Country: Hong Kong Page 5 / 65
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- November 12 2024
Howden expands in Hong Kong with Storfield acquisition
The SAR-based broker has a specialist focus on bloodstock, fine art, luxury vehicle and yacht insurance.
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- October 31 2024
Qubit takes Fusion’s Damian Lynch as digital asset insurance CUO
Sydney-based Lynch will reporting to the specialist MGA's CEO Helen Ye and will be responsible for leading the firm's underwriting strategy in the digital asset space.
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- October 29 2024
Ernest Leung to replace Sucheng Chang as Aon Hong Kong head
Chang, who has been in the role since August 2022, is expected to leave the broker next month, IAN understands.
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- October 24 2024
QBE partners Eos Rhea Metis to offer risk engineering services in greater China, South-East Asia
The partnership with the Taiwanese risk manager will support engineering and property underwriting, enhanced risk assessment processes and wider market access.
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- October 24 2024
Howden names Wendy Wong as executive director for Workplace Unity in Hong Kong
Wong will focus on developing healthcare services for injured employees in employees’ compensation cases, aiming to reduce sick leave periods and claim costs.
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- October 18 2024
Dah Sing Insurance rebalancing its underwriting portfolio to improve performance: AM Best
The rating agency has affirmed A- (excellent) rating for the insurer with a stable outlook driven by a very strong balance sheet, adequate operating performance and parental support from Dah Sing Financial Holdings.
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- October 16 2024
Hong Kong to foster marine insurance amid effort to consolidate global risk management centre status
The SAR government will encourage leading marine insurers to establish presence in the city and develop marine insurance talents, chief executive John Lee says in policy address.
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- October 7 2024
Carriers hop back on crypto bandwagon as local regulations, attractive rates beckon
While more (re)insurance providers have entered the market, the industry needs to guard against loose underwriting and opportunistic capacity.
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- October 7 2024
Hartford Asia powers up financial lines underwriting with Melanie Ho hire
Based in Hong Kong, Ho joined from Chubb where she began her insurance career in 2021 as an assistant underwriter.
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- October 2 2024
Reinsurers’ risk insights, modelling vital to taming escalating nat cat losses: Swiss Re
Besides providing capacity, the reinsurer's expertise and insights on risks related to climate change and renewable energy are key to its collaboration with insurers in limiting nat cat losses, says Victor Kuk.
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- October 1 2024
Analytics: Hong Kong premium growth and claim frequency are converging to normal level: HKIA
According to 2023 data from the regulator, the SAR's general insurance business reported the worst overall loss ratio in five years at 62.8%, while COR sank to a near five-year low after an 8.3 percentage point deterioration year-on-year.
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- September 27 2024
Insurers need to attract APAC’s diverse talent pool to innovate and grow: HSBC’s Tsang
HSBC Life’s Hong Kong CEO Daisy Tsang tells InsuranceAsia News how different initiatives can help regional businesses attract, educate and retain top talent, especially amongst younger employees.
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- September 26 2024
Axa XL appoints Priscilla Yeung as property underwriter in Hong Kong
Yeung joins the specialty (re)insurer from Allied World, where she was a senior underwriter.
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- September 26 2024
West P&I promotes Cai Xuanlun to CEO for Hong Kong office
Cai replaces Robert Macnamara, who was the chief executive for the IG P&I Club in the city for 28 years, and will start in the role in December this year.
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- September 26 2024
Gen AI, digital infrastructure foundational to enhancing customer experience: FWD
The Hong Kong insurance group's chief digital officer Ryan Kim shares how AI and technology can benefit insurers’ operations and distribution processes.
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- September 25 2024
Hong Kong’s connectivity with GBA has reinforced its role as a global risk management centre, IA’s Clement Cheung
The SAR is well-placed to be a hub for captives, especially by mainland enterprises to holistically monitor their overseas project risks and scale up their intra-group risk management capacity, says the regulator’s CEO.
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- September 25 2024
Strategic initiatives, policy reforms crucial to encourage female participation
Gen Re’s Orchis Li sees gender equality as key market driver as the reinsurer’s GM gives her perspective on female leadership and representation in the Hong Kong market.
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- September 25 2024
Hong Kong RBC framework enhances insurers’ enterprise risk management: AM Best
The risk-based capital regime also introduces disclosure requirements that will improve transparency and comparability among insurers in Hong Kong, the rating agency said.
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- September 24 2024
Policy support and RBC to help insurers tackle emerging challenges: Michael Wong
The government has introduced policies and a new capital regime to help the sector tackle these challenges, said acting financial secretary Michael Wong inaugurating EAIC 2024.
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- September 20 2024
Taiping Re’s capitalisation to remain at strongest level: AM Best
The rating agency has affirmed its “A” (excellent) financial strength rating on Taiping Re (Hong Kong) and its wholly-owned subsidiary, Taiping Reinsurance (China) with a "stable" outlook.
