Georgina Lee

Over the past decade, China's insurance industry has experienced significant growth. However, the penetration rate of insurance, particularly in rural areas vulnerable to natural calamities, remains r...

The Chinese government has stated its intention to promote a catastrophe insurance system that will run along market principles, as regulators seek to improve the country's response to natural catastr...

Tokio Marine Holdings said it has set a new target to achieve JPY45 billion (US$316.8 million) in decarbonisation-related insurance premiums on a global basis by the end of its financial year 2026, ac...

Reinsurers play a crucial role in helping insurers navigate the volatile risk environment as the frequency and severity of secondary perils and climate events rise, said Victor Kuk, head of P&C re...

The Insurance Council of Australia's (ICA) general insurance industry charter on extreme weather and disaster response has called for collaboration with governments, community sector groups, and other...

Typhoon Krathon, the first-ever storm to make landfall in Taiwan's Kaohsiung in the month of October after causing havoc in the Philippines, will likely lead to “tens of millions” economic losses cros...

As more countries in Asia Pacific roll out their regulatory frameworks governing virtual asset service providers, (re)insurers and brokers that had retreated from the turbulent market after the collap...

Banks are actively exploring tokenisation use cases in Asia, saying the region has greater potential for the technology than Western countries.

While China largely focuses on retail payments for its CBDC, other central banks are exploring use cases involving tokenised real estate investments and DeFi transactions.

Hong Kong now looking at commercialising tokenised instruments to help address the pain points of the traditional financial market, said the SFC's Elizabeth Wong.