Insurance CEOs voice confidence that business will grow over the next 3 years

...China, France, Germany, India, Italy, Japan, Spain, UK and US) and 11 key industry sectors, including insurance. The best-represented countries based on organisational headq...

Asia Pacific: Allianz maintains momentum with double-digit growth in first 3 quarters

...China, India, Indonesia, Laos, Malaysia, Philippines, Singapore, Sri Lanka, Taiwan, and Thailand....

Higher vehicle sales drive up new-energy vehicle insurance premiums

...China Passenger Car Association, in the first nine months of this year, the production and sales of new energy vehicles reached 8.316m and 8.32m respectively, up by 31.7% and 32.5% year-on-year respe...

UAE: Study attributes UAE's high vitality levels to its whole-person health approach

...China, Singapore, and Hong Kong....

Online broking platform co eyes secondary listing in HK

...China, is looking at opportunities to list in Hong Kong within the next two years....

People on the move

...China, Hong Kong and Taiwan, from 2021. He worked previously as general manager, non-life for the company, in Johannesburg, South Africa.   Mr Tonat started his caree...

People on the move

...China, many of whose business interests are increasingly focused on the region. ...

East Asian insurers continue to collaborate

...China, Hong Kong and Singapore were firm supporters of the UNPSI, and time will tell if Asia can meet the challenge....

Reinsurers can benefit from catastrophe modelling and risk transfer

...;China, a key market in our portfolio, bore the brunt of the economic impact, incurring $32bn in damages. These figures underscore the persistent threat of flooding in the APAC reg...

Building confidence in Asian markets through reinsurance

...China, India, Iran, Philippines, South Korea, Sri Lanka and Thailand. Headquartered in Thailand, the company has a strong presence in the APAC region.   APAC reinsure...

Indonesia: Igloo ventures into D2C market

...China and India. It has partnered with over 75 well-known brand names across the markets in various verticals, including insurance, telecommunications, e-commerce, hospitality, healthTech, and financ...

Winners of the Hong Kong Insurance Awards 2024 unveiled

Independent wholesale insurance broker established in Shanghai

...China. This relationship aims to bring significant volumes of new overseas insurance business into the China market which, it is hoped, will be traded in the Shanghai International Reinsurance Centre...

US-listed Chinese online insurance broking co rebrands to carve out new paths

...China by setting up new offices in Singapore, Vietnam, Europe, the US, and Hong Kong....

South Korea: Starr opens branch in Seoul

...China, Hong Kong, Malta, Singapore, Switzerland and the UK....

China: XL Re China adopts new name "AXA International Re"

...China....

Singapore: 15% of high-income retirees taken aback by retirement expense levels

...China, Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, and Vietnam. The majority of respondents were drawn from middle to high-income backgrounds, with some representation from lower-inco...

China: Authorities nab another New China Insurance ex-chairman for corruption

...China. He served as the president of New China Asset Management Co, a subsidiary of New China, starting in 2010. In August 2019, he was promoted to be the CEO and president of New China. In September...

Cheche links arms with China unit of Tokio Marine

...China is underscored as well."...

Regional reinsurance brokers reinventing game plan

...China, hence business is growing,” he said.    M&A on the rise in the region M&A...

People on the move

...China: Prudential appoints new regional CEO Prudential has appointed Ms Angel Ng as regional CEO, Greater China, customer and wealth. She will also join...

AI empowering actuaries to drive change

...China, where AI is used to gather enough information about someone’s health in just a few minutes. This could significantly streamline what is currently a lengthy, time-consuming, expensive, an...

Hong Kong: Insurance regulatory action enhances GBA connectivity

...China visitors by combating the unlicensed cross-boundary selling of insurance products is one of the ways in which Hong Kong’s Insurance Authority (IA) is ensuring smooth connectivity and busi...

Listed online insurance platform company sets sights on 2 new Asean markets

...China) market for Huize which completed the acquisition of a...

Asia Pacific: Opportunity knocks for insurers in family office boom

...China, Singapore, and international high net worth, at Sun Life, says that “there is a need...

China: Life insurance practitioners gather in Shanghai

...China Day," co-hosted by the Million Dollar Roundtable and the Chamber of International Commerce Shanghai, brought together experts and industry veterans to discuss topics such as financial and...

Listed InsurTech wins tender to provide TPA services to PICC Group

...Nasdaq-listed Zhibao Technology, engaged primarily in providing digital insurance brokerage services through its operating entities in China, has won a tender to provide high-end medical third party administration (TPA) services to the People's Insurance Company of China (PICC Group), one of the largest insurance groups in the country....

