Country: Hong Kong Page 19 / 62
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- September 19 2022
Chenwei Li to head Peak Re’s structured solutions
He will also co-head the life and health business and report to chief executive Franz Josef Hahn.
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- September 16 2022
Why Fosun’s divestment plan may exclude Peak Re
Non-core divestitures are unlikely to change the controlling interest of core insurance units like the Hong Kong reinsurer and Fosun Insurance Portugal.
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- September 14 2022
Lloyd’s crypto coverholder Evertas enters Hong Kong and Australia
The Chicago-based company uses capacity from Arch Insurance to offer cover against theft or loss of blockchain assets.
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- September 14 2022
FWD refiles for Hong Kong IPO
Stock exchange filing revealed that H1 new business reached US$405m, up 25% year-on-year.
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- September 13 2022
Allianz Trade promotes two execs to APAC roles
Malgorzata Cybulska-Dusson joins as regional head of claims & collection and Amol Zambre as regional head of information & grading.
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- September 8 2022
FWD postpones Hong Kong IPO until 2023: report
It is understood that the long-awaited fundraising has been suspended yet again.
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- September 7 2022
Atele Toma to lead Allied World’s APAC A&H underwriting
Former Arch underwriter will oversee the business across Singapore, Hong Kong and Australia.
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- September 7 2022
Milliman appoints Ouling Lu as regional head for product propositions
The former Allianz exec will be in charge of South-East Asia, India and Hong Kong for life products.
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- September 6 2022
Revenues at Hong Kong’s Nova grew 16% in FY 2022
The broker reached a HK$100m revenue milestone due to a number of 'sizeable' construction projects.
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- September 1 2022
Exclusive: AMTD Digital’s claims of Singapore insurer license bid unfounded
IAN understands that contrary to AMTD's US regulatory filing the Singapore regulator hasn't received any formal application from the proposed composite Applaud.
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- September 1 2022
Hong Kong’s H1 GI underwriting profits rocket 134%
Reinsurance underwriting profit climbed from US$4.7m in H1 2021 to US$98.6m.
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- August 31 2022
Insurers still see Hong Kong as China gateway
The city remains an attractive base for insurers from the mainland and those looking to access it.
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- August 30 2022
Moody’s downgrades Peak Re; changes outlook to negative
The rating action is a result of contagion risks to the carrier from parent Fosun's weakened credit profile.
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- August 30 2022
AIA’s Bonnie Tse takes charge as Blue Cross CEO
The appointment follows the completion of the carrier's acquisition of Blue Cross and Blue Care.
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- August 30 2022
China Taiping’s domestic P&C arm sees H1 COR improve to 98.8%
Taiping Re's P&C division fell to an underwriting loss of US$21m.
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- August 24 2022
PSC agrees US$5.4m Hong Kong broker deal; posts 30% EBITDA growth
Underlying revenue in FY 2022 grew 22.8% to US$175.4m including 13% of organic growth.
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- August 22 2022
‘We don’t eat more than we can stomach’: Peak Re’s Franz Josef Hahn
The reinsurer is retaining reserves into this year and has ‘solid retrocession protection’ to tide over rising nat cat losses.
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- August 17 2022
Beazley bullish on Asia specialty lines
APAC head Lucien Mounier says the (re)insurer is targeting growth in life sciences, product recall, M&A, financial lines and cyber.
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- August 16 2022
QBE Hong Kong appoints Andex Fung as head of retail, SME underwriting
Former AGCS underwriter will liaise with brokers, agents and strategic partners.
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- August 16 2022
Companies scramble for talent as market rebounds
Asia growth plans on hold as roles in financial lines, energy and construction hard to fill.
