Country: Hong Kong Page 5 / 62
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- June 6 2024
WTW appoints Alexandra Low as head of trade credit for Hong Kong
Low will report to Lee Garvey, head of financial solutions, Asia Pacific, and Iris Chan, head of corporate risk and broking for Hong Kong and Macau.
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- June 5 2024
AIG elevates Ivan Ho to head of casualty, Hong Kong and Macau
Singapore-based Ho has been the carrier's environmental underwriting lead for Asia Pacific since June 2021.
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- June 4 2024
Chubb Hong Kong hires Starr’s Catherine Wong as head of casualty
With over 25 years of experience in commercial casualty, Wong was most recently Starr's APAC head of casualty since April 2023.
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- May 31 2024
Hong Kong 2024 Q1 P&C underwriting profit doubles to US$132m
The improvement came despite the sector’s total gross claims rising 12.1% as insurers in the city benefited from the release of prior-year reserves, the Hong Kong Insurance Authority said.
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- May 31 2024
Blackpanda senior duo leave to launch loss adjusting venture
Hong Kong-based chief revenue officer Timothée Grange and loss adjusting VP Moying Chap are leaving the MGA at the end of this month.
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- May 30 2024
MSIG HK’s underwriting to stay profitable over next two years: S&P Global
S&P has affirmed its "A+" rating on the insurer with a stable outlook, as the carrier will preserve profitability through its stable Japan-related business.
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- May 27 2024
Tropical cyclone landfalls in East Asia set to be above-normal: Guy Carpenter
The western North Pacific region will likely see 19 to 21 tropical cyclone formations this year, which is near-normal activity, according to the reinsurance broker.
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- May 24 2024
HKIA appoints new executive directors for GI and long-term business
Lee Moung-mo will have oversight of general business, while Marty Lui will take charge of long-term business.
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- May 23 2024
Generali Hong Kong launches fine art insurance for private collectors
The insurer's art insurance solutions division, ARTE Generali, plans to extend the offering in Hong Kong to corporate collections, museums and exhibitions later this year.
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- May 10 2024
Analytics: Singapore (re)insurance market extends lead as Hong Kong hit by lacklustre UW results
While overall GWP growth in both cities were similar, the Lion City's primary insurers saw significant growth in 2023 compared with peers in the SAR, data from the cities’ regulators show.
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- May 6 2024
Zurich Hong Kong appoints Chen Wai Khong as head of property
Chen will relocate to the SAR from Kuala Lumpur, where he was regional property underwriter for Allianz.
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- May 6 2024
Asian insurance pricing moderates across lines but Japan, Taiwan, Philippines buck the trend: Marsh
Japan was the only Asian country that saw price increases in all lines of business, other cat-exposed markets like Taiwan, Philippines and Indonesia saw strong hikes in property classes but saw varying trends in other lines.
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- May 6 2024
World Bank debuts US$150m Jamaica hurricane cat bond in Hong Kong
The second World Bank bond to list in Hong Kong will offer cover to the Caribbean island state against tropical cyclone events for the next four hurricane seasons up to 2027 and will have a parametric trigger.
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- May 6 2024
Local expertise and investors key to Hong Kong’s cat bond hub ambitions
Rising climate risks in the greater China region highlight Hong Kong's potential as an ILS hub, but an informed pool of investors and professional services ecosystems are important to grow the market further.
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- May 6 2024
Torrential rain grounds air traffic, floods carparks in Guangdong, Hong Kong
Torrential rains brought localised floodings, inundated carparks in Hong Kong, and delayed flights in the Guangdong province, hitting a surge of weekend travellers who visited China coastal cities during the long May-day holiday.
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- May 2 2024
Peak Re reports best-ever net profit of US$200m in FY 2023, COR down to 87.3%
The Hong Kong carrier's reinsurance revenue saw a 14.6% year-on-year decline in FY 2023 at US$1.56 billion.
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- April 30 2024
Dual launches title insurance for real estate, M&A deals in select APAC markets
The MGA's new offering will focus on commercial property deals in Australia, New Zealand, Hong Kong, Singapore and M&A transactions will also extend to Japan and South Korea.
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- April 30 2024
Exclusive: Mark Johnson set to take charge as Starr Hong Kong CEO
The former Howden Hong Kong chief executive will start at the insurer from early May, IAN understands.
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- April 29 2024
HKIA extends transitional period for RBC reporting to 3 years
The regulator has extended the transitional period by a year following industry's feedback for more time to get familiar with the new reporting requirements under the risk-based capital regime.
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- April 25 2024
Towngas Lifestyle and FSE Nova expand broking business in China, Hong Kong
The two companies will invest more resources and capabilities to provide insurance broker services to 42 million household customers in the mainland and the SAR.
