager for claims operational governance
Kuala Lumpur-based Kamiseah Earnewati Wasli has been promoted to the role while Ken Siu to claims technical head for Asia.
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- March 31 2023
Swedish Club hires Thorbjorn Emanuelsson as director underwriting for Hong Kong
The appointment of Emanuelsson, who joins the P&I club from Gard, follows the recent promotion of Lars A Malm to managing director of the SAR office.
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- March 30 2023
Peak Re fell to a US$79.8m loss in FY 2022
The Hong Kong-headquartered reinsurer reported GWP of US$2.295bn up from US$2.145bn in FY 2021.
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- March 30 2023
IA imposes penalty on Hong Kong broker over lapses
Convoy Financial Services failed to keep separate client accounts and maintain proper books and records.