Country: China Page 1 / 91
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- May 7 2026
Chinese insurers pay US$2.2m in aftermath of deadly Hunan fireworks factory explosion: reports
PICC, Ping An, China Life, Taiping and Sunshine Insurance face the most exposure and have activated emergency response plans and sped up claims settlement.
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- May 6 2026
Deadly China fireworks blast triggers US$878,000 work safety payout from Ping An P&C
President Xi Jinping orders an investigation after Monday's explosion at a fireworks manufacturing hub in south-central Hunan province kills at least 26 and injures 61.
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- May 3 2026
Gallagher Re elevates Jun Liu to head of China agriculture
He retains his existing responsibilities as deputy head of Gallagher Re's Beijing office.
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- April 30 2026
Allianz Trade appoints Bruce Lan as commercial director for China
Shanghai-based Lan has been with the trade credit insurer for nearly a decade, joining as regional sales manager for multinationals for APAC.
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- April 29 2026
‘Catastrophic failure’ risk looms amid warning Shanghai floods could expand 80% by 2100
Study shows China's international financial hub requires layered defences, but also that the risk of a 'catastrophic failure' is real.
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- April 15 2026
‘Essential to diversify’: Taiping Re looks beyond property cat as market softens, doubles down on Hong Kong, health
CEO Sheldon Yu tells InsuranceAsia News that the Hong Kong-headquartered reinsurer is pivoting away from property catastrophe lines to focus on health reinsurance in China and expanded ILS and cross-border solutions in Hong Kong.
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- April 14 2026
APAC timber insurance market set for sustained growth, with mass timber projects to the fore
APAC's timber and lumber insurance market is set for 7.2% growth to 2030, driven by a US$63bn regional sector and a green building boom – but while insurers are increasing capacity, they are applying tighter guidelines.
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- April 9 2026
China’s P&C underwriting profit to improve as capital stays strong despite growing asset risk: Moody’s
Rating agency maintains a stable outlook for China's P&C insurance sector.
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- April 7 2026
Oneglobal Broking promotes Sharron Khoo to Asia COO
(Re)insurance broker also promotes Andrew Ko to CEO for greater China.
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- April 2 2026
Steamship elevates Eric Wu as greater China managing director
Hong Kong-based Wu was most recently director and head of underwriting eastern syndicate for the P&I club.
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- April 1 2026
Asian renewals see broad softening, but outcomes diverge by territory and loss experience
While overall demand remained stable, cedents in South Korea, India, China, and the Philippines capitalised on favourable terms and competitive pricing, with many exploring new structures and proportional protections.
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- March 31 2026
China Re’s P&C net profit drops marginally to US$740m as revenue stays flat
Domestic P&C COR deteriorated to 95.98% as reinsurance service performance fell by half to US$109m.
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- March 27 2026
CPIC’s P&C insurance division shows ‘marked improvement’
Combined ratio fell by 1.1% to 97.5% in FY25, while the division’s primary premium income was almost flat at US$29.6bn.
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- March 27 2026
PICC P&C’s FY25 underwriting profit zooms 119% to US$1.8bn, COR down to 97.5%
China's largest insurer reported premium income of US$80bn, while its net profit grew 25% to US$5.8bn.
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- March 26 2026
Ping An P&C doubles FY25 underwriting profit to US$1.5bn, COR improves to 96.8%
Chinese carrier's insurance revenue rose by 3.3% year-on-year to US$49bn.
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- March 25 2026
China P&I Club posts record renewal for 2026 policy year
Vessels include MV Adora Magic City, China’s first domestically built large cruise ship.
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- March 24 2026
Zhang Daoming to become PICC president: report
He has been the temporary responsible officer of the People’s Insurance Company of China (PICC) since December following Yu Ze's resignation in December.
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- March 19 2026
Chinese insurer Sunshine grows GWP 17.4% to US$21.9bn in FY25
Hong Kong-listed Sunshine says it made 'steady and solid' progress, recording a net profit of US$918m.
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- March 11 2026
Starr appoints Vivian Xiao Wei as China head of financial lines
Shanghai-based Xiao has 17 years of underwriting experience, with a strong background in financial lines.
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- March 9 2026
Lockton taps Aon veteran Livy Dai as China CEO
He is based in Shanghai and will oversee Lockton's growth in mainland China.