People on the move

How insurance can contribute to sustainability

...China, Laos, the Philippines and Vietnam have developed, or are developing, hydropower initiatives.   However, Mr O’Neill said, such initiatives also cause &ldq...

Singlife looks to reach beyond Singapore

...China, offer avenues for knowledge exchange and best practice sharing.   Ms Phau said that potential areas of collaboration could include in digitalisation - explorin...

Motor InsurTech collaborates with automakers' insurance broking units

...China, producing and selling vehicles through its own brands as well as foreign-branded joint ventures. These brands include ARCFOX, Beijing Automotive, Beijing Hyundai, Beijing Benz and Beijing Off-...

Hong Kong: Oneglobal Broking appoints new executive director

...China, and most recently served AJG China as CEO....

Fanhua forms strategic partnership with Baidu AI Cloud to create digital assistants for insurance agents

...China, Fanhua brings a wealth of insurance expertise and extensive experiences to both insurance business operations and digitalisation and intelligence development, providing a solid foundation for...

Thailand: General insurers form group to study EV insurance

...China-manufactured EVs. He adds that the insurance industry can see that the EV trend will rise more and more. In addition, EV manufacturers are beginning to set up production bases in Thailand. &ldq...

9th Asia Trusted Life Agents & Advisers Awards finalists revealed

...China (Beijing Branch)...

People on the move

...China, MENA, Africa, cyber. He has been chief executive of Australasia, Japan, Korea and South-East Asia since 2023. Mr Eckl was responsible for establishing Munich Re’s regional centre for P&a...

China's motor insurance woes

...China’s insurers have seen growth in motor premiums slow significantly, and EV risks are becoming untenable. We take a look at the developments in China’s motor insurance market over the...

Dajia subsidiaries still bear scars of the insolvency of Anbang Group

...China. The Chinese authorities took over control of Anbang in February 2018, after its former founder and CEO Wu Xiaohui was detained in June 2017 for fraud and embezzlement. He was sentenced in May...

China predicted to contribute 17% of additional life insurance premiums globally over next 10 years

...China alone will generate around 17% of the overall global additional premiums, adding $256bn between 2025 and 2034, according to Swiss Re Institute (SRI)....

Ageas to acquire an initial 10% stake in Taiping Pension

...China. It also helps Ageas to strengthen its presence in the largest growth market in Asia, diversify its business offerings, and consolidate its long-standing strategic partnership with China Taipin...

Global: Swiss Re announces new appointments

...China and China country president. Prior to that, he led the corporate solutions business unit in the Americas, managing North America and Latin America, and also worked in asset management and group...

Asia: RGA aims for more growth in the region

...China, plus the huge opportunity presented to its Hong Kong office through growing demand for life cover in mainland China also represented big potential for RGA in the region....

China: Ping An sells 5.65m HSBC shares for US$50m

...Ping An Insurance Group Co, China's biggest insurer by capitalisation, sold 5.65m shares in HSBC Holdings on 7 May at an average price of HK$69.3074 ($8.87) per share....

French global reinsurer confident of bigger contribution from China

...China Daily, said that the Chinese market offers "incredible growth potential" and is also expected to become Paris-headquartered SCOR's second-largest market....

Asia-Pacific: Hannover Re derives nearly 20% of gross reinsurance revenue from the region in 2023

...China...

Reinsurers upbeat with improved profitability

...China, the outlook for the APAC region is for continued economic expansion with strong contribution from both China and India,” he said.   However, he said that...

Thought leadership and teaching soft skills in insurance

...China, Hong Kong and across Southeast Asia,” said Ms Shanks. “Next month we head to Malaysia, Thailand and Indonesia to have a look at those markets in which we’ve already got a pre...

China: Premiums in insurance market forecast to double in 10 years

...China's insurance market is growing faster than its economy, the newspaper China Daily reported, quoting Mr Mumenthaler...

Malaysian Re and Chinese insurance giant CPIC sign MOU to develop health plans

...China....

Global: Munich Re appoints new leadership

...China, MENA, Africa, cyber. He has been chief executive of Australasia, Japan, Korea and South-East Asia since 2023. Mr Eckl was responsible for establishing Munich Re’s regional centre for P&a...

Unlocking Growth: Fanhua's Future in China's Brokerage Landscape

...Dive into our discussion with Fanhua Inc's Director & Chief Strategy Officer, Mr. Ben Lin, as he unveils how AI is transforming insurance sales. Learn about Fanhua's leadership in setting industry trends through its technology-focused platform, its agents' creation of digital content, and its forward-thinking strategy for regional growth....

Asia: 1 April property reinsurance market softens somewhat

...China and India....

Positive trend of Jan & April reinsurance renewals to continue at mid-year -- Aon

...China and India....

