Hong Kong
Chubb signs Asia distribution agreement with DBS
Global P&C insurer Chubb has signed a 15 year bancassurance agreement with Singapore-based bank DBS.
Hong Kong and UK regulators sign fintech agreement
The Hong Kong Insurance Authority and the UK’s Financial Conduct Authority signed a fintech co-operation agreement last week.
Zhong An IPO float opens with $550m cornerstone investment
The long-awaited initial public offering for online-only insurers Zhong An has launched.
Zhong An seeks $11bn IPO valuation
Hong Kong-based online property and casualty insurer Zhong An is planning to seek an initial public offering valuation of up to $11bn (£8.3bn).
Campbell-Pitt promoted at Crawford in Asia
Global loss adjuster Crawford has given Mike Campbell-Pitt an elevated role in Asia.
XL Catlin hires former AIG underwriters in Asia
Global insurer XL Catlin has recruited two former AIG experienced members of staff in Asia.
Typhoon Hato kills 10 and costs Hong Kong over HK$4bn
Typhoon Hato has killed 10 people in Hong Kong, Macau and China, injured 121 and will cost Hong Kong at least HK$4bn (£400m) in economic costs.
Hong Kong Observatory hoists typhoon signal 10 as Hato hits
The Hong Kong Observatory has raised typhoon signal 10, increased from signal 9 earlier, as of 9:10am this morning as powerful Typhoon Hato hits the Special Administrative Region.
The cost of Hong Kong's typhoons
A typhoon signal 8 warning can cost Hong Kong's economy as much as HK$4.29bn (£427m) each day writes Swiss Re Corporate Solutions head of north Asia and Hong Kong branch manager Dylan Bryant.
Kwok moves from QBE to XL Catlin in Hong Kong
Alice Kwok has joined XL Catlin from QBE-HKSI in Hong Kong as a marine underwriter.
Hong Kong insurtech start-up registers 1000 users
Hong Kong digital app Cover Go, which helps organise policies, is gaining traction in the Special Administrative Region.
Hong Kong insurers should prepare soon for regulator levy, says EY
Hong Kong's insurers have less than five months to prepare to implement the premium levy to fund the Insurance Authority.
AIG sees 87% spike in Greater China cyber enquiries following Wanna Cry
Following the global ransomware attack named as Wanna Cry in May Asian firms are becoming more interested in cyber insurance.
Willis Towers Watson's Schreiber to join JLT in Hong Kong
Willis Towers Watson senior director Kurt Schreiber will be leaving the global and broking advisory firm to join rival JLT.
Hong Kong broker sees IPO plan halted
The Hong Kong Stock Exchange has halted, at least temporarily, the attempted listing of a Hong Kong corporate insurance broker.
QBE identifies significant liability gap in four Asian countries
Australian insurer QBE has published research suggesting a significant liability insurance gap for businesses in Hong Kong, Indonesia, Malaysia and Singapore.
Hong Kong regulator examines protection fund
Hong Kong's new regulator the Insurance Authority is working on a protection fund in the event of a collapse of an insurer in the Special Administrative Region.
XL Catlin names Ochsenkuehn head of global programs
XL Catlin has appointed Sonja Ochsenkuehn as head of global programs.
Medical provider gains Lloyd's coverholder status in Hong Kong
Global health insurer ALC Health, known as a la carte healthcare, has become a Lloyd's coverholder in Hong Kong and opened an office in the Special Administrative Region.
Awareness of many business covers in Hong Kong is low, says QBE
Research from Australia-headquartered insurer QBE suggests SMEs and large businesses have a costly insurance knowledge gap in Hong Kong.
Axa appoints Bouas-Laurent as Hong Kong CEO
Axa Asia life CEO Etienne Bouas-Laurent will become Axa Hong Kong CEO on 1 September.
Long-awaited Hong Kong insurance regulator begins
The Insurance Authority has taken over regulating the insurance market in Hong Kong today.
Peak Re establishes Labuan office
Peak Re has been granted "approval-in-principle" by the Labuan Financial Services Authority for a general reinsurance license.
Generali appoints Soo as Asia head of health
Generali has appointed former Munich Re manager Dr Hak Hong Soo as regional head of health Asia.