Country: China Page 1 / 87
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- August 6 2025
Heavy rain, floods, landslides leave insurers counting losses across Hong Kong, China, India
Torrential rain this week caused substantial damage and disruptions.
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- August 5 2025
Beijing flood losses to be ‘substantial’ as region braces for more rain
Insurers have received 65,000 reports of losses following last month's extreme rain, with an estimated insured loss of US$277m, according to regulatory data.
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- July 29 2025
30 dead in Beijing after days of torrential rain, 80,000 residents relocated
Hong Kong on Tuesday had also issued its first black rainstorm warning of the year as heavy downpours hit the city.
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- July 28 2025
Fitch assigns Generali China A- financial strength rating on strong capital position, strategic group role
Wholly owned Chinese P&C arm of Italian insurance group posted GWP of US$238m and 105% COR last year.
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- July 21 2025
Vietnamese (re)insurers brace for Typhoon Wipha, Hong Kong facing US$255m bill
Heavy rainfall and strong winds are expected across northern Vietnam, posing risks of flooding and damage, particularly in coastal areas.
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- July 16 2025
Markel confirms Chelsea Jiang as greater China managing director
Hong Kong-based Jiang previously was chief technical and innovation officer for general insurance at Axa greater China.
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- July 7 2025
Swedish Club appoints Julia Ju as chief executive of Hong Kong branch as Lars Malm departs
The P&I club has also appointed Jason Wu as regional director for underwriting in greater China.
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- July 7 2025
China’s ZhongAn raises US$500m via secondary placement in Hong Kong
The proceeds will primarily support the Chinese digital carrier's core insurance and asset management business.
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- July 7 2025
CNPC Captive to maintain sound underwriting profits, with support from parent, government: S&P Global
The rating agency assigns its 'A+' local currency long-term issuer credit and insurer financial strength ratings, with stable outlook, to the captive insurer of China National Petroleum Corporation.
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- June 20 2025
Aggregated losses from typhoon Wutip could reach hundreds of millions of US dollars: Aon
Particularly significant economic and insured losses are expected due to widespread flooding in southern China.
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- June 10 2025
Exclusive: Markel appoints Axa’s Chelsea Jiang as greater China CEO
Jiang was most recently the chief technical and innovation officer for general insurance in greater China at Axa Hong Kong and Macau.
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- June 5 2025
US port fees present ‘significant challenges’, says Skuld, as owners, charterers eye calm waters
China service fees are generating confusion in the maritime industry, particularly regarding the definition of vessel operators and the responsibilities of various parties involved in charter agreements, according to the P&I club.
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- May 29 2025
Exclusive: Swiss Re CorSo reshuffles APAC leadership as China CEO, Southeast Asia head depart
China CEO Jeffrey Pan will depart by the end of the year, while Singapore-based Didier Bélot will leave the company by the end of August.
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- May 28 2025
With Australia, India and China inundated by record floods, voices swell to rewrite the nat cat lexicon
Floods in Australia have been widely described as a one-in-500-year event, but such categorisations are now being seen as harmful to the insurance industry.
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- May 27 2025
Gallagher Re acquires Beijing-based broker Nongxin
Global broker will launch a new platform designed to deliver a comprehensive range of services, China CEO Jia Lou says.
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- May 23 2025
Towngas, FSE Nova JV acquires Hong Kong broker Pacific World
Combined entity will invest more resources and capabilities to provide insurance broking services to 42 million Towngas household customers in Hong Kong and mainland China.
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- May 23 2025
Axa ‘among the first’ to utilise new Hong Kong re-domicile regime, to move Bermudan unit
Hong Kong government passed the inward company re-domiciliation regime last week.
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- May 22 2025
Axa XL gives Jamie Chambers expanded role as greater China CEO
Chambers will continue to lead Hong Kong business while also taking on broader leadership responsibilities across China, Macau, and Taiwan.
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- May 19 2025
Ping An P&C’s underwriting profitability better than domestic peer average: AM Best
AM Best affirms an insurer rating of A (excellent) with a stable outlook.
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- May 16 2025
Beijing hail leads to US$44m insured loss from widespread motor, property damage
Local insurers have received at least 45,600 claims, with the majority related to motor, as of May 14, according to the Beijing Financial Regulatory Bureau.