People on the move

...China. Prior to joining Aon, he worked at PepsiCo and PwC in India.   In his new role, Mr Romeo will lead Aon’s Bermuda reinsurance operations while creating an...

Change is a constant for the reinsurance industry

...China, in Japan and so on. The world is much more interconnected. That makes our job more challenging in terms of doing risk assessment and measuring exposure,” he said.  ...

Huize emerges from dark years of COVID-19 to report net profits in 2023

...China and Asia....

EV price war fuels speculation over insurance pricing

...The ongoing price war in the Chinese electric vehicle (EV) market has led to people in the insurance industry and car owners to pay attention to whether EV insurance premiums would also be cut....

China: ERGO widens market presence through new broking JV

...China CEO Juergen Schmitz told China Daily....

Shaping the Future: 17th India Rendezvous Drives Reinsurance Innovation Through Insightful Panels Discussions and Dynamic Networking Platforms

...China. She outlined the considerable growth trajectory of India's insurance industry, particularly in life and general insurance, attributing it to rising incomes, increased awareness, and digita...

Charting the Future: Unveiling Insights from the 17th India Rendezvous 2024 Towards Reinsurance 2030

...China to developing Asian countries.   Opportunities at GIFT IFSC: a panorama revealed The Internati...

Embracing tomorrow: Navigating the trajectory towards reinsurance 2030 - insights from India Rendezvous 2024

...China to emerging nations in Asia.   Opportunities in GIFT IFSC: Praveen Trivedi unveiled landscape...

AI: Opportunity or threat?

...China told Asia Insurance Review, “Insurance CEOs really struggle to understand how AI can be deployed in their businesses.” China is often regarded as a leader in insurance technology an...

Allianz Asia Pacific's operating gains shoots up by 33% to over US$813m in 2023

...China.”...

Mainland Chinese spend US$7.6bn on Hong Kong insurance policies in 2023

...China, a weakening yuan and the interest rate gap between China and the United States, reported t...

Insights into China's brokers' landscape: Fanhua's journey & outlook

...Explore China's insurance brokers' landscape with Fanhua Inc's co-chairman and chief strategy officer, Mr. Ben Lin, as he offers insights into the industry's transformation, unveiling regulatory impacts, strategic maneuvers, and Fanhua's forecasted path. Discover professionalized agency models, the evolving role of technology, and looming regulatory changes shaping China's dynamic insurance market....

China: Mainland broking group to acquire HK insurance broker for US$1.5m

...China’s insurance brokerage market. We are excited about the growth opportunities in the Hong Kong market and are committed to leveraging our expertise and resources to capitalise on such oppor...

Fanhua attracts investment from Singapore boutique finance firm

...China and Southeast Asia....

Asia: Hannover Re generates 10% growth in 1 Jan P&C treaty reinsurance premiums from region

...China region, the main round of renewals took place on 1 January....

China: AIA in office property JV with Singaporean global real estate investment manager

...China) CEO Puah Tze Shyang said in a statement, “Despite a challenging fundraising an...

China's first wholly foreign-owned P&C insurer

...China Insurance becoming the first wholly foreign-owned property insurance company in China, we explore the changing attitudes of the Chinese market towards foreign investment, as well as the allure...

Asian broker market continues to mature despite pressures

...China market remains soft yet competitive: “Insurers in China are known for their cheap premium rates and low deductibles and that remains the case. In the past few years, there has be...

Hong Kong, Singapore, Taiwan: Sun Life launches private health advisory services for HNW clients

...China, Singapore, and international high net worth, also spoke about the partnership with PinnacleCare, emphasising the aim of providing confidential, world-class private health advice and services t...

Life insurers to continue to face impact of fee and expense regulation

...China", the life insurance industry will undergo a major transformation....

Cyber events top business risk for 2024 in Asia

...China, plays an important role in the global upstream supply chain in several industries including active pharmaceutical ingredients and electronic vehicles. Improving business continuity management,...

Listed Beijing-based insurance broker to acquire HK broking firm

...Nasdaq-listed Beijing-based Tian Ruixiang Holdings (TRXH) has announced that TRX HongKong Investment, a wholly-owned subsidiary, has entered into a Memorandum of Understanding to acquire Peak Consulting Services, a licensed insurance brokerage in Hong Kong....

Generali pays over US$100m to acquire remaining 51% stake in Chinese P&C insurance venture

...China Beijing Equity Exchange on 2 November 2023. The completion of the transaction is subject to regulatory approvals....

Chinese insurance experts discuss future trends

...China CEO Hu Min highlighted the company’s response to changing market dynamics by seizing opportunities in wealth management. The firm is innovating the bancassurance distribution model. This...