Country: Hong Kong Page 2 / 64
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- March 27 2025
China Pacific Insurance’s P&C underwriting profit falls 35.5% to US$372m in FY24
Underwriting COR deteriorated by 0.9 percentage points to 98.6% due to a loss ratio that worsened to 70.8%.
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- March 25 2025
Taiping Re’s FY24 service results double to US$75m, COR improves to 92.7%
Hong Kong-based reinsurer’s total premium for the last financial year decreased by 5.1% to US$2bn.
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- March 25 2025
Ready for kick off: insurers eye their time in the spotlight as Hong Kong’s Kai Tak opens its doors
As city gears up for rugby Sevens and Coldplay at its new venue, event insurance in Asia Pacific could finally be on the cusp of reaching pre-Covid levels.
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- March 24 2025
WTW taps Ryan Transactional Risk’s Reuben Lee as associate director for broking, regional M&A
Lee had joined as senior underwriter in October following Ryan's acquisition of Transact Risk Partners.
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- March 24 2025
Hong Kong’s FuSure secures long-term insurance authorisation, upgrades to composite licence
Tencent-owned insurer plans to expand into diversified product lines and explore other international markets.
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- March 20 2025
Marsh names Brandon Lam as vice president for claims advocacy in Hong Kong
Prior to joining the broker, he worked at Zurich and QBE, holding several claims positions across different lines.
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- March 20 2025
Exclusive: Flora Fong to rejoin Marsh after short Howden stint
Hong Kong-based Fong had joined Howden last July having worked at Marsh for over 14 years.
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- March 19 2025
‘Narrower, deeper’: US specialty insurer not resting on its laurels with energy, marine, specialty plans for Asia
The Hartford opened its third operation in Asia earlier this year, with Hartford Underwriting Agency CEO Carl Bach telling InsuranceAsia News that it also has one eye on adding cyber to its offering in the region.
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- March 18 2025
Howden Private Wealth bolsters APAC team with double leadership promotion
The high net-worth insurance broker has elevated Bryan Pee to Singapore and Malaysia CEO, while Shirley Sy has been named Hong Kong deputy CEO.
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- March 14 2025
MSIG expands Hong Kong, Singapore political risk and trade credit lines with US tie-up
Partnership will help carrier capitalise on growing demand for specialised cover in the region, leveraging US-based underwriting expertise alongside strong local presence and market knowledge.
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- March 12 2025
Exclusive: Generali GC&C’s Asia head of casualty underwriting departs
Wendy Law leaves carrier after more than three years, IAN can reveal.
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- March 12 2025
HDI Global hires Ted Chen as senior risk engineer in Hong Kong
With over 25 years of experience, Chen specialies in fire protection systems engineering and risk management, with a focus on the semiconductor field.
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- March 10 2025
Lights, camera, action: specialist MGA seeks to punch above its weight, prove good things come in small packages
Film and event specialist Circles Group, which has offices in Hong Kong and Singapore, plans to grow further into China, South Korea and Singapore.
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- February 27 2025
Hong Kong’s Nova Insurance H1 FY25 revenue up 8.3% to US$8.1m
Broker expects to record 'very substantial growth' in H2, as revenue from the purchase of Beijing Nova Insurance Services will be counted.
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- February 27 2025
Exclusive: Circles Group hands Julie Quach, Kenneth Tan expanded roles as Asia co-regional directors
Quach is in the process of being appointed Hong Kong responsible officer, while Tan has assumed the role of responsible officer for Singapore.
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- February 27 2025
First for APAC as Canopius backs Qubit on digital asset offering
The Hong Kong-based crypto specialist MGA has been approved as a Lloyd's coverholder to distribute digital assets insurance in Asia Pacific.
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- February 26 2025
Insurance Authority welcomes ILS pilot grant scheme extension in Hong Kong budget
Government extends scheme for insurance-linked securities (ILS) for three years, following 'favourable' response, Financial Secretary Paul Chan says.
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- February 24 2025
Sompo reshuffles APAC commercial lines team in Singapore, Hong Kong
Kelly Koh, Victoria Soo and Szeto Ophelia will be 'instrumental in driving their respective lines of business across the region', according to the carrier.
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- February 17 2025
Increasing costs, reduced profitability main challenge for SMEs in Hong Kong and Singapore: QBE
In Hong Kong, staff acquisition and retention and labour shortage is the second biggest concern for 50% of SMEs, while in Singapore, 56% of respondents are worried about sales growth and reduced customer spending.
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- February 12 2025
BDIC unveils crypto insurance platform as it readies for Asia launch
The crypto insurer will roll out first in key Asian markets, including Hong Kong, Singapore, Japan, Taiwan, and South Korea and targets Southeast Asian markets by Q4.
