Lloyd's announces leadership changes

...China CEO and Country Manager ahead of Mr Donald Sun’s retirement, the article said....

India: Mapfre Re obtains approval for branch office in GIFT City

...China in 2024. It also dovetails perfectly with expanding our broader direct presence in key countries on the continent, like the Philippines, Japan, Malaysia, and Singapore. Together, they constitut...

Ping An Health sets Chinese family nutritional standards

...Ping An Health Insurance Co and PKU Healthcare Corporation have released a set of health and nutrition selection standards adapted for Chinese family meals....

Manulife Asia posts record US$564m 4Q core earnings

...Chinabank through 2039, ensuring Filipino customers continue to have access to its life, health and wealth solutions. The company also invested in strengthening its agency force by equipping advisers...

Pomdoctor expands platform integration with online medical insurance coverage across major Chinese cities

...;China has actively promoted Internet-based medical services through a series of policy guidelines, industry standards, and administrative measures, including provisions enabling online medical i...

Regulatory shifts spell more opportunities for reinsurers

...China’s non-motor insurance business spell a positive impact for reinsurers, Swiss Re’s Mr Bea...

Cheche forms strategic partnership to build digital insurance system with intelligent pricing model

...(China) Investment and a core enterprise within Volkswagen Group's Intelligent Electric Vehicle Centre in Hefei. Cardif Airstar Insurance is a Sino-foreign joint venture property and casualty insu...

AXA to re-domicile to Hong Kong in strategic shift

...China Region Insurance Company (Hong Kong). AXA said the move aligns the company’s place of registration with its operational base in Hong Kong and reflects its intention to continue...

New insurer makes debut with EV insurance plans

...BNP Paribas Tianxing Property and Casualty Insurance Co started operations yesterday, marking its debut by rolling out an auto insurance product line focused on the new energy vehicle ecosystem....

APAC: 2025 economic losses from natural disasters reach $76bn

...China, cyclones Ditwah and Senyar, Typhoon Matmo, as well as several flooding, drought and wildfire events, each of which surpassed the $1bn loss threshold. ...

Hannover Re names Kun Huang as CEO of Shanghai Branch

...China Re Underwriting Agency, as well as positions at China Re....

Ping An P&C launches the first insurance policy to cover leased embodied robots

...China's first open robot leasing platform, Qingtian Leasing, was unveiled in Shanghai late last year, offering an integrated robot leasing solution through a Robot-as-a-Service model. The platfor...

Munich Re appoints Eric Zhao as CEO of Beijing Branch

...China. Before joining Munich Re in 2006 as Head of Operations, he held various roles at two major primary insurers in China. Earlier in his career, he worked as a medical doctor. Mr Zhao holds a bach...

People on the move

...China Re nominates its first female president China Reinsurance (China Re) has announced that Ms Zhu Xiaoyun, the company’s Executive Director and...

MAPFRE Re sets sights on Asian expansion

...China and India while emphasising long-term partnerships and climate resilience. Mr Javier Sanchez Cea elaborates....

New market positioning for NEV insurance takes shape from secondary to core business

...New energy vehicle (NEV) ownership in China has continued to climb this year, with sales reaching 14.8m units in the first 11 months, up 31.2% year on year. Alongside this surge, NEV insurance premiums have expanded rapidly....

Issuance of licences for conditional Intelligent driving introduces new variables to motor insurance

...The Ministry of Industry and Information Technology has issued the first batch of L3 conditional autonomous driving licences, marking a transition from the testing to the early-stage commercialisation of autonomous vehicles....

Asian Insurance Forum 2025 tackled regulation, demographics and AI surge

...China. Rainfall patterns have also shifted, with the northern region experiencing unusually high rainfall in recent years, a scenario once considered unimaginable. These changes are increasingly affe...

QBE Wholesale Markets Asia CEO: Talent and local expertise key to building a sustainable wholesale business

...China Desk, and Young Jun Lee as Head of Wholesale Asia, Construction & Engineering. These roles are designed to drive technical leadership, deepen broker engagement, and ensure we stay close to...

Asia: Demand for specialty and facultative solutions grows in the region

...China. In fact, we already have dedicated desk representation for places like Korea, Taiwan, Greater China and Japan, and that is helping us build connectivity and insight into these markets.”...

People on the move

...China, Hong Kong and Taiwan. Prior to that, Mr Tonat served as General Manager Non-Life for Munich Re in Johannesburg, South Africa. He had also served as CUO in Seoul, Korea for two years....

People on the move

...China, will now lead cyber sales across Asia. In his new role, he focusses on driving new business strategy, strengthening country-level engagement and expanding distribution channels to accelerate g...

Celebrating the winners of the 29th Asia Insurance Industry Awards

Chinese insurers deepen overseas push as NEV motor premiums surge

...China’s NEV motor insurance premiums are on track to hit CNY200bn in 2025, growing over 30% annually as major insurers report underwriting profits for the first time. Now, as domestic growth st...

