China
Henan flooding a huge blow to Chinese non-life insurers: Fitch
Insurance claims are predicted to exceed $1.23b.
Henan flooding a huge blow to Chinese non-life insurers: Fitch
Insurance claims are predicted to exceed $1.23b.
China Re expects H1 net profit jump up to 65%
This comes at the back of improved underwriting profits and optimized asset allocations.
Growth continues for China's insurance market
The country came second behind the US in terms of total premium volume in 2020.
China to hike subsidies for agricultural insurance premiums
Subsidies will be provided to crop-growing farmers who buy full-cost insurance or income insurance.
China's ZYIC's underwriting profit still thin despite gains from crop insurance
ZYIC has reported net profits consistently over the past five years.
AIA's China Post Life investment, Hubei licence add to medium-term China growth
It should complement AIA's operations and expansion strategy in China.
China's Sinosure opens office in Dubai IFC
Sinosure aims to further support China’s national Belt and Road initiative.
China orders banks, insurers to draft 'living wills': report
This is to ensure that troubled financial institutions won't end up needing costly bailouts.
Chinese insurers pouring $36.6b into elderly care sector
Ten insurers have invested in 47 community care projects.
China regulator proposes revisions on reinsurance
It seeks to tighten its watch especially on concentration and overseas risks.
China drafts tables to improve accident insurance pricing
The tables aim to weed out products with low compensation rates.
Underwriting woes to plague Chinese non-life insurers into 2021
Both motor premium value and underwriting were hit by the motor insurance reform.
China Pacific Insurance pushes for diversity, stability in 30th anniversary
It will deepen efforts in health-related business development.
China Taiping Insurance maintains stability amidst pandemic: report
But ROE and ROA were lower in 2020 compared to 2019.
Better skies ahead for China Pacific's new business value
But patience will be needed amidst challenges in recruiting agents.
Chinese insurtech Waterdrop aims to raise $360m in IPO
The firm will sell 30 million American Depository shares.
China clamps down on medical insurance fraud
Fraudsters may face a suspension of reimbursement for up to a year.
Resource Center
Read Here
Advertise
Sign Up
Event News
Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
