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Monday, August 31, 2026
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China makes next move in goal to make Shanghai a go-to global reinsurance hub
June 2 2023
Deputy Director Zhang Zhongning revealed the NAFR are already finalising rules for a Shanghai reinsurance trading market.
MGA & Lloyd's syndicate Volante launches Singapore Office
June 1 2023
Veteran Amy Fu will lead the office as the (re)insurer seeks to build its presence across Asia Pacific.
Mainland visitor premiums soar 2686%, But Hong Kong life revenue down 8.9% in Q1
June 1 2023
Despite mainland business increasing to 75% of pre-covid levels, overall revenue for long-term business fell to HK$127bn.
Gallagher Re poach Jia Lou from Guy Carpenter as CEO, Mainland China & Hong Kong
June 1 2023
Gallagher Re also announced that Alex Xia will be joining the group as Head of Beijing.
Q1 sees Hong Kong's P&C profits slump 40% as motor underwriting crashes
May 31 2023
Despite gross premiums remaining steady, underwriting profit dropped to HK$485m in the first quarter.
Prudential announces UK CFO exit after conduct investigation | Hong Kong-based Bulmer named as replacement
May 31 2023
Ben Bulmer will take on the position of CFO after James Turner resigned following "an investigation into a Code of Conduct issue".
FWD conclude search for new CFO with the appointment of Sid Sankaran
May 31 2023
The group have been looking for a suitable replacement to current CFO Jon Nielsen, who is pursuing a career opportunity in North America.
Another day, another exit: Japan's MS&AD and Tokio Marine joins NZIA exodus
May 30 2023
Their departures make it three from three big Japanese insurers who have left the climate Alliance, after Sompo withdrew last week.
Australia's Catholic Church Insurance to enter liquidation
May 30 2023
CCI is one of Australia's oldest insurers, but has been on the brink of collapse amid a rise in abuse claims.
Australia's P&C industry sees AU$78m underwriting loss in Q1 after spike in net incurred claims
May 30 2023
Despite the loss, Aussie P&C insurers saw an overall net profit of AU$1.1bn thanks to markedly improved investment income.
Update: Lloyds joins Allianz, AXA, QBE, SCOR, Sompo and Swiss Re in flood of (re)insurers to leave NZIA
May 27 2023
Three members left the NZIA in April; seven more followed suit this week, with Republican anti-trust pressure raising serious doubts about the Alliance's viability.
Fitch downgrades Taiwan Life's Financial Strength rating to Stable
May 26 2023
Fitch asserted that while Taiwan Life's financial performance has declined, pressures on performance and capital should ease gradually.
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