Allianz Asia-Pacific reports 5% rise in operating profit in 1H2024

...China, India, Indonesia, Laos, Malaysia, Philippines, Singapore, Sri Lanka, Taiwan, and Thailand....

Cyber attacks on Hong Kong regulator, insurers and agencies

...China CEO Patrick Zeng said. According to the Allianz Risk Barometer: Identifying the major business risks for 2024, cyber incidents in Hong Kong rose two spots year-on-year to rank second among top...

China gets a new reinsurer

...China’s National Financial Regulatory Administration to open a branch in Beijing. This makes it the 15th reinsurer to be operating in China.   The reinsurer sta...

Life insurance: Promising and positive performance

...China have played a major role in this story. HSBC Life Hong Kong’s Ms Daisy Tsang t...

IT outage may impact APAC insurers hard

...China either saw no impact or only minimal impact in installations, especially in the local offices of foreign enterprises or their mainland joint ventures.   China r...

Hong Kong's RBC regime signals a new era

...China to buy long-term insurance policies with savings and investment elements”.   In June 2024, the regulator issued a new guideline on the establishment and m...

Asia: Prudential reports 1H new business profit of nearly US1.5bn

Cheche Group forms strategic partnership with Dongfeng Motor Group's insurance unit

...China, Dongfeng Motor Group develops and brings brands to market like Fengdu, Aeolus, Forthing, VOYAH, M Hero, and NAMMI, while also marketing foreign-branded vehicles, such as Dongfeng Honda, Dongfe...

Regional InsurTech enters the Philippines

...China and India....

Going Global: Huize's Strategic Revenue Diversification

...Dive into Huize Holding's global expansion strategy to diversify revenue streams, with insights from Ron Tam, co-CFO and head of international business at Huize. As the leading digital insurance platform catering especially to China's new generation, the Nasdaq-listed firm is making bold moves into new markets. Uncover the motivations behind their expansion, the strategies they're employing to enter these regions, and see how local partnerships and AI are pivotal to their mission....

Asia Pacific: Zurich shows strong financial performance in 1H in the region

...China, Hong Kong, India, Indonesia, Japan, Malaysia and Singapore....

Regulator gives nod to Anbang Group and Anbang P&C to start bankruptcy proceedings

...China. The Chinese authorities took over control of Anbang in February 2018, to reduce risks in the financial sector. Anbang had been selling...

Greater China: Prudential appoints new regional CEO

...Prudential has appointed Ms Angel Ng as regional CEO, Greater China, customer and wealth. She will join the Group executive committee effective 1 October 2024....

Vietnam: FWD Group partners Junior Achievement to expand financial literacy programme

...China, The Hon Mr John KC Lee, GBM, SBS, PDSM, PMSM and organised by the Hong Kong Trade Development Council. FWD Group Chairman of the Board of Directors, Professor Frederick Ma, GBS, JP, joined the...

People on the move

...China.   Mr Ko has 28 years of experience in insurance and broking. He has worked with WTW China, and most recently served AJG China as CEO....

Insuring new energy vehicles in China can be sustainable

...China but several factors are pushing up NEV insurers’ combined ratio beyond 100%. Cheche group’s M...

Hong Kong: FTLife renamed to CTF Life

...China’s membership programme), thereby extending its reach to benefit an even broader membership base in Hong Kong and mainland China....

Intermediary role in insuring NEVs in China

...The rapid development of new energy vehicle (NEV) insurance in China brings in new requirements for the country's motor insurance brokers. The traditional motor insurance brokerage model, which relies solely on providing basic intermediary services, has become insufficient to meet market demands. Facing this challenge, motor insurance brokers need to undergo self-innovation and actively involve in digital transformation....

China Pacific Insurance group forms partnership bridging gap between insurance and cryptocurrency

...China Pacific Insurance Group launched the two Pacific Waterdrip Digital Asset Funds in partnership with Waterdrip Capital, an investment institution focusing on the blockchain industry....

Dajia Group places pension insurance unit on the block

...China. It was the insurer’s first solvency report to be released since it last filed one in April 2017. Daji...

MAPFRE RE becomes 15th reinsurer in China

...China’s insurance market back in the early 80’s. During the last 40 years, MAPFRE RE has been steadily increasing its commitment to the market and has established a solid business foundat...

Hong Kong: Sun Life debuts elite service ecosystem for HNW clients

...China through the eSunPro healthcare platform.  It aligns with the Hong Kong SAR government’s introduction of...

People on the move