Asia & Pacific

Woman presenting top insurance brands market share

Most valuable global insurance brand 2018 is …

China leads and dominates the global insurance ranking in a recently published Kantar Millward Brown’s 2018 Brandz report.  The Brandz™ report tracks the value...
Ding Xuedong speaking at the Asian Financial Forum

China’s sovereign wealth fund increasing risk appetite

China Investment Corp. (CIC) is pulling out all stops to forge ahead with investments in the United States after a successful foray last year....
Wai Tan, Shanghai, China

Willis Towers Watson becomes first fully licensed foreign broker in China

China’s Banking Insurance Regulatory Commission (CBIRC) recently announced that Willis Towers Watson, the leading global advisory, broking and solutions company, has been granted permission...
Youbit currency exchange logo

South Korean insurer denies claim from bankrupt crypto exchange Youbit

Seoul-based cryptocurrency exchange Youbit has reportedly had its cyber-insurance claim denied by South Korean Dongbu insurance company. This comes after Youbit experienced several hacks...
China's military hackers

FDIC hid possible China hack to protect top executive

China likely launched a cyber-attack against the US Federal Deposit Insurance Corporation (FDIC) between 2010 and 2013, but employees masked the crime to protect...
China and Europe flag

Memorandum of Understanding signed between Europe and China

The European Insurance and Occupational Pensions Authority (EIOPA) and the China Insurance Regulatory Commission (CIRC) have recently met in Budapest to sign a Memorandum...

ERGO Insurance enters Thai Market

German insurance company ERGO has entered the growing Thai market by acquiring 40% of Thaisri Insurance. The German company made the purchase in late May,...

Sompo Insurance unveils model to evaluate wind farm risks

Japanese Sompo Insurance Group has launched a model for evaluating risks to onshore and offshore wind farms. As the price for energy has steadily increased,...
Zurich's Chief Risk Officervideo

Zurich’s Chief Risk Officer on Global Risks

Cecilia Reyes, Chief Risk Officer and Regional Chairman of Asia Pacific, on the new Global Risk Report 2016. The consequences of climate change are causing...
dogs-in-a-box

Can Pet Insurance Stop Dog Meat Festival in China

A couple of weeks ago, there was an online outcry against the notorious Dog Meat Festival in China. The Yulin Dog Meat Festival is...
video

The China Insurance Market: an Interview with Lee-Han Tjioe

Lee-Han Tjioe discusses with Fritz, an insurance market analyst, the growing sophistication of the Chinese Insurance market and the implications it has for how...

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