Country: China Page 1 / 88
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- September 1 2025
China Re’s net profit up 11.4% in H1 FY25 even as P&C reinsurance hit by agri slowdown, overseas losses
P&C reinsurance segment, China Re’s largest unit, posted insurance revenue of CNY22.96 billion, down 2.2%, mainly due to weaker domestic agriculture premiums.
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- August 29 2025
China Pacific’s P&C underwriting profit up 31% to US$500m in H1 FY25
Underwriting COR was down 0.8 percentage points to 96.3% due to improvements in underwriting expense ratio.
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- August 28 2025
Taiping Re’s profit surges 75% despite flat premiums
China Taiping reported a 12.2% rise H1 FY25 profit led by a sharp rise in reinsurance profitability and improved underwriting margins.
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- August 27 2025
PICC P&C underwriting profit surges 45% to US$2bn on motor, property gains
China's large non-life carrier posted a combined ratio of 94.8%, a 1.4 percentage point improvement.
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- August 26 2025
Ping An P&C H1 topline up 7%, COR down to 95.2%
Chinese carrier’s premium income increased US$23.6bn.
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- August 25 2025
Sunshine P&C’s H1 COR improves to 98.8%; underwriting profit up 42%
Beijing-headquartered insurer's GWP was US$3.5bn, up 2.5% year-on-year, as non-motor lines posted strong growth.
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- August 21 2025
ZhongAn interim profit soars as underwriting gains, COR drops to 95.6%
The Chinese online insurer reported underwriting profit of US$90m, up 109% year-on-year.
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- August 15 2025
Vesttoo creditors launch lawsuit against Aon, CCB for fraudulent conduct
The complaint alleged Aon’s IP-linked product's transactions were the primary cause of Vesttoo’s downfall, while it also sought damage from CCB for forgery of letters of credit.
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- August 12 2025
Chinese lessor Avmax secures US$29m from Liberty-led insurers for planes lost in Russia
Company had leasing contracts with Russian carriers for three Dash 8 turboprop regional airliners, which are now irretrievable due to sanctions.
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- August 11 2025
Willis hires Brian Fung as associate director for greater China M&A
Hong Kong-based Fung joins after four years at Aon.
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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.
