Country: East Asia Page 2 / 215
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- June 30 2025
Axa XL recruits Vincent Shiu as client relationship leader for Asia
Hong Kong-based Shiu joins the specialty carrier from Axa.
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- June 30 2025
Chubb Japan promotes Akira Hayasaka to head of claims services division
Tokyo-based Hayasaka, who was formerly head of commercial claims for the carrier, will report to CEO Edward Kopp.
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- June 27 2025
Japanese general insurers’ FY24 COR improves by 0.9 percentage points to 96%: GIAJ
Net written premium rose 4.9% to US$66.5bn while underwriting profit fell 28.6% to US$874.4m, according to a report of General Insurance Association of Japan, covering 31 member companies.
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- June 26 2025
FWD Group starts bookbuilding for US$442m Hong Kong IPO
Hong Kong-based insurer, backed by billionaire Richard Li, is set to list on the main board on July 7.
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- June 25 2025
Howden snaps up ex-BMS duo to launch Japan M&A practice
Tim Hewitt, who will head the new division, and Kaori Iwai join the global broker following BMS'exit from the country earlier this year.
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- June 25 2025
Everest Insurance launches Korea desk, led by Brian Jee
Singapore-based Jee joined Everest two years ago from Chubb as a senior underwriter.
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- June 25 2025
Tokio Marine seeks ‘geographic diversity’, eyes US P&C expansion amid global acquisition push: report
New CEO Masahiro Koike says 'if there are good opportunities, we want to grab them'.
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- June 24 2025
Hong Kong’s Nova announces senior leadership changes as MD Patrick Chan retires
Rebecca Au will take over as managing director, while Conrad Wong and Joseph Lee have been named chief commercial officers.
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- June 24 2025
Sompo names Alasdair Walker Hong Kong CEO as Li Sheung Kin set to retire
Walker will be responsible for driving Hong Kong’s profitability and capabilities as a key commercial business hub in Asia Pacific, reporting into regional insurance CEO Kenneth Reilly.
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- June 24 2025
Korean insurers to face capitalisation pressure due to falling interest rates, tighter norms: Fitch Ratings
Ongoing volatility in investment returns amid financial market uncertainty could challenge the overall stability of insurers’ profitability, according to the global rating agency.
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- June 20 2025
Aggregated losses from typhoon Wutip could reach hundreds of millions of US dollars: Aon
Particularly significant economic and insured losses are expected due to widespread flooding in southern China.
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- June 20 2025
AIG taps Liberty Specialty Markets’ Snowy Chan as marine lead in Hong Kong, Macau
Chan joins having spent almost 16 and a half years with Liberty.
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- June 20 2025
FWD Group could launch Hong Kong IPO as early as this month
Reuters report follows news that FWD Group has passed its listing hearing in Hong Kong, implying that it could commence its IPO process shortly.
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- June 18 2025
South Korean insurers’ K-ICS ratio falls below 200% for the first time, standing at 197.9%
The ratio for non-life insurers decreased by 3.4 percentage points to 207.6% at the end of March compared to 3 months earlier, while that of life insurance companies fell 12.7 percentage points to 190.7%.
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- June 17 2025
Exclusive: Zurich names Koji Okumura as senior property underwriter in Japan
Okumura earlier worked at Munich Re as an underwriter for almost 10 years, travelling between Japan and Hong Kong.
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- June 16 2025
Exclusive: Marsh Japan hires WTW veteran Hirofumi ‘Luke’ Nakamura amid exodus, talent battle
Tokyo-based Nakamura joins Marsh as a senior vice president along with several other former WTW colleagues.
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- June 16 2025
Taiwan’s non-life insurance premiums surge 10.5% in 2024, driven by motor: AM Best
Non-life insurer’s total DWP rose 10.9% to NT$271bn, while net claims fell 13.8% to NT$100.6bn.
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- June 16 2025
Marsh Japan appoints Shohei Iida as vice president for private equity, M&A services
Tokyo-based Iida was previoulsy a financial lines underwriter at Allianz Commercial and AIG.
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- June 13 2025
AIG appoints Philip Kwan as head of personal lines for Hong Kong and Macau
Hong Kong-based Kwan, who was most recently head of sales at Allianz Partners, brings almost 30 years of insurance experience to his new role.
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- June 13 2025
Japan P&I promotes Yuichi Tanaka to general manager for reinsurance, regulatory affairs
Club annnounces key personnel changes and reorganisation of its claims departments.
