Hong Kong insurance industry expected to rebound in 2023 & more…Keep up with what has been happening this week in our latest insurance news round-up…

R&Q Insurance buys subsidiary of MSA Safety through joint venture

R&Q Insurance Holdings Ltd on Friday said it has invested in a joint venture, formed with Obra Capital Inc, to buy legacy liabilities of MSA Safety for a disclosed sum.

Hong Kong insurance industry expected to rebound in 2023

Hong Kong’s life insurance industry is predicted to rebound to growth in 2023, following two consecutive years of contraction.

Sompo International appoints Paul O’Neill to lead Commercial Lines Insurance business in Asia Pacific

Sompo International, a leading global provider of commercial and consumer property and casualty (re)insurance, announced today that Paul O’Neill has been appointed President of Commercial Lines, Insurance, Asia Pacific reporting to Julian James, Sompo International’s CEO, Global Markets, Commercial P&C and Daniel Neo, CEO, Asia Pacific, Sompo International.


RSA takeover set to complete by end of May & more...

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