Country: China Page 2 / 93
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- July 16 2026
Chinese insurers face US$1bn hit after back-to-back storms
Insurance industry has already paid out US$427m after typhoons Maysak and Bavi struck 20 provinces.
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- July 16 2026
Markel strengthens greater China marine capabilities with Shanghai risk engineer hire
Shanghai-based Vincent Wang brings more than 16 years of experience across marine operations, surveying and engineering consultancy.
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- July 13 2026
AI rollout, war impacts to drive specialty innovation in greater China: Markel’s Chelsea Jiang
AI transformation and geopolitical disruptions are driving urgent demand for specialty insurance, the Lloyd’s carrier's managing director for greater China tells InsuranceAsia News.
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- July 12 2026
Typhoon Bavi slams eastern China, forces millions to evacuate
The windstorm, the second to hit the country in a week, was downgraded after making landfall early Sunday.
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- July 10 2026
Typhoon Maysak payout hits US$323m as China braces for Typhoon Bavi
Insurers in Guangxi, Hubei, Hunan, Guangdong, Guizhou, Gansu, Chongqing, Jiangxi, Anhui, and other regions have received 320,000 reports.
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- July 9 2026
Typhoon Maysak claims top 11,000 in China, insured losses hit US$16m
Ping An, Taiping, China Life P&C, CIC China Insurance, and China Continent Insurance have all reported claims related to the typhoon and the subsequent thunderstorms and tornadoes.
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- July 7 2026
Wild weather hits China as Typhoon Maysak floods Guangxi, deadly storms tear through Hubei, Super Typhoon Bavi loom
Events on Monday caused widespread damage, including a dam collapse, leaving at least 15 people dead and tens of thousands affected.
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- June 26 2026
Taiping Indonesia completes first cross-border renminbi reinsurance deal
Deal involves four cross-border renminbi premium payments tied to a construction insurance policy for a nickel and cobalt project.
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- June 25 2026
Howden Re deepens China bench with trio of managing directors
Reinsurance broker appoints Houqin Zhu as head of China treaty, Mike Xin as Asia Pacific agriculture head and David Song as head of greater China retrocession.
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- June 23 2026
China’s first ultra‑light eVTOL cross‑boundary insurance launched in Qianhai
Yingwu Intelligent Technology (YIVTOL) has secured more than US$2.6m in coverage for its S‑Zero model through a policy arranged in Hong Kong.
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- June 12 2026
Axa XL Re’s Phil Xue returns to Guy Carpenter as China, Hong Kong managing director
Xue, who will also take over as the chief operating officer for the reinsurance broker in the region, was most recently CEO for Shanghai-based Axa International Re.
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- June 8 2026
Markel promotes Jenny Choi to head of casualty for greater China
Choi joined Markel in July 2024 as senior underwriter, international casualty, bringing 18 years’ experience across aviation, casualty and reinsurance.
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- June 1 2026
China names ex-PICC chair Ding Xiangqun as NFRA chief
She succeeds Li Yunze, who was reportedly removed from his post with the National Financial Regulatory Administration (NFRA) in April.
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- May 25 2026
China floods trigger US$110m in losses as claims top 33,000
Insurers have paid out US$31m in claims following heavy rains across southern and central China, according to the National Financial Regulatory Administration.
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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.
