Country: Hong Kong Page 23 / 62
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- March 16 2022
PSC in talks to acquire Hong Kong specialty broker: sources
The Australian group already owns three brokers in the territory.
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- March 16 2022
Standard Club and North P&I merger talks piques interest in Asia
The two P&I giants have already started reaching out to members and brokers.
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- March 16 2022
Claims dent profits at HK insurers
Axa retained its crown as the city’s biggest general insurer, but the market saw profits fall 19%.
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- March 16 2022
Evergreen container ship runs aground, insured loss remains unknown
One year after a sister ship was stuck in the Suez Canal, the Ever Forward is stranded near Maryland.
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- March 15 2022
Senior China official calls for insurers to issue ILS in HK: report
Samuel Yung suggests the SAR and GBA develop a climate and disaster data sharing framework.
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- March 15 2022
Markel targets US$100m GWP in Asia
Simon Wilson, president of the firm's international arm, has articulated future plans.
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- March 14 2022
Swiss Re Corporate Solutions appoints Greater China CEO
An experienced AIG exec will take on the role in April from Shanghai.
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- March 14 2022
GWP jumps 2.6% for Hong Kong’s GI sector: HKIA
Premiums for the industry as a whole decreased by 0.9% due to performance of long-term business.
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- March 11 2022
HKIA urges market to review plans ahead of Covid testing
The capacity and integrity of IT systems must be critically evaluated, says the regulator.
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- March 10 2022
Hong Kong GI GWP to reach US$10.1bn in 2026: GlobalData
Market projected to grow 6.6% annually, as demand ticks up for liability cover such as cyber and D&O.
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- March 10 2022
Electric car insurance: profitability concerns persist
As a new dawn greets Asia’s motor industry, a dearth of data presents underwriting challenges.
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- March 8 2022
MGA Fusion bolsters M&A with Singapore, Sydney and HK hires
Danielle Eliatamby, Lillian Chau and Sabrina Chia all have law firm backgrounds.
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- March 8 2022
PICC Hong Kong gains Macau licence approval
The move comes close on the heels of Lockton's decision to set up in the enclave.
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- March 8 2022
Howden M&A hires from Marsh in Singapore, relocates W&I exec to HK
The APAC moves come amid surging demand for M&A policies and growth in regional deals.
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- March 7 2022
AIA and BEA form GI partnership off back of Blue Cross sale
AIA will provide insurance solutions, including health insurance, to BEA’s customers in Hong Kong.
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- March 1 2022
FWD posts strong results ahead of IPO
The insurer's value of new business reached US$686m as it submits IPO filing.
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- February 25 2022
HKIA reports 13% increase in complaints against insurers
Majority of cases (28%) were for misconduct.
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- February 24 2022
Tugu Hong Kong CEO departs
Kenny Pang had joined the P&C player last year.
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- February 24 2022
Target “entirely disagrees” with HKIA over Ordinance breach
The taxi insurer has sought legal advice and plans to take appropriate action.
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- February 23 2022
Hong Kong SMEs under-protected in key risk areas: QBE
Only 17% of SMEs have insurance for inventory loss, product or service liability and equipment breakdown loss.
