Country: Hong Kong Page 41 / 74
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- July 1 2021
CMI sees growth in marine, property and liability lines
The P&C player's accident segment was the only line to record lower GWP last year.
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- June 30 2021
AIA bets big on red with China Post Life stake
The Hong Kong firm became China’s only wholly foreign owned life insurer last year.
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- June 29 2021
Peak Re hires from Swiss Re for senior VP Europe role
Karlheinz Render will start on August 1 and be based in Zurich.
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- June 25 2021
PICC Hong Kong to continue reinsurance dependence
AM Best report notes the insurer's inward reinsurance premium was around US$155m in 2020 -- an increase of 11.7% over the previous year.
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- June 24 2021
Zurich handed Hong Kong life licence
The new structure is overseen by chief executive Geoffrey Au.
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- June 22 2021
China Re’s Hong Kong unit ‘strategic’ to wider group
AM Best upgrade comes after a US$258m capital injection from China Re Life.
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- June 17 2021
FWD files IPO registration in US
Report suggests the Hong Kong-headquartered insurer could raise up to US$3bn by end of 2021.
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- June 15 2021
Lloyd’s HK representative to take on Asia markets role—sources
IAN understands that Thomas Haddrill is set to start his new role in Singapore on July 1.
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- June 10 2021
Munich Re promotes William Man to HK, Taiwan life general manager
The chief actuary will combine his previous role with underwriting and business development.
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- June 10 2021
CPIC close to setting-up Hong Kong life arm—sources
IAN understands Simon Lam has joined from Munich Re to aid the launch.
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- June 9 2021
Aon FSPG director to leave Hong Kong business—sources
IAN understands from several senior market sources that Ling Yu has handed in her resignation.
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- June 9 2021
HK’s Sart Underwriting rebrands as specialty players eye Asia growth
The MGA and Lloyd's coverholder has this week rebranded as Hawkes Bay Underwriting.
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- June 8 2021
Asia fine art rates stable amid ‘flurry’ of activity
Regional collectors are looking beyond the traditional Lloyd’s market for cover.
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- June 3 2021
Crawford poaches Chubb exec to lead Hong Kong team
The Singapore-based industry veteran will relocate to the SAR soon.
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- June 3 2021
HKIA’s ‘pandemic passport’ not enough for normality
Relaxed quarantine requirements for insurance execs are now in place.
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- June 2 2021
Hong Kong start-up FuSure Re eyes China health market
Another reinsurer backed by a mainland powerhouse has set up shop in the SAR.
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- June 1 2021
Tencent-backed venture receives HK reinsurance licence–report
FuSure Reinsurance has applied to reinsure 17 non-life lines including railway rolling stock, aircraft and ship liability.
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- June 1 2021
Hong Kong’s non-life underwriting profit up 55.6% in Q1
Regulator data shows GWP for non-life insurance remained flat at US$2.36bn.
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- May 31 2021
HKIA suspends broker’s license for regulatory breach
The regulator also issues fines for failing to submit audited financial documents.
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- May 28 2021
HKIA extends temporary facilitative measures to September 30
The exemption allows for the distribution of certain products via digital channels, telemarketing, post or video conferencing.
