Country: China Page 1 / 89
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- October 30 2025
China empowers mainland insurers to issue sidecars in Hong Kong
NFRA notice on ILS seeks to enhance catastrophe risk management capabilities of Chinese insurers and strengthen Hong Kong's position as an international risk management hub.
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- October 27 2025
Axa Tianping P&C handed rating upgrade as portfolio rejig, parent support strengthen performance
S&P Global raised Axa Tianping’s financial strength and long-term issuer credit ratings to ‘A’ from ‘A-’, with a stable outlook.
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- October 23 2025
London P&I Club opens representative office in Shanghai
The new office in Mainland China is led by Wenjia Gao and reflects the club's long term commitment to Asia, according to chairman John Lyras.
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- October 20 2025
Markel Greater China targets double-digit growth, doubles down on marine, AI risks
Buoyed by 220% growth in 2024, the specialty carrier targets top spot on the Lloyd's China platform by year-end, says Chelsea Jiang, Greater China MD.
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- October 15 2025
China’s plan to tighten commission controls for non-motor market to improve pricing: Fitch
New measures, which will take effect on November 1, aim to shift competition away from commission-driven sales toward profitability and risk-based pricing discipline.
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- October 14 2025
China’s retaliatory port fees on US-linked vessels adds to maritime disruptions
A US$56 per net ton fee will be charged at Chinese ports from vessels that US flagged, built or are owned or operated by US enterprises, meanwhile, the country has also banned Korean shipbuilder Hanwha Ocean's US subsidiaries in escalating tensions.
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- October 13 2025
China Re-backed broker Huatai partners with BMS Group for marine initiative
The mainland intermediary will coordinate domestic underwriting, while BMS’ specialist arms BankServe and CLP will do international ceding of risks.
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- October 10 2025
Vietnam’s 2025 nat cat economic losses top US$1.3bn
Typhoon Matmo over the weekend expected to add hundreds of millions of dollars in losses to the region recovering from the Typhoon Bualoi the week before.
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- September 29 2025
Hong Kong’s curtailed Super Typhoon Ragasa economic losses under US$400m: report
Claims mainly from wind and flooding, with water damage across all affected territories, David Seng, technical and strategic projects director at Sedgwick in Asia also tells InsuranceAsia News.
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- September 26 2025
Super Typhoon Ragasa’s impact less than feared in Hong Kong, Taiwan and Macau
Despite widespread reports of property losses, claims from the strongest storm of the year are expected to be much smaller than that from Typhoon Mangkhut in 2018, loss adjusters tell IAN.
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- September 26 2025
Addressing protection gap requires collaborative effort, says HKIA’s Stephen Yiu
Unleashing social values of insurance to narrow the protection gap and deepening financial inclusion is essential for stable market growth, he said addressing an HKCIB conference.
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- September 23 2025
Super Typhoon Ragasa: Hong Kong insurance industry braces for world’s strongest storm in 2025
Tens of millions of people could be impacted as the storm passes south of the major centres of Hong Kong, Macau, Shenzhen and Guangzhou.
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- September 23 2025
Taiping Re to benefit from profitable non-life vertical, new capital sources: AM Best
AM Best affirms its A (excellent) rating for the reinsurer and its wholly owned subsidiary, Taiping Reinsurance (China), with a stable outlook.
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- September 22 2025
China’s P&C underwriting profit tops US$3.7bn, ceded premium surpasses US$14bn in H1 FY25
For the first time, more than half of the insurers reported profitable underwriting, according China Re P&C.
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- September 22 2025
Super Typhoon Ragasa: Hong Kong facing US$100m bill: report
Region is battening down for the typhoon, which is expected to bring hurricane-force winds of up to 220km/h and is projected to make landfall in southeast China on Wednesday.
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- September 16 2025
‘Opportunity is always in China’: rapid industrial growth ups ante for (re)insurance market: Rare Earth’s Wei Wang
New energy storage, offshore wind power and overseas projects under the Belt and Road Initiative are key, the CEO of the (re)insurance broker told InsuranceAsia News' Between The Lines podcast.
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- September 15 2025
Swedish Club expands in China with Ping An P&C strategic partnership
Agreement enhances service delivery and broadens the ways members can access the club’s marine insurance and loss prevention services.
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- September 15 2025
Jasmine Wan joins Berkley Insurance Asia as head of casualty for greater China
Hong Kong-based Wan joins after spending over eight and a half years with QBE.
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- September 11 2025
China Pacific Insurance secures US$2bn to fund internationalisation, AI
Hong Kong-listed Chinese insurer issues a zero-coupon convertible bond due in 2030 with a conversion premium of 25%.
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- September 9 2025
Midea Group founder takes 11.5% stake in Samsung P&C China: reports
Acquisition from Yuxing Technology Development will make Foshan Shunde District Junlan Hotel Management the third-largest shareholder, pending regulatory approval.
