Profit drop for Ping An offset by banking arm
August 16 2016 by InsuranceAsia News
MORE FROM: China
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Munich Re’s Serene Chan takes charge as head of P&C reinsurance for Greater China
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Chan, who was previously regional head of cyber for Asia Pacific with the reinsurer, was appointed in the new role following a wider regional leadership reshuffle earlier this year.
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PICC P&C posts 3.7% premium income growth in H1 2024
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The premium income for the first half stood at US$42.9bn with motor vehicle insurance accounting for about 45% of the premiums.
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Ping An Insurance eyes US$3.5bn fundraise: report
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The insurer will raise the funds through a convertible bond offering, according to a Bloomberg report.
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China’s nat cat economic losses hit US$13bn in H1 2024 as flood claims rise
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95,000 claims from the intense rain across eight southern China provinces have reached CNY3.21bn, according to NFRA's latest data.
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