Country: China Page 1 / 93
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- September 9 2026
S&P upgrades PICC Re outlook following China’s financial sector recapitalisation
Rating agency says the reinsurance arm of Chinese insurer PICC remains 'highly strategic' to its parent and will benefit from the stronger capital buffers.
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- September 9 2026
‘World first’ Lloyd’s-backed insurance solution opens China’s equestrian market to global horse imports
Underwritten by CPPIC, with supporting capacity from a syndicate at Lloyd’s of London, Hong Kong-based specialist insurance broker MG Geraghty Insurance Brokers confirms the 'important development' for owners, trainers, breeders, exporters.
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- September 8 2026
China’s ‘rare’ US$9bn insurance sector recapitalisation enhances risk resilience: analysts
Ministry of Finance has announced a US$54bn plan to recapitalise the financial system to enhance its capital strength and boost economic growth.
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- September 7 2026
China announces US$9bn recapitalisation plan for state-owned insurers
China Life and China Taiping will receive direct capital injections from the Ministry of Finance, while PICC and China Re will raise funds through a share sale to the ministry.
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- September 2 2026
PICC P&C terminates PIB brokerage pact, shifts mandate to ZSIB
Move comes as PICC Group plans to exit the wholly-owned intermediary in third-party sale.
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- August 27 2026
Deadly flash flood on Nepal-China border leaves widespread destruction
More than 270 people have died, while over 1,000 are still missing following the event on Wednesday morning.
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- August 26 2026
Rare quartet of storms batters southern China, paralysing key ports
Narra, Gaenari, Saudel, and Atsani slam China's coast, flooding cities, clogging ports, and also disrupting Japan and Taiwan.
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- August 24 2026
Typhoon Dolphin’s ‘salty’ cargo disruption bill only going one way as North Asian port congestion bites
With over 2.4m TEU of capacity stranded across Shanghai and Ningbo after three storms in five weeks, Otonomi CEO Yann Barbarroux says the compounding congestion is reshaping the risk calculus for cargo owners just as peak season approaches.
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- August 20 2026
AIG taps Lisa Sun to lead mainland China, Hong Kong, Macau in expanded role
John Wu is also promoted to interim responsible person for AIG China.
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- August 20 2026
Allianz Trade promotes Scott Munafo to China CEO
He has been with the trade credit insurer since 2015, and was most recently group head of broker management and partnerships based in Paris.
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- August 20 2026
From Flores to Chiba, Asia’s nat cat spree exposes protection gap with insurers set to escape major losses
Indonesia, Japan, South Korea and China have been hit with earthquakes, downpours, floods and typhoons over the last week, with loss adjusters telling InsuranceAsia News that the human toll is severe but insured losses remain surprisingly contained due to low coverage in affected areas.
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- August 12 2026
PICC appoints veteran banker Tan Jiong as chairman
He succeeds Ding Xiangqun, who becomes the new head of the National Financial Regulatory Administration.
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- August 12 2026
Typhoon Dolphin losses hit US$178m as Beijing battles heavy rain, floods
Insurers across five provincial-level regions have received nearly 100,000 claims reports, with Ping An's estimated payouts exceeding US$96m.
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- August 10 2026
Typhoon Dolphin brings fresh extreme weather to eastern China, Japan
Arrival of El Nino is intensifying typhoon activity in the Pacific, with China experiencing its fourth since the start of the season.
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- August 7 2026
China’s new reality: rising nat cat risk, manufacturing concentration challenges insurance market
Marc Burban, founder and CEO of Asian Risks Management Services, tells InsuranceAsia News’ Between the Lines podcast that rising nat cat frequency and industrial clustering are forcing China's insurers to underwrite smarter.
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- July 30 2026
Aon taps Jessie Shi for Asia transaction solutions role
Shanghai-based qualified lawyer and certified public accountant joins as an associate director having previously held roles at Chinese law firm Jun He, PwC and Intel Corporation.
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- July 27 2026
Typhoon Noul skirts Hong Kong, triggers nearly US$5m in insurance claims in China
Strongest windstorm to make landfall in mainland China this year prompted the evacuation of more than 700,000 people in Guangdong, as well as minor damage and air traffic disruptions in Hong Kong.
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- July 21 2026
Generali China underwriting improves, but run-off of CNPC-linked business could test growth: Fitch
P&C insurer’s GWP has grown 14% over the past five years, while its COR improved to 102% last year.
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- July 20 2026
Aon appoints Joe Liang as executive chairman of reinsurance for greater China
He will be based in Hong Kong and report to Rupert Moore, CEO of Asia Pacific for reinsurance.
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- July 17 2026
QBE promotes Angus Cheung to market lead for hull and liability in North Asia
Hong Kong-based Cheung will be responsible for its hull and liability portfolio across greater China, Vietnam and Japan.