A new nimble growth model in Asia

...China Desk Head of Wholesale Asia, Construction and Engineering roles.    “Beyond that, the challenge is also about balance, building scale without losing...

Building resilience amidst diversity

...China, Taiwan, Hong Kong, Singapore, Vietnam, Indonesia, Thailand, Malaysia, Australia, the Philippines, and India – Sompo has built what Mr Reilly describes as “a hub-and-spoke model&rdq...

Charting a measured growth path across Asia-Pacific

...China as an example, where the company has developed agricultural, A&H and marine capabilities but sees opportunities to expand into property and specialty lines. This cross-selling strategy enab...

Navigating uncertainty: Global (re)insurance leaders on geopolitics, risk and the future of reinsurance

...China and Southeast Asia experience slower momentum. “Different countries face distinctly different dynamics, requiring tailored approaches rather than uniform strategies,” he said....

SIRC: Leading the industry forward

...China, India and Vietnam. For farmers without insurance, catastrophic losses are devastating. But such insurance is expensive – often between 5% and 15% of the crop value and usually unaffordab...

Ant Group elevates healthcare unit as AI and ageing demographics reshape demand

...China’s consumption landscape: lifestyle services, financial services, and health services. Ant’s involvement in healthcare dates back more than a decade. Since facilitating Chi...

MediTrust: AI driving new efficiency in insurance claims

...The 2025 Hong Kong FinTech Week was held recently at the Hong Kong Convention and Exhibition Centre, marking the event's 10th anniversary and its largest edition to date....

People on the move

...China Re, Dashwood Brewer & Phipps, BMS, Miller, Aon and Willis. ...

People on the move

...China, Hong Kong and Malaysia. His expertise spans agency development, business and technology transformation, M&A and driving organisational agility across diverse Asian markets. &...

Innovation and collaboration in insurance are vital in the age of AI

...China market AIA Group regional chief executive Fisher Zhang said consumption and high-tech investment appear strong in the first hal...

Strong fundamentals help attract reinsurers to Singapore market

...China Re’s Mr Zhang Yi on the current state of the market and the key attractions for foreign players....

Asia: Carbon Capture and Storage plan could raise emissions by 25bn tonnes

...China, India, Japan, Korea, Indonesia, Thailand, Malaysia, and Singapore, as well as a key regional partner, Australia (which has strong integration with Asian fossil fuel trade and CCS plans)....

GIEA winners highlight the importance of insurance advisers

...China 5. Best Customer Service Award – Mayank Kothari, India...

People on the move

...China: Ping An appoints new CTO Ping An has appointed Mr Ray Wang as CTO and general manager. The appointment is meant to enhance the company’s re...

Singapore: Retiring well despite longevity risks

...China, our demographic transition is happening at a much faster pace,” she said.   In addition, the phenomenon of shrinking family sizes is bringing about growi...

Can the GBA ease Hong Kong's ageing crisis?

...China is becoming less a lifestyle preference than an inevitability.   As one of the world’s most expensive cities, Hong Kong is also among the costliest places...

Reimagining aging in Asia

...China.   These variations require tailored approaches. In mature markets like Hong Kong and Japan, Manulife focusses on ensuring comprehensive support and identifying...

8 deserving winners awarded at the Inaugural GIEA

...China, India, Sri Lanka and Thailand are as follows: Best Woman Insurance Adviser in Asia and MENA Huang Lidan, China Best Motor Insurance Adviser in Asia and...

China's largest insurance AI firm Nova seeks Hong Kong listing

...China’s top 10 insurers by premium income. The company turned profitable in 2023, with revenues of CNY340m($47.6m), CNY650m and CNY940m in 2022, 2023 and 2024 respectively, representing a compo...

Hong Kong: Strategic partnership between China Ping An Insurance (Hong Kong) and PAObank

...China Ping An Insurance (Hong Kong) managing director Mr Kelvin Cheung said that CPAIHK consistently leverages the group's integrated financial platform to deliver warm financial services. &ldquo...

Allianz China sets target of fourfold business growth in five years

...China CEO Patrick Zeng highlighted that the risks facing Chinese firms going overseas are expanding beyond property and liability insurance to include cyber threats and supply chain restructuring. Al...

Malaysia: Prudential Assurance appoints new CEO

...China, Hong Kong and Malaysia. His expertise spans agency development, business and technology transformation, M&A and driving organisational agility across diverse Asian markets....

Allianz China sets target of fourfold business growth in five years

...China CEO Patrick Zeng highlighted that the risks facing Chinese firms going overseas are expanding beyond property and liability insurance to include cyber threats and supply chain restructuring. Al...

People on the move

...China.   Before joining Nova Insurance, Mr Wong worked with Euler Hermes (now Allianz Trade). Mr Wong’s election to the board as Nova’s repr...

People on the move

...China: Markel appoints new managing director ...

Global ambitions, local impact

...China, London, Paris, and New York, marking it as a globally minded firm from day one.    “Global focus is deeply embedded in the group’s DNA,”...