News Page 703 / 911
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- September 6 2017
HSBC Insurance appoints Hong Kong CEO
Former interim chief executive Edward Moncreiffe will oversee HSBC’s insurance and pension business in the city.
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- September 6 2017
XL Catlin strengthens Asia casualty capability
Elishe Quek and Alice Chong join as casualty underwriters from AIG to take up positions in Singapore and Hong Kong.
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- September 6 2017
Huabang Financial to acquire Israel’s Clal Insurance
The controlling stake in the Israeli insurance and financial firm is valued at approximately US$1.36b.
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- September 6 2017
Growth of non-linked life premiums drops in HK
However, linked life business enjoyed a steep increase in growth, according to the latest data from the Hong Kong Insurance Authority.
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- September 5 2017
Anbang returns to more traditional business model
The company is preparing a new array of services and products to launch after its current ban expires.
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- September 5 2017
Chubb appoints two Asia-Pacific cyber executives
Andrew Taylor in Sydney and John DePeters in Singapore take up new regional cyber underwriting roles
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- September 5 2017
Largest Philippine HMO in trouble over capital
Caritas Health Shield to raise fresh capital after allegations it has US$136m deficiency in its actuarial reserves.
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- September 4 2017
Premiums up 21% in Cambodia
Total gross premiums surged to US$68m during the first half of the year, driven by the life sector.
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- September 4 2017
Sompo to sell Lloyd’s unit
The Japanese insurer will offload Sompo Canopius to private equity firm Centerbridge Partners for ¥100b.
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- September 4 2017
Chinese premium income growth slows
Total premium income grew at 21.3% through July, compared to more than 35% in the same period last year.
