China
China’s insurers to take a hit from elevated risk in trust sector: Fitch Ratings
Risk could affect more financial entities if China's economic recovery slows down and the property sector's distress persists.
China’s insurers to take a hit from elevated risk in trust sector: Fitch Ratings
Risk could affect more financial entities if China's economic recovery slows down and the property sector's distress persists.
Aon announces new head of Greater China
Lu will oversee the integration of Aon's Risk Capital and Human Capital capabilities.
S&P Global: Strong rains could drag China’s P&C underwriting performance
Beijing’s recent heaviest rainfall in 140 years serves as a stark reminder to P&C insurers in China.
China receives 260,600 flood-related claims
Rains in 16 regions of China have led to widespread flooding and geological disasters.
Investment risk to concern China BOCOM Insurance – AM Best
The insurer’s operating performance is deemed adequate.
China’s regulator calls insurers to make haste for recent flood-affected areas
Chinese insurers have received a total of 117,600 claims.
China Life Insurance (Overseas) to stay afloat in the next two years: S&P Global
Its growth-related capital needs and substantial holdings of high-risk assets may surpass earnings.
Aon Greater China appoints new CEO
He has been with Aon for over seven years.
ZhonAn Insurance’s Yaping Ou steps down as chairman
The board has elected Hai Yin as the new chairman.
Ping An reveals impact of transition to IFRS 17
Ping An will continue to disclose several important financial metrics regarding the impact.
New guidelines set out for Chinese cybersecurity insurance
Insurance companies will be incentivized to offer diverse cybersecurity insurance services.
China Life Insurance, bankers in the talks of $2b bond
It plans to issue a 10-year tier-2 bond.
World Bank taps Ping An Insurance executive for investment lab
The lab is aimed at mobilising capital effectively to address climate change and poverty.
Ping An granted top 1% in ESG amongst Chinese firms: S&P
S&P Global debuts its China edition of the Global Sustainability Yearbook.
Fanhua appoints new co-chairman and CSO
Ben Lin has been appointed due to his extensive knowledge of the global insurance industry.
China Life plans to boost services for mainland clients: report
Mainland customers drove new business premiums growth year-to-date.
Tech is key for ESG reporting: Ping An Insurance chief
The company also announced its dedication to expanding green finance and striving for carbon neutrality in its operations by 2030.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